GK & Current Affairs – November 16, 2015

1. Which is the first state to start e-auction of mines in India?
[A]Rajasthan
[B]Tamilnadu
[C]Jharkhand
[D]West Bengal
Answer: Rajasthan
Rajasthan government will be conducting the process of e-auction of mines. It is the first state to start e-bidding for mines in India. E-bidding will ensure the transparency in allocation of mines.
2. The 19th International Children’s Film Festival of India is organised in which city?
[A]Kolkata
[B]Bangalore
[C]Hyderabad
[D]Panaji
Answer: Hyderabad
Recently, the 19th International Children’s Film Festival of India popularly known as, ’The Golden Elephant,’ was started in Hyderabad on 14 November. Children’s Film Society, India (CFSI) is the nodal organisation to conduct the festival. CFSI organises an International Children’s Film Festival every alternate year in India.
3. Who has won the 2015 Brazilian Grand Prix title of Formula-1?
[A]Mark Webber
[B]Nico Rosberg
[C]Sebastian Vettel
[D]Jenson Button
Answer: Nico Rosberg
Mercedes driver Nico Rosberg from Germany has won the 2015 Brazilian Grand Prix title of Formula One (F1) by beating his teammate Lewis Hamiliton. It was Rosberg’s fifth win of 2015 and the 13th of his career.
4. Kamala Laxman, who passed away recently, was related to which of the following fields?
[A]Architect
[B]Environmentalist
[C]Author
[D]Journalist
Answer: Author
Kamala Laxman was a noted writer of children’s books and wife of iconic cartoonist and creator of the ‘Common Man’ R.K. Laxman. She was also a renowned Bharatanatyam danseuse and movie star, who began her career as Baby Kamala and then was later known as Kumari Kamala. She was commissioned by the India Book House in the 1970s to pen the Thama stories and tales of Tenali Raman, Krishnadeva Raya’s witty prime minister. The Tenali Raman stories were later memorably serialised and telecast on Doordarshan.
5. Which one of the following organisation has launched Financial Infrastructure Development Network (FIDN)?
[A]BRICS
[B]OECD
[C]APEC
[D]IMF
Answer: APEC
The Asia-Pacific Economic Cooperation (APEC) member economies have formally launched an initiative to make financial services accessible to more micro, small and medium-enterprises (MSMEs). The Financial Infrastructure Development Network (FIDN) is a network that brought together experts from the public and private sectors, including international organizations and industry associations, to support APEC economies in undertaking financial infrastructure reforms
6. Consider the following statements about New Pension Scheme (NPS):
1. Non-resident Indians (NRIs) are allowed to invest in NPS.
2. The minimum investment limit per year under NPS Tier-I account is Rs 6000/-.
Which of the statements given above is/are correct?
[A]1 only
[B]2 only
[C]Both 1 and 2
[D]Neither 1 nor 2
Answer: Both 1 and 2
Recently, Reserve Bank of India (RBI) has allowed Non-resident Indians (NRIs) to invest in the National Pension System (NPS), under Foreign Exchange Management Act. The subscription amounts shall be paid by NRIs by inward remittance through normal banking channels or out of funds held in their non-resident external, foreign currency non-repatriable, or non-resident ordinary (NRO) accounts. There shall be no restriction on repatriation of the annuity or accumulated savings. Presently, the minimum investment limit per year under NPS Tier-I account is Rs 6000/-.
7. Which country is set to host the 2015 Asia-Pacific Economic Cooperation (APEC) leaders’ summit?
[A]Australia
[B]Thailand
[C]Philippines
[D]Indonesia
Answer: Philippines
For the first time in nearly two decades, Philippines will host the 2015 Asia-Pacific Economic Cooperation (APEC) leaders’ summit in Manila The first time the Philippines hosted the summit was in 1996. This year, under the theme of “Building Inclusive Economies, Building a Better World”, Manila will push for inclusive growth, highlighting the role of small and medium enterprises (SMEs), which account for more than 97 per cent of businesses in APEC economies.
8. In context to India’s defence system, “Maareech” refers which one of the following?
[A]Intercontinental Ballistic Missile
[B]Autonomous Underwater Vehicle
[C]Advanced Torpedo Defence System
[D]Integrated Submarine Sonar System
Answer: Advanced Torpedo Defence System
Recently, Union Defence Minister has handed over Maareech – Advanced Torpedo Defence System developed by DRDO to the Indian Navy. Maareech is a joint project of Naval Physical and Oceanographic Laboratory (NPOL), Kochi and Naval Science and Technological Laboratory (NSTL), Vishakhapatnam. It is a state-of-the-art indigenous system for torpedo detection and countermeasures.
9. On which date, World Diabetes Day is observed?
[A]November 10
[B]November 12
[C]November 14
[D]November 16
Answer: November 14
November 14 is observed as World Diabetes Day. It is jointly organized by the World Health Organisation and the International Diabetes Federation. The logo of World Diabetes Day is a blue circle, which symbolizes life and health. November 14 marks the birthday of the man who co-discovered insulin, Frederick Banting. Insulin is a critically important medication for individuals with Type 1 diabetes.
10. Doyang Lake, famous as a roosting site for longest travelling raptors Amur Falcons is located in which state?
[A]Assam
[B]Meghalaya
[C]Nagaland
[D]Manipur
Answer: Nagaland
The Doyand Lake in Nagaland is set to develop as an eco-tourism spot for bird-watchers. Amur falcons come to roost at Doyang Lake in Wokha district of Nagaland every year, during their flight from Mongolia to Africa. The falcons travel almost 22,000km every year and come to Doyang every year in millions. They spend nearly a month in Doyang on the bank of the water reservoir of the Doyang hydroelectric project.

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