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16-05-2014 QUESTION OF THE DAY (16-MAY-2015)

Ques. : 1   India and China on 15 May signed 24 deals worth over $10 bn during PM Narendra Modi's visit to China. There is a pact to establish consulates-general at Chengdu in China and at _________in India.
1) Mumbai     2) Hyderabad
3) Bangalore     4) Chennai
5) None of these     



Ques. : 2   As informed by the govt to the Parliament on 13 May, the trade deficit between India and China increased about 34 per cent in 2014-15 to
1) USD 28 bn     2) USD 34 bn
3) USD 36.21 bn     4) USD 41 bn
5) USD 48.43 bn     



Ques. : 3   The govt has approved an exit policy for highway developers who can now divest 100 per cent equity two years after completion of construction. The decision will apply to
1) pre-2009 projects     2) pre-2008 projects
3) pre-2007 projects     4) pre-2004 projects
5) None of these     



Ques. : 4   The govt has approved the new urea policy. Which of the following statements is NOT correct in this regard?
1) The govt is likely to cover the entire cost of natural gas, the main feedstock accounting for almost 80 per cent of the production cost.     2) The govt has suggested a 12-20 per cent post-tax return on fresh capital infusion by manufacturers.
3) India produces about 22 million tonnes (mt) of urea annually and imports 8-10 mt to meet the total demand of 30-32 mt.     4) The retail price of urea has been fixed by the Government at Rs 5,360 per tonne.
5) None of these     



Ques. : 5   The Reserve Bank of India has waived the second or the additional factor of authentication (AFA) for small value transactions up to
1) Rs 1,000     2) Rs 2,000
3) Rs 2,500     4) Rs 3,000
5) None of these     



Ques. : 6   The new insider trading regulations came into effect starting
1) 5 May     2) 11 May
3) 15 May     4) 16 May
5) None of these     



Ques. : 7   BB King passed away at 89 recently. He was a veteran
1) novelist     2) economist
3) singer and guitarist     4) drummer
5) None of these     



Ques. : 8   The number of telephone connections in India crossed _________ mark at the end of Apr.
1) 500 million     2) 1 billion
3) 1.5 billion     4) 2 billion
5) None of these     



Ques. : 9   The Central govt on 15 May said that it has finalised the rural business process outsourcing (BPO) policy and approved ________ seats for setting up call centres across the country.
1) 28,000     2) 32,000
3) 38,000     4) 48,000
5) 52,000     



Ques. : 10   PM Narendra Modi and President Xi Jinping on 14 May visited the iconic Giant Wild Goose Pagoda built in 652 AD in recognition of monk
1) Hiuen Tsang     2) Asanga
3) Zhang Qian     4) Faxian
5) Kumarajiva     




ANSWERS

1. Answer:- 4) Chennai
2. Answer:- 5) USD 48.43 bn
3. Answer:- 1) pre-2009 projects
4. Answer:- 5) None of these
5. Answer:- 2) Rs 2,000
6. Answer:- 3) 15 May
7. Answer:- 3) singer and guitarist
8. Answer:- 2) 1 billion
9. Answer:- 4) 48,000
10.Answer:- 1) Hiuen Tsang





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