Current Affairs Questions & Answers - Nov 30, 2015

1)   PV Sindhu won which women’s singles title for the third time in a row on 29th November 2015?

a. Macau Open Grand Prix
b. Singapore Open
c. World Badminton Championship
d. Hong Kong Open
Answer  Explanation  Related Ques

ANSWER: Macau Open Grand Prix

Explanation:
Two time defending champion PV Sindhu has completed a hat-trick of singles titles winning a match for the third time in the row at the Macau Open Grand Prix Gold. She defeated Minatsu Mitani in the finals in a game 21-9, 21-23, 21-14 against the sixth seeded player in a long match. Sindhu is currently World Number 12.


2)   Which researchers have developed a technique which has been fed into high quality data satellites associated with supercomputers?

a. IIT-B
b. IIT-Kharagpur
c. IIT-M
d. None of the above
Answer  Explanation  Related Ques

ANSWER: IIT-M

Explanation:
Researchers at the Indian Institute of Technology-Madras developed a technique depending on “data assimilation” method depending upon high quality data being processed from satellites on supercomputers. IMD meteorologists have followed a synoptic method for cyclone prediction where weather observations are taken from ships or on the ground and in the upper atmosphere with the aid of sensors attached to balloons.


3)   What is the term for rupee dominated bonds issued to international buyers?

a. Masala bonds
b. Green bonds
c. Gold bonds
d. Convertible bonds
Answer  Explanation 

ANSWER: Masala bonds

Explanation:
Bonds are debt instruments used for raising money from investors. Prior to the advent of masala bonds, corporates have to rely on avenues such as ECB. Masala bonds are rupee denominated bonds issued to international buyers. In the case of masala bond, corporate could issue INR 10 billion worth of bonds while paying back INR 11 billion in one year. As the Indian rupee will have limited convertibility, investors will lend dollar equivalent of INR 10 billion. Indian corporate then needs to pay back dollar equivalent of INR 11 billion with the currency risk being with the investor. International Finance Corporation, investment arm of WB issued a INR 1000 crore bond in November 2014 which earned the name masala bond to account for the Indian angle. Chinese yuan denominated Dim Sum Bonds are also there as are Japanese yen dominated bonds called Samurai.


4)   Centre has formed which council recently to be headed by the Mines Secretary on 29th November 2015?

a. Development Council for Marine Industry
b. Development Council for Mining Industry
c. Development Council for Granite Industry
d. None of the above
Answer  Explanation 

ANSWER: Development Council for Granite Industry

Explanation:
Centre has formed a council to be represented by Central and state government officials, exporters and experts known as the Development Council for Granite Industry. This council will be headed by Mines Secretary and its first meeting of the council will take place on December 1.


5)   Bihar unit of BJP on 29th November 2015 elected which party leader as senior legislature party leader?

a. Nand Kishore Yadav
b. Prem Kumar
c. Sanjay Chaurasia
d. None of the above
Answer  Explanation 

ANSWER: Prem Kumar

Explanation:
Bihar unit of the BJP on 29th November elected senior party leader and 7 time Gaya town MLA was Leader of Opposition in the Bihar Assembly. Its winter session will commence on Monday, 30th November 2015. While a total of 243 seats saw a share of 53 for BJP in the assembly elections, party leader Kumar won the Gaya town seat for the seventh time.