Current Affairs Questions & Answers - Nov 28, 2015

1)   How many Advance Pricing Agreements has the Finance Ministry entered into so far with Indian subsidiaries of foreign companies in numerous segments?

a. 34
b. 33
c. 32
d. 31
Answer  Explanation  Related Ques

ANSWER: 31

Explanation:
Finance Ministry has indicated it has entered into 31 Advance Pricing Agreements with Indian subsidiaries of foreign companies working in various segments. CBDT has entered into 11 more APAs. CBDT has now signed 31 APAs out of which 30 are unilateral and one is bilateral. 7 of the 11 new APAs have 7 rollback provisions. The other 4 are for future 5 years.


2)   FIPB has cleared three FDI proposals worth how much on 27th November 2015?

a. 140 crore
b. 150 crore
c. 155 crore
d. 160 crore
Answer  Explanation  Related Ques

ANSWER: 160 crore

Explanation:
FDI proposals worth INR 160 crore have been cleared by FIPB on 27th November 2015. Proposals of ScaleneWorks People Solutions LLP, GVK Biosciences and Singapore based GMS Pharma got cleared. They are worth Rs 160 crore.


3)   India has added 2311 MW of power generation capacity in FY 16. What is the target of the power generation capacity including power generation capacity addition from renewable energy sources?

a. 4360 MW
b. 4460 MW
c. 4560 MW
d. None of the above
Answer  Explanation 

ANSWER: 4460 MW

Explanation:
India has added 2311 MW green power generation capacity in the current fiscal. GoI has also set a target of 4460 MW of power generation capacity from renewable energy sources such as wind and solar as well as small hydro. In the first 7 months of the current fiscal, 827.22 MW of solar power generation capacity was added, taking cumulative electricity generation capacity from source to 4579.24 MW. Centre is also aiming to add 1400 M solar power generation capacity in the current fiscal.


4)   Government has given the nod for INR 3120 crore for infrastructure boost in how many AMRUT cities on 27th November 2015?

a. 100
b. 101
c. 102
d. 103
Answer  Explanation  Related Ques

ANSWER: 102

Explanation:
GoI has approved investment of INR 3120 crore for boosting urban infrastructure in 102 cities of 5 states including increased water supply, enhanced sewerage network, transportation system which is non-motorized and availability of public spaces. The investment has been approved under the Atal Mission for Rejuvenation and Urban Transformation.


5)   The roll out of BS-VI fuel compliant 4 wheelers has been advanced by two years to which year?

a. 2022
b. 2023
c. 2021
d. 2019
Answer  Explanation 

ANSWER: 2021

Explanation:
Transport ministry has made the decision to advance launch of BS-VI fuel compliant 4 wheelers by two years from 2023 to 2021. The ministry had earlier moved the deadline by one year from the original deadline of 2024. The decision to pre-pone the rolling out has been taken to reduce vehicular pollution. Ministry has issued draft notification on manufacturing of both BS-V and BS-VI fuel compliant four- wheelers, according to which all new models of 4 wheelers manufactured after April 2019 have to be BS-V compliant. All new models of 4 wheelers produced after April 2021 will be BS-VI fuel compliant and existing models must meet requirement from April 2022.


6)   Which former boxing champion was recently gunned down on 27th November 2015?

a. O’Riel Bell
b. O’Neil Bell
c. Muhammad Ali
d. None of the above
Answer  Explanation 

ANSWER: O’Neil Bell

Explanation:
Ex undisputed boxing champion O’Neil Bell has been gunned down by Atlanta robbers. The 40 year old Jamaican born ex cruiserweight champion completed his 13 year career with a record 27 wins. Bell held the World Boxing Council, International Boxing Federation and World Boxing Association titles simultaneously after knocking out France's Jean-Marc Mormeck in 2006.


7)   China’s biggest wireless carrier China Mobile has indicated on 27th November 2015 that it will acquire which company’s fixed line telecom business?

a. Tie Tong
b. Die Tong
c. Sie Tong
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Tie Tong

Explanation:
The larges wireless carrier in China, China Mobile on 27th November 2015 has indicated that it will acquire sister company Tie Tong’s fixed line telecom business for USD 4.99 billion to boost its business presence in China. CMTie Tong which is the wholly acquired subsidiary of China Mobile has agreed to acquire fixed line telecom business from Tie Tong.


8)   HSBC Holdings Plc has made which decision after a strategic review on 27th November 2015?

a. Shut its India private banking operations
b. Close its international retail banking operations
c. Stop wealth management programs and projects
d. Cease to provide insurance
Answer  Explanation  Related Ques

ANSWER: Shut its India private banking operations

Explanation:
HSBC Holdings Plc has made the decision to shut private banking operations in India after a strategic review. Private banking customers will have the option to be a client of HSBC Premier, a global retail banking and wealth management proposition. Indian private banking HSBC unit has 70 clients and around 32,000 employees in India. HSBC India reported 12 per cent dip in pre-tax profit for the January-June period at USD 335 million due to a fall in the merchant banking, retail banking and wealth businesses.


9)   AP had adopted the AP Port Policy as part of which a dedicated _______ Board will be formed.

a. Port
b. Maritime
c. Both of the above
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Maritime

Explanation:
AP will soon have a dedicated Maritime Board governing integrated planning, monitoring and development of all ports including concessions to stakeholders. State Government has adopted the AP Port Policy 2015 as part of harnessing the benefits of a 974 km coastline which is the third longest in the nation. The State has targeted to achieve 15 per cent share in cargo handling by 2019 and 25 per cent by 2025.
It has one major port at Visakhapatnam besides 14 non-major port locations: Bhavanapadu, Meghavaram, Kalingapatnam, Bheemunipatnam, Gangavaram, Nakkapalli, Kakinada SEZ, Kakinada Deep Water, Surasena Yanam/Rawa, Narsapur, Machilipatnam, Nizamapatnam, Vodarevu and Krishnapatnam. Limited operations will be carried out at Kakinada Anchorage Port.


10)   RBI on 24th November 2015 granted in principle approval to three applicants to establish and operate TReDS. What does TReDS stand for?

a. Trading Receivables Discounting System
b. Trade Receivables Discounting Schedule
c. Trade Receivables Discounting System
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Trade Receivables Discounting System

Explanation:
Reserve Bank of India in November 2015 has granted in principle approval to three following applicants to establish a Trade Receivables Discounting System:

- NSE Strategic Investment Corporation Limited (NSICL) and Small Industries Development Bank of India (SIDBI), Mumbai
- Axis Bank Limited, Mumbai
- Mynd Solutions Pvt. Ltd., Gurgaon, Haryana


11)   Which well known literary figure passed away on 25th November 2015?

a. Surendra Upadhyay
b. Arundhati Roy
c. Khushwant Singh
d. None of the above
Answer  Explanation 

ANSWER: Surendra Upadhyay

Explanation:
Well known literary figure and professor Surendra Upadhyay passed away due to cardiac arrest on 25th November 2015 at the age of 74. A former chairperson of the Rajasthan Brijbhasha Academy, he also served as chairman of Rajasthan Pradesh Congress Committee Intellectual Cell and has authored at least three dozens of books, mainly short fiction, critic and poetry.


12)   Who has been appointed as APPSC Chairman w.e.f 26th November 2015?

a. P Uday Bhaskar
b. Sivanarayana
c. Shankar Gopalkrishnan
d. None of the above
Answer  Explanation  Related Ques

ANSWER: P Uday Bhaskar

Explanation:
P Uday Bhaskar was appointed as Chairperson of Andhra Pradesh Public Service Commission on 26th November 2015. There has been no permanent chairman of this public service commission since 2014, when member Sivanarayana was interim chairman and retired in June 2015. Dr Uday Bhaskar is a professor of Civil Engineering and Director of Foreign Universities and Alumni Relations of the Jawaharlal Nehru Technological University Kakinada (JNTU-K). He is also Director at the latter institute and is an IIT-Kanpur alumnus.


13)   ICC has announced which female match officials have been selected for the ICC Women’s World Twenty20 Qualifier 2015?

a. Kathleen Cross
b. Sue Redfern
c. Jacqueline Williams
d. All of the above
Answer  Explanation  Related Ques

ANSWER: All of the above

Explanation:
The match is to be held in Bangkok, Thailand, will start from 28 November 2015 and close on 5 December 2015. Kathleen Cross (New Zealand), Claire Polosak (Australia), Sue Redfern (England) and Jacqueline Williams (West Indies) are the four names selected for the ICC Women’s World Twenty20 Qualifier. Criss is the first first woman to be named in an ICC umpires’ panel when she was added to the ICC Associate and Affiliate panel of umpires in 2014 while Polosak is the youngest official at the tournament.


14)   Which country celebrated its national day on November 28, 2015?

a. Mauritius
b. Mauritania
c. Tanzania
d. None of the above
Answer  Explanation 

ANSWER: Mauritania

Explanation:
Islamic Republic of Mauritania celebrated its National Day on November 28 2015. President Pranab Mukherjee extended greetings to the nation on this august occasion. Currently the President of this nation is H.E. Mr. Mohamed Ould Abdel Aziz, President of the Islamic Republic of Mauritania. Warm bilateral ties exist between India and Mauritania.


15)   Power Pavilion of Ministry of Power has won which award at IITF 2015?

a. Gold
b. Silver
c. Bronze
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Gold

Explanation:
Power Pavilion of Ministry of Power has won Gold Award at the India International Trade fair (IITF) -2015. It has won the award for consistent performance in the field.


16)   Which units have won the Ministry of Urban Development’s Urban Mobility India Award for the year 2015 for “Best Initiative for Improved Road Safety”?

a. Gurgaon Police
b. Bhopal Police
c. Both of the above
d. None of the above
Answer  Explanation 

ANSWER: Both of the above

Explanation:
Gurgaon Police was awarded for their ‘Let’s Talk About Road Safety’ campaign while Bhopal Traffic Police’s ‘Behtar Traffic-Behtar Bhopal’ also won the prize. “Best City Bus Services” Award was jointly presented to Chhattisgarh State Urban Development Authority and Raipur Municipal Commissioner and Karnataka State Road Transport Corporation. Municipal Commissioner, Raipur received the Award for ‘Cluster Based City Bus Project of Chhattisgarh.
‘Best Intelligent Transport System Project’ Award was presented to ‘Computerised Duty Schedules’ of BEST, Mumbai.


17)   LRSAM jointly designed by DRDO, IAI and which country has been successfully flight tested on 27th November 2015?

a. Egypt
b. Israel
c. Liberia
d. Palestine
Answer  Explanation  Related Ques

ANSWER: Israel

Explanation:
Long Range Surface to Air Missile (LRSAM), jointly designed and developed by IAI, Israel and DRDO, has been successfully flight tested from an Israeli Naval Platform. DRDO has designed the Dual Pulse Propulsion System and other safe arm mechanisms for Solid Propulsion system for the first time. This test from Israel Naval Platform attained the major milestone in proving the missile system with complete participation of the Ship Borne Tracking Equipment. This missile will be inducted into Indian Naval Ships.


18)   India on 27th November successfully test fired which nuclear capable missile?

a. Agni 1
b. Agni 2
c. Agni 3
d. Agni 4
Answer  Explanation  Related Ques

ANSWER: Agni 1

Explanation:
India on 27th November successfully test-fired indigenously built nuclear-capable Agni-I missile, capable of hitting a target at a distance of 700 kms, from a test range off the Odisha coast as part of Strategic Forces Command (SFC) training exercise. This is a surface to surface single stage missile powered by solid propellants. It was launched from ITR at Abdul Kalam Island. Weighing 12 tonnes, the 15-metre-long Agni-I, is designed to carry a payload of more than one tonne.Agni-I was developed by Advanced Systems Laboratory, the premier missile development laboratory of DRDO in partnership with Imarat and Bharat Dynamics Limited. The last trial of Agni-I, conducted on September 11, 2014 from the same base, was successful too.


19)   NASA has installed the first of 18 flight mirror onto which Telescope?

a. David Webb Space Telescope
b. James Webb Space Telescope
c. Both of the above
d. Neither a nor b
Answer  Explanation  Related Ques

ANSWER: James Webb Space Telescope

Explanation:
NASA has successfully installed the first of total 18 flight mirrors onto the James Webb Space Telescope, commencing a critical piece of the observatory's construction to replace the Hubble Space Telescope in 2018. This telescope will be the premier astronomical observatory of the coming decade.


20)   Who has been named Britain's first ever professor of "graphic fiction and comic art”?

a. Sam Peeters
b. Benoit Peeters
c. David Peeters
d. None of the above
Answer  Explanation  Related Ques

ANSWER: Benoit Peeters

Explanation:
Benoit Peeters, 59, a French graphic novelist and critic, will take on the position of visiting professor at Lancaster University in north west England from summer 2016. He is known as an international authority on Tintin comics created by Herge.