Current Affairs Questions and Answers - August 07, 2015Q1. Why the date 7th August has been chosen for celebrating National Handloom Day in India?
A. Death Anniversary of Ravindra Nath Tagore observed on the same day.
B. Sant Kabir Awards was launched on the same day.
C. On this day, the Swadeshi Movement was launched in 1905.
D. National Awards for the year 2012 was launched on the same day.View Answer / Hide Answer
Q2. On 6th Aug’15 which country unveiled a major extension of the Suez Canal to revive the economy after years of unrest?
ANSWER: C. On this day, the Swadeshi Movement was launched in 1905.
The date 7th of August has been chosen due to its special significance in India`s history. On this day, the Swadeshi Movement was launched in 1905. The movement involved revival of domestic products and production processes.
D. TunisiaView Answer / Hide Answer
Q3. With which country’s space agency NASA on 5th Aug’15 signed a contract worth 490 million US dollars with for carrying the US astronauts to the International Space Station (ISS)?
ANSWER: A. Egypt
The project being carried out at a cost of 8.5 billion dollars extension of the waterway is funded entirely by Egypt without foreign aid. The extension involved digging and dredging along 72 kilometers of the 193 kilometer canal, making a parallel waterway at its middle that will facilitate two way traffic accommodating the world's largest ships.
D. RussiaView Answer / Hide Answer
Q4. What is the theme of this year’s International Conference on 'Inclusive Museums' ?
ANSWER: D. Russia
NASA further said a lack of funding for development of private vessels by US companies Boeing and Space-X over the last five years has left NASA with no other option. As a result, the US will pay for use of space vessels belonging to the Roscosmos-Russian Space Agency.
A. Museums as Civic Spaces
B. Museums as the Knowledge of World
C. Museums-Remembrance of History
D. Museums- Time to RevampView Answer / Hide Answer
Q5. How many total medals were won by the Indian Police team that had participated in the 2015 Fairfax World Police & Fire Games held at Virginia, US from June 26 to July 05, 2015?
ANSWER: A. Museums as Civic Spaces
The President of India, Shri Pranab Mukherjee inaugurated an International Conference on ‘Inclusive Museums’ at Rashtrapati Bhavan on 6th Aug’15.
D. 101View Answer / Hide Answer
Q6. Which telecom company‘s proposals to hive its towers into a new company got approval from Union Cabinet on 5th Aug’15?
ANSWER: C. 157
The 53-member Indian Police team has returned with a record-breaking haul of 157 medals including 88 Gold, 49 Silver and 20 Bronze medals. The tally of 157 medals is the biggest harvest of medals and at these prestigious Games has broken the record of 2013 World Police & Fire Games held at Belfast (Northern Ireland) wherefrom Indian Police team had come back with 48 Gold, 22 Silver and 13 Bronze medals (total 83 medals).
D. BSNLView Answer / Hide Answer
Q7. Which telecom company of India became the first company to roll out the pan-India 4G network which is built on an open partner ecosystem model?
ANSWER: D. BSNL
This will help BSNL to realign its structure in the highly competitive telecom sector. It will also help the public sector company to unlock its tower assets and improve its financial position.
D. VodafoneView Answer / Hide Answer
Q8. As per the Forbes list of 2015 World's Highest-Paid Actors, which of the following is at the top?
ANSWER: A. Airtel
On 6th Aug’15 Bharti Airtel launched pan-India 4G high-speed data services in 296 towns across India and it will be available to customers through 4G-enabled mobile phones, internet dongles and Wi-Fi routers.
A. Jackie Chain
B. Robert Downey Jr.
C. Vin Diesel
D. Bradley CooperView Answer / Hide Answer
Q9. On 6th Aug’15 the Lok Sabha adopted the Negotiable Instruments (Amendment) Bill 2015 that enables the _________.
ANSWER: B. Robert Downey Jr.
Robert Downey Jr. topped the list for the third year in a row with earnings of 80 million US dollars. Amitabh Bachchan and Salman Khan stood at seventh position with earnings of 33.5 Million US dollar.
A. Enable Cheque collections on Electronic Mode
B. Proposed to change the definition of Cheques
C. Lift the penalty over bouncing cheques
D. Increase the penalty over bouncing chequesView Answer / Hide Answer
Q10. As announced by EPFO on 6th Aug’15, what amount of money would be invest by EPFO via Exchange Traded Funds (ETF)?
ANSWER: A. Enable Cheque collections on Electronic Mode
The proposed law seeks to amend the Negotiable Instruments Act of 1881 in tune with the modern day requirements for enabling electronic mode of operations. Nearly 40 thousand cheque bouncing cases are pending with High Courts and about 19 lakh cases in lower courts across the country.
A. 200 Crore
B. 980 Crore
C. 2400 Crore
D. 5000 CroreView Answer / Hide Answer
ANSWER: D. 5000 Crore
The Employment Provident Fund Organisation - EPFO will invest around Rs 5,000 crore this fiscal through SBI Mutual Fund's two index linked ETFs, one to the BSE's Sensex and the other to NSE's Nifty. The decision comes after the labour ministry allowed EPFO to invest 5 to 15 % of its incremental corpus in equities through ETFs. Asked why EPFO was starting off with just 5% of the corpus when it has the mandate for 15%, EPFO Commissioner K.K. Jalan said that the organisation had decided to go slow. Adding that investing through ETF route reduces risk, Mr. Jalan said fund allocation could increase to as much as Rs 70 billion to Rs 80 billion next year and that the organisation will also consider investing in other ETFs. Currently, EPFO has 8.5 trillion rupees under management, most of it invested in government bonds.