Current Affairs Questions and Answers - July 17, 2015Q1. On how many insurance companies the Competition Commission of India has imposed penalty of 671 crore rupees for cartelization and adopting anti competitive practices?
D. 7View Answer / Hide Answer
Q2. Which school/college won the 18th National Youth Parliament Competition organized by Ministry of Parliamentary Affairs for school children across the country?
ANSWER: C. 4
These companies are National Insurance, New India Assurance, Oriental Insurance and United India Insurance. In its order, the fair trade regulator also asked them to cease and desist from anti-competitive. The present case relates to bid rigging in public procurement for social welfare schemes-- Rashtriya Swashtya Bima Yojana and Comprehensive Health Insurance Scheme of Kerala government. The beneficiaries of the schemes were BPL families. The investigation by the CCI concluded that the insurance companies colluded with each other and manipulated with tendering process initiated by the Kerala government.
A. JNV Saharanpur
B. JNV Churachandpur
C. JNV Mysore
D. JNV ArariaView Answer / Hide Answer
Q3. On 15th July 2015 the Supreme Court of India termed the National Pharmaceutical Pricing Policy, 2012 and the Drug Price Control order (DRCO) 2013 as ______________.
ANSWER: B. JNV Churachandpur
Jawahar Navodaya Vidyalaya (JNV) of Churachandpur in Manipur emerged winner from a list of 64 JNVs spread across 8 regions of Navodaya Vidyalaya Saimiti in the country.
d. Both A and BView Answer / Hide Answer
Q4. In which state scientists on 15th July’15 discovered the remnants of a historically important port expected to be amongst the oldest signs of human trade on the central west coast?
ANSWER: d. Both A and B
The court was hearing a PIL filed by NGO All India Drug Action Network alleging that the Market Based Pricing (MBP) was never used for any price regulatory purposes and this was making medicines costlier. The three-judge bench headed by Justice TS Thakur and comprising Justice V Gopala Gowda and Justice R Banumathi asked the Department of Pharmaceuticals of Union Ministry of Chemicals and Fertilizers to pass a reasoned order on the issue within six months after hearing all parties concerned.
D. Goa View Answer / Hide Answer
Q5. On 16th July’15 the Archery Association of India (AAI) constituted a three-member committee to probe the reasons behind men’s compound archery team’s failure to appear for the bronze medal play-off at the ______.
ANSWER: D. Goa
The Port is supposed to be existed between 1000AD - 3500 AD. The researchers are also of the opinion that they may discover a dockyard similar in structure to Lothal dockyard in Gujarat which was discovered by Archeological Survey of India (ASI) in 1954.
A. Asian Games 2015
B. Common Wealth Games 2011
C. World University Games 2015
D. Paralympics Games 2015View Answer / Hide Answer
Q6. On 15th July’15 Prime Minister Narendra Modi unveiled National Policy for Skill Development and Entrepreneurship 2015 is intended to replace the ___________.
ANSWER: C. World University Games 2015
World University Games was held in Gwangzhou, Korea from 3 July to 14 July 2015. Men’s compound team of India comprising Gurwinder Singh, Kanwalpreet Singh and and Aman were unavailable at the start of the match against Italy at 10am local time in Gwangju and as per the World Archery rules the game was forfeited.
A. National Policy on Skill Development 2009
B. International Policy on Skill Development 2009
C. National Policy on Skill Development 2004
D. National Policy on Skill Development 2000View Answer / Hide Answer
Q7. What are the four initiatives launched as part of Skill India Vision on 15th July’15?
ANSWER: A. National Policy on Skill Development 2009
It is the first such policy on entrepreneurship since independence in India. The policy was unveiled in a programme held on the occasion of first-ever World Youth Skills Day.
A. National Policy for Skill Development and Entrepreneurship 2015, National Skill Development Mission (NSDM), Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and Entrepreneur Skill Loan scheme
B. National Policy for Skill Development and Entrepreneurship 2015, National Skill Development Mission (NSDM), Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and Skill Loan scheme
C. National Policy for Entrepreneurship 2015, National Skill Development Mission (NSDM), Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and Entrepreneur Skill Loan scheme
D. State Policy for Skill Development and Entrepreneurship 2015, National Skill Development Mission (NSDM), Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and Entrepreneur Skill Loan scheme View Answer / Hide Answer
Q8. Who is the editor of the book “Swatantrata Senani Raja Mahendra Pratap” released by the Vice President of India Shri M. Hamid Ansari on 16th July’15?
ANSWER: B. National Policy for Skill Development and Entrepreneurship 2015, National Skill Development Mission (NSDM), Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and Skill Loan scheme
The four initiatives are aimed at making India as a hub of world’s human resource capital.
A. Raghuvir Singh ‘Arvind’
B. Rajesh Rana
C. T S Rana
D. Bharti SinghView Answer / Hide Answer
Q9. On 16th July’15 the Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the signing of Memorandum of Understanding (MoU) between India and Canada in the field of _______.
ANSWER: A. Raghuvir Singh ‘Arvind’
The book highlights that Raja Mahendra Pratap never compromised with his political thoughts and was very influenced with the Gadar Revolution of 1913-15. He migrated to Afghanistan leaving all his lands and properties in India and in 1915 he established first provincial Government of India in Kabul along with his accomplice Barkatullah Khan and Maulavi Abaidullah Sindhi. He returned to India after World War –II when India was about to get Independence. He was of the view of the formation of a Great Union from Afghanistan to Sri Lanka which was not possible due to partition.
B. Manufacturing Sector
D. Civil Aviation View Answer / Hide Answer
Q10. On 16th July’15 the Financing Agreement for World Bank (IDA) assistance of US$ 250 million for Andhra Pradesh Disaster Recovery Project was signed between Government of India and the ______.
ANSWER: D. Civil Aviation
The MoU will help in deepening the bilateral cooperation and enhancing the experience and technical knowledge in the field of Civil Aviation between India and Canada.
A. European Central Bank
B. BRICS Bank
C. World Bank
D. Federal BankView Answer / Hide Answer
Q11. What is the name of the new bill approved by the Cabinet in the Lok Sabha for the repeal of 295 Acts, identified for repeal by the concerned Ministries/Departments and the Legislative Department?
ANSWER: C. World Bank
The objective of the project is to restore, improve and enhance resilience of public services, environmental facilities, and livelihoods in targeted Communities of Andhra Pradesh, and increase the capacity of the State to respond promptly and effectively to an eligible crisis or emergency.
A. Repealing and Amending (Third) Bill, 2015
B. Repealing and Amending (Second) Bill, 2015
C. Repealing and Amending (Fourth) Bill, 2015
D. Repealing and Amending (Fifth) Bill, 2015View Answer / Hide Answer
Q12. Which Public Sector Unit (PSU) bagged the 12th National Awards for Excellence in Cost management 2014?
ANSWER: C. Repealing and Amending (Fourth) Bill, 2015
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi on 16th July’15 gave its ex-post facto approval for Repealing and Amending (Third) Bill, 2015, which was introduced in Lok Sabha on 13th May, 2015 for repealing 187 Acts. The Cabinet also approved introduction of a new Bill, namely, the Repealing and Amending (Fourth) Bill, 2015 in the Lok Sabha for the repeal of 295 Acts, identified for repeal by the concerned Ministries/Departments and the Legislative Department.
D. RailTelView Answer / Hide Answer
Q13. In which city the first ‘One Stop Centre (OSC) for Women’ of the Ministry of Women & Child Development was inaugurated on 16th July’15?
ANSWER: D. RailTel
This award is organized by The Institute of Cost Accounts of India. RailTel has won the award in the category of Public- Service Sector (Medium). RailTel Corporation a "Mini Ratna (Category-I)" PSU is one of the largest neutral telecom services providers in the country owning a Pan-India optic fiber network covering all important towns & cities of the country and several rural areas covering 70% of India’s population.
D. Pune View Answer / Hide Answer
Q14. Who has been appointed as the head of the 14 member committee that will work out a five-year action plan for financial inclusion?
ANSWER: A. Raipur
The One Stop Centre at Raipur is located in the premises District Hospital, Raipur. It will provide access to integrated range of services under one roof including medical aid, police assistance, legal aid/case management, psychosocial counseling, temporary support services to women affected by violence.
A. Deepak Mohanty
B. Bimal Jalan
C. Bibek Debroy
D. Arvind KumarView Answer / Hide Answer
ANSWER: A. Deepak Mohanty
Deepak Mohanty is the RBI Executive Director. The Committee will work to spread the reach of financial services to unbanked population. The committee was constituted in reference to Prime Minister Narendra Modi’s address on the occasion of the Reserve Bank’s 80th anniversary wherein he asked the Bank to take the lead in encouraging financial institutions and to set a medium-to-long term target for sustainable financial inclusion.