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www.tnpscquestionpapers.com •• Current Awareness MCQs 2012 – Set 2 Fecebook.com/IBPSExamination , Twitter.com/IBPSExamination Follow us:- This is the 2nd set of 120 Current Affairs quizzes. These quizzes will equip you to take all competitive examinations as well. These quizzes are based on Corporate, Economy, Sports, Science, National Current Affairs of India. This will make you better prepared to face competitive examinations like that of IBPS CWE, Bank PO, RRB, NABARD, RBI, LIC, Civil Services, MBA etc. 1. Oman Investment Fund (OIF), the Sultanate of Oman’s sovereign wealth fund, filed application with the government to buy a stake in which of the software solutions company, IT People promoted exchange? a. Universal Commodity Exchange b. Agri bourse NCDEX c. Intercontinental Exchange d. National Spot Exchange Limited Answer: (a) 2. Which company on 27 Deember 2011 mentioned that it would acquire the remaining 51 per cent stake from BP Alternative Energy Holdings in the joint venture that it formed with BP? a. Reliance Power b. Tata Power c. Adani Power Limited d. ABB Ltd Answer: (b) 3. Which paharmaceutical company announced in December 2011 the launch of Supamovecream used for treating pain and inflammation in India? a. Cipla b. Ranbaxy www.tnpscquestionpapers.com c. Dr. Reddy’s d. Sun Pharmaceuticals Answer: (c) 4. Name the state-run Mumbai-headquartered bank which on 29 December 2011 surprised the market by cutting its base rate, the minimum lending rate, by 10 basis points, thereby becoming the first banker this year to do so when others are waiting for a signal from the central bank. a. State Bank of India b. Union Bank c. United Bank of India d. Allahabad Bank Answer: (b) 5. The $35-billion Aditya Birla group plans to set up a viscose staple fibre (VSF) plant in the Adana Organised Industrial Zone in which of the following countries? a. Tunisia b. Tanzania c. Turkey d. Tibet Answer: (c) 6. Reserve Bank of India deregulated non-resident external (NRE) deposits on 16 December 2011 allowing banks to offer higher interest rates to dollar-denominated accounts. Which of the following facts related to the above statement is/are not true? 2. Reserve Bank freed the rates on non-resident external accounts, offering interest as high as 9.6% per annum 3. Following RBI’s deregulation five Indian banks, including HDFC Bank and Yes Bank on 23 December 2011 raised their interest rates on such deposits in order to lure foreign money 4. Private lender Yes Bank increased the interest rates on fixed deposits held by non-resident Indians (NRIs) to 8.4 per cent from 3.82 per cent 5. The new rates are effective from 24 December for fresh deposits as well as those being renewed on maturity. a. 1 & 2 b. Only4 c. Only 3 d. 1 & 4 Answer: (c) 7. According to the RBI data, India's foreign exchange reserves fell by what amount to $302.1 billion during the week ended 16 December 2011 on account of a fall in foreign currency assets? a. $4.67 billion b. $3.33 billion c. $5 billion www.tnpscquestionpapers.com d. $5.75 billion Answer: (a) 8. According to the Tea Board data released in December 2011, tea imports declined by what per cent to 9.91 million kg in the April-October period of 2011? a. 10% b. 12.5% c. 14% d. 15.3% Answer: (c) 9. Infrastructure sector recorded a growth of what per cent in Novemberr 2011 after touching five- year low of 0.3% in October 2011 due to an impressive growth in cement, electricity and refinery products? a. 2.3% b. 3.9% c. 4.6% d. 6.8% Answer: (d) 10. Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of what per cent of adjusted gross revenues (AGR) as against the prevalent rate of 6-8 per cent? a. 10% b. 8% c. 5.2% d. 9.3% Answer: (b) 11. Theatre director, screenplay writer and actor Satyadev Dubey, credited with introducing existential and absurd theatre, passed away on 25 December 2011. Which facts about the concerned person is/are not true? 2. he got attracted to the post-1947 theatre and joined Theatre Unit, the theatre group-cum-school founded by Ebrahim Alkazi 3. Dubey came into prominence with Dharamvir Bharati’s radio-play Andha Yug that brought to the fore the pervasive criminal and homicidal tendencies during the times of war. 4. He penned screenplays/dialogue of some acclaimed films in the 1970s, including Shyam Benegal's Nishant, Ankur, Kalyug and Bhumika 5. He won the Filmfare Award for Best Dialogue in 1980 for the film Ankur a. Only 1 b. Only4 c. 2 & 3 d. Only 2 Answer: (b) www.tnpscquestionpapers.com 12. Identify the veteran politician and former Chief Minister of Karnataka with the help of the following clues. 1. He was the Chief Minister of Karnataka from 1990-92 and died on 26 December 2011 2. The three time Lok Sabha member represented Bellary constituency 3. He was on the national political stage as a Lok Sabha member for three terms in 1996, 1999 and 2003. 4. He was instrumental in holding the first Indian international film festival in Bengaluru in 1993 a. H. D. Kumaraswamy b. J. H. Patel c. S. M. Krishna d. S.Bangarappa Answer: (d) 13. India’s infant mortality rate (IMR) showed a 3 point decline, dropping to what number per 1,000 live births, as per government data released on 28 December 2011? a. 43 b. 55 c. 47 d. 50 Answer: (c) 14. Maharashtra government planned to provide free medicare for poor families. Consider the following statements: i) The plan will benefit 50 lakh families. ii) The plan will cover eight districts in state. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct 15. Lok Sabha on 27 December 2011 passed the Lokpal and Lokayukta bill, 2011. Consider the following statements: i) The setting up of Lokayuktas by the states would not be mandatory. ii) The constitutional amendment bill fell through. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct 16. Name the Mumbai skipper who on 22 December 2011 overtook former teammate as the highest run-getter in Ranji Trophy by scoring a total of 8242 runs. www.tnpscquestionpapers.com a. Wasim Jaffer b. Amol Muzumdar c. Amarjeet Kaypee d. Pankaj Dharmani Answer: (a) 17. Who won his first Men’s Singles title of 2011 at the 2011 $120,000 Syed Modi India Open Grand Prix Gold badminton championship? a. Sourabh Verma b. Taufik Hidayat c. Anup Sridhar d. Hendra Setiawan Answer: (b) 18. Which team won both the men's & women’s title in the 10th All-India Invitational volleyball tournament for the Vajpayee Cup? a. Andhra Pradesh b. Punjab c. Kerala d. Southern Railway Answer: (c) 19. Identify the Indian footballer with the help of the following clues. 1. This Indian football team defender announced his retirement from international football on 26 December 2011 2. He captained the Indian team in one match (against Malaysia) in November 2011 3. He had scored one goal against Bhutan in SAFF Cup in 2005 4. He was part of the Indian teams which won SAFF Cup (2005), Nehru Cup (2007 and 2009), AFC Challenge Cup (2008) apart from the recent SAFF championship a. Arnab Mondal b. Gurwinder Singh c. Anas Edathodika d. Mahesh Gawli Answer: (d) 20. The Indian team finished at the fourth position in the World Women's Team Chess Championship at Mardin,Turkey on 27 December 2011. Which team won gold and emerged at the top in the competition? a. Ukraine b. Russia c. China d. Greece Answer: (c) 21. Name the Cyclone, which hit the coast of Chennai and south-eastern coastal areas. a) Thane www.tnpscquestionpapers.com b) Nargis c) Rita d) Katrina Answer: (a) Thane 22. Name the gene, which controls memory in human brain. a) Npas4 b) Npas3 c) Mpas4 d) Npas2 Answer: (a) Npas4 23. WGEEP designated entire Western Ghats as an ecologically sensitive area. What is the full form of WGEEP? a) Western Ghats expert panel b) Western Ghats environmental panel c) Western Ghats environmental expert panel d) Western Ghats ecology expert panel Answer: (d) Western Ghats ecology expert panel 24. China launched a High-Speed Bullet Train in Quingdao, Shandong. Consider the following statements: i) Its speed can reach up to 500 kilometres per hour. ii) The train was launched by China’s largest rail vehicle maker, CSR Corp. Ltd. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct 25. Scientists discovered a Way to Transform Ordinary Tissue into Heart Muscle Cells. Consider the following statements: i) It could pave the way for new therapeutic approaches for making a damaged heart to repair itself. ii) Scientists used a zebrafish system to develop a small and robust molecule, which can transform stem cells into beating heart muscle cells. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct.