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January 2016 Current Affairs MCQ Capsule 1. Afghanistan has become ........rd member nation of the World Trade Organization. a) 161 b) 162 c)163 d) 164 Ans:c 2. Miss .................. beauty pageant was held for the first time since 1972. a) Iraq b) Iran c) UAE d) Syria Ans:a 3. Who among the following has become first-ever Kiwi batsman to top ICC Test rankings? a) Kevin Peterson b) Kane Williamson c) Kane Peterson d) Kevin Williamson Ans:b 4. Who among the following has won U-19 Singapore Squash Open? For More Current Affairs www.ibpsexamguru.in Page 1 a) Amar Singh b) Akshay Singh c) Abhay Singh d) Ajay Singh Ans:c 5. .................. has announced to adopt Chinese currency Yuan. a) Philippines b) Zimbabwe c) England d) South Africa Ans: b 6. CCEA has approved ..................-crore rupees scheme for integrated development and management of fisheries. a) 3000 b) 4000 c) 5000 d) 6000 Ans: a 7. CCEA has approved investment of ..................... crore rupees into ONGC Videsh a) 3000 b) 4000 c) 5000 d) 6000 For More Current Affairs www.ibpsexamguru.in Page 2 Ans: c 8. UN has launched 2016 as International Year of ............ a) Wheat b) Rice c) Pulses d) Millets Ans:c 9. Who has bagged top AIFF honours? a) Pyari Xaxa and Bala Devi b) Eugenson Lyngdoh and Pritam Kotal c) Pritam Kotal and Bala Devi d) Eugenson Lyngdoh and Bala Devi Ans:d 10. West Bengal Government has approved proposal for formation of ............ new districts. a) 5 b) 6 c) 7 d) 8 Ans: d 11..................... cricket captain Brendon McCullum has announced retirement recently. a) New Zealand b) Zimbabwe For More Current Affairs www.ibpsexamguru.in Page 3 c) England d) South Africa Ans: a 12. Bihar Chief Minister .................. has approved Patna Metro Rail project. a) Nitish Kumar b) Lalu Yadav c) Sushil Modi d) Tejasvi Pratap Ans: a 13. Union Cabinet approved ................ Metro Rail Project Phase-1A. a) Patna b) Lucknow c) Varansi d) Jabalpur Ans: b 14. .................. has become first Asian country to approve world's first-ever dengue vaccine. a) Philippines b) Zimbabwe c) England d) South Africa Ans: a 15. The International Cricket Council (ICC) has announced ................... as ICC Spirit of Cricket Award. a) Steven Smith For More Current Affairs www.ibpsexamguru.in Page 4 b) AB de Villiers c) Brendon McCullum d) R Ashwin Ans:d 16. Who was announced as Men’s World Champion by International Tennis Federation 2015 World Champion? a) Novak Djokovic b) Andy Murray c) Roger Federer d) Rafael Nadal Ans:a 17. Who was announced as Women’s World Champion by International Tennis Federation 2015 World Champion? a) Serena Williams b) Martina Hingis c) Sania Mirza d) Venus Williams Ans:a 18. PM Narendra Modi has formally inaugurated the All-India conference of Directors General of Police in .................. a) Gujarat b) West Bengal c) Maharashtra d) Andhra Pradesh Ans:a For More Current Affairs www.ibpsexamguru.in Page 5 19. ................... Government has approved proposal for formation of five new districts in the state. a) Gujarat b) West Bengal c) Maharashtra d) Andhra Pradesh Ans:b 20. India's biggest wildlife rescue centre was commissioned in ............... a) Nagpur b) Kanpur c) Kolkata d) Jabalpur Ans:a 21. Miss ................. Pia Alonzo Wurtzbach has been crowned Miss Universe 2015. a) Philippines b) Spain c) Russia d) Indonesia Ans:a 22. Miss ................. Mireia Lalaguna Royo has been crowned Miss World 2015. a) Philippines b) Spain c) Russia For More Current Affairs www.ibpsexamguru.in Page 6 d) Indonesia Ans:b 23. The International Cricket Council (ICC) has announced ................... as ICC Test Cricketer of the Year. a) Steven Smith b) AB de Villiers c) Brendon McCullum d) R Ashwin Ans:a 24. The International Cricket Council (ICC) has announced ................... as ICC Emerging Cricketer of the Year. a) Meg Lanning b) Khurram Khan c) Josh Hazlewood d) Faf du Plessis Ans:c 25. Who among the following was crowned as the champions of the second Indian Super League (ISL) Football tournament? a) Chennaiyin FC b) Munich River Plate c) FC Bayern d) FC Barcelona Ans:a 26. Who among the following has won 2015 FIFA Club World Cup? a) Chennaiyin FC For More Current Affairs www.ibpsexamguru.in Page 7 b) Munich River Plate c) FC Bayern d) FC Barcelona Ans:d 27. ............... Security Council has unanimously adopted resolution on Syria peace plan. a) US b) UKA c) Germany d) Russia Ans:a 28. The International Cricket Council (ICC) has announced ................... as Sir Garfield Sobers Trophy for ICC Cricketer of the Year. a) Steven Smith b) AB de Villiers c) Brendon McCullum d) R Ashwin Ans: a 29. .......................... has been appointed as CEO of FSSAI. a) Pawan Kumar Chaturvedi b) Pawan Kumar Singh c) Pawan Kumar Agarwal d) Pawan Kumar Verma Ans: c For More Current Affairs www.ibpsexamguru.in Page 8 30. FIFA’s Independent Ethics Committee has banned ........................ from football for 8 years. a) Sepp Blatter and Josh Hazlewood b) Josh Hazlewood and Michel Platini c) Meg Lanning and Michel Platini d) Sepp Blatter and Michel Platini Ans: d 1. Sand artist ............................. 's Santa Claus sculpture has been featured in Limca Book of Records. a) Sudarsan Pattnaik b) Sudarsan Rao c)Sudarsan Pawar d) Sudarsan Pali Ans:a 2. The World Health Organization has declared the end of Ebola virus transmission in ......................... a) Nigeria b) Sierra Leone c) Liberia d) Republic of Guinea Ans:d 3. Renowned science-fiction writer died recently. Name him. a) George Clayton Johnson b) George Clayton Nolan For More Current Affairs www.ibpsexamguru.in Page 9 c) William F. Nolan d) William F. Johnson Ans:a 4. Who among the following has got additional charge of CEO of NITI Aayog. a) Amitabh Kanwal b) Amitabh Kamal c) Amitabh Kant d) Amitabh Krishna Ans:c 5. Prime Minister Narendra Modi has inaugurated the new building of .............................. Parliament built by India. a) Iraq b) Iran c) UAE d) Bangladesh Ans:d 6. An Indian-origin software engineer named Nandagopal Lakshminarayanan has won a prestigious award in the .......... for creating an innovative electronic smart key system. a) US b) UK c) Germany d) Russia Ans:b 7. Who among the following has been facing the prospect of a four-year ban from cricket? For More Current Affairs www.ibpsexamguru.in Page 10 a) Kevin Peterson b) Kane Williamson c) Syed Kirmani d) Kusal Perera Ans:d 8. Direct-selling FMCG firm Amway India has announced Bollywood actor ....................... as its brand ambassador to promote Nutrilite range of the products. a) Farhan Akhtar b) Aishwarya Rai c) Priyanka Chopra d) Katrina Kaif Ans:a 9. ‘Make in India Week’ will start from Feb .............. a) 12 b) 13 c) 14 d) 15 Ans:b 10. Who among the following will be new CEO of Adani Ports and SEZ? a) Karan Adani b) Taran Adani c) Sharan Adani d) Kanan Adani Ans:a For More Current Affairs www.ibpsexamguru.in Page 11 11. .......................... has signed $12.65 billion deal with Russia for nuclear power plants. a) Iraq b) Iran c) UAE d) Bangladesh Ans:d 12. India and .................. has signed 16 pacts to deepen bilateral cooperation. a) US b) UK c) Germany d) Russia Ans:d 13. The World Bank has approved an additional financial assistance to ...................... of $35 million. a) Iraq b) Iran c) UAE d) Pakistan Ans:d 14. ..................... government allowed India to build its first Naval Base on the Assumption Island in the Indian Ocean region as a joint project. a) Ireland b) Iceland For More Current Affairs www.ibpsexamguru.in Page 12 c) Seychelles d) Germany Ans:c 15. Government of ........................ has signed a MoU with Microsoft India on technology initiatives. a) Karnataka b) West Bengal c) Maharashtra d) Andhra Pradesh Ans:d 16. Union Government has announced ............. new IT-based initiatives for citizen-centric health services. a) Three b) Four c) Five d) Six Ans:b 17. Who among the following has been Former Chief Justice of Karnataka and Kerala High Courts Justice V S Malimath died recently. a) Karnataka b) West Bengal c) Maharashtra d) Andhra Pradesh Ans:a For More Current Affairs www.ibpsexamguru.in Page 13 18. Indigenously developed Air-to-Air missile ................ was successfully test fired. a) Astra b) Shastra c) Lakhsya d) Vashta Ans:a 19. Good Governance Day was observed on .............. December across the country. a) 23 b) 24 c) 25 d) 26 Ans:c 20. Former Wicket-Keeper ........................ has been nominated for 2015 Col. CK Nayudu Lifetime Achievement Award. a) Kevin Peterson b) Kane Williamson c) Syed Kirmani d) Kusal Perera Ans:c 21. IT major .................... has launched first of its kind ‘Tap N Pay’ contactless digital payment wallet MoboMoney for the Indian masses. a) Wipro For More Current Affairs www.ibpsexamguru.in Page 14 b) Tech Mahindra c) Infosys d) Cognizant Ans:b 22. Veteran Bollywood actress ................... passed away. a) Wahida Rehman b) Saira Bano c) Sadhna d) Asha Parekh Ans:c 23. Indian Oil Corporation and Oil India Ltd have signed a memorandum of understanding with .................. national oil company Rosneft. a) Russian b) German c) Spanish d) British Ans:a 24. ...................... has finally launched 4G telecom service. a) Reliance Jio b) BSNL c) Uninor d) Tata Indecom Ans:a 25. RBI has released report of .................... Committee on Medium-term Path on Financial Inclusion. For More Current Affairs www.ibpsexamguru.in Page 15 a) Vijay Kelkar b) Amit Shah c) Deepak Mohanty d) Sanjeev Verma Ans:c 26. ......................... have bagged 'Export Quality Excellence' award for the 11th time in a row. a) CRI Pumps b) BRI Pumps c) YRI Pumps d) LRI Pumps Ans:a 27.
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    Croatia turns to Christmas tourism for economic39 cheer MONDAY, DECEMBER 21, 2015 pain’s Mireia Lalaguna Royo was named the winner of the Miss World 2015 competition in the south- Sern Chinese island resort of Sanya, an event dogged by controversy over China’s refusal to allow Canada’s entrant to attend. Sofia Nikitchuk of Russia was the runner-up and Indonesia’s Maria Harfanti took third place in the Saturday night final following a lengthy competition featuring 114 women. Each had won the right to represent their country in a series of local and regional competitions. Mireia Lalaguna Rozo Miss World Spain is crowned after winning the new title at the Miss World Grand Final in Sanya, in southern China’s Hainan province. Contestants from over 110 countries compete in the final of the 65th Miss World Competition. — AFP photos Newly crowned Miss World Mireia Lalaguna Royo from Spain, celebrates at the end of the 2015 Miss World Grand Final in Sanya in south China’s Hainan province. The victory marked the first-ever win for a Spanish contestant. “I think this is a good decision, because Miss World is not looking for our body, they are looking for a Catharina Choi Nunes, Miss Lu Yuan, Miss World China, World Brazil reacts after reacts after entering the semi- soul,” said Lalaguna, a 23-year-old model from Barcelona Valerie About Chacra, Miss World Lebanon reacts after entering the semi final. with a degree in pharmacology who plans to pursue a entering the semi final. final. master’s degree in nutrition.
  • Standing Committee Report on 115Th Constitution Amendment Bill

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    73 STANDING COMMITTEE ON FINANCE (2012-13) FIFTEENTH LOK SABHA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) THE CONSTITUTION (ONE HUNDRED FIFTEENTH AMENDMENT) BILL, 2011 SEVENTY THIRD REPORT LOK SABHA SECRETARIAT NEW DELHI August, 2013, Sravana, 1935 (Saka) 1 SEVENTY THIRD REPORT STANDING COMMITTEE ON FINANCE (2012-2013) (FIFTEENTH LOK SABHA) THE CONSTITUTION (ONE HUNDRED FIFTEENTH AMENDMENT) BILL, 2011 Presented to Lok Sabha on 7 August, 2013 Laid in Rajya Sabha on 7 August, 2013 LOK SABHA SECRETARIAT NEW DELHI August, 2013, Sravana, 1935 (Saka) 2 CONTENTS Page Nos. Composition of the Committee………………………………………. Introduction……………………………………………………………. REPORT PART -I I. GST Design 1 II. Salient features of the Bill 7 III. Impact of GST on : (a) Economy 11 (b) Prices 15 (c) Consumer prices – International experiences 17 (d) Producing States and Consuming States 18 (e) MSME and Employment Generation 19 PART-II IV. Issues relating to Amendment Bill 22 (a) Power to make laws with respect to Goods & Services Tax 22 (b) Integrated Goods and Services Tax (IGST) 24 (c) GST Council 26 (d) Goods & Services Tax Dispute Settlement Authority 32 (e) Declared Goods (Article 286) 35 (f) Goods and Services Tax (Article 366) 36 (g) Amendment of Sixth Schedule to the Constitution 40 (h) Amendment of Seventh Schedule to the Constitution 41 (i) Transitional Provision 44 V. Administration and IT Mechanism 45 VI. Compensation Mechanism 46 VII. GST Monitoring Cell 47 VIII. Alternative to GST Model 48 IX. Latest position of the Empowered Committee of State 50 Finance Ministers on the provisions of the Bill X. Consensus between Centre and States on GST Design and 53 CST Compensation Part-III Observations / Recommendations 55 3 APPENDICES I.