Current Affairs MCQ for UPSC Exams - 10 December 2014

Current Affairs MCQ for UPSC Exams - 10 December 2014

National

Q.1

1. The Rajya Sabha Select Committee finalised its draft report on the Insurance Bill. The report will be tabled in the House.
2. The Bill seeks to raise foreign direct investment in insurance joint ventures from 26 to 49 per cent. The committee has given time for notes of dissent, if any, to be submitted.

Which of the following statements is/are true-?

a. Only 1
b. Only 2
c. Both 1 & 2
d. Neither 1 nor 2

Business & Economy

Q. 2

1. According to the recently released “Global Wealth Databook 2014” by Swiss banking entity Credit Suisse, Around 75% of India’s wealth is held by country’s 10% rich people.
2. This databook has come out with some staggering data on the wealth gap and disparity between the rich and the poor in India.

Which of the following statements is/are true-?

a. Only 1
b. Only 2
c. Both 1 & 2
d. Neither 1 nor 2

Q. 3

1. ICICI Bank announced hiking of ATM usage charges for its saving account holders from 1 January 2015.
2. ICICI Bank announced that from 1 January 2015 the number of free transactions in a month has been fixed at five using own ATMs, while it has been capped at three for other banks’ machines.

Which of the following statements is/are true-?

a. Only 1
b. Only 2
c. Both 1 & 2
d. Neither 1 nor 2

Q. 4

1. SpiceJet airline is presently going through rough weather and an emergency board meeting was to take important decisions pertaining to airline’s recapitalization and payment plans for vendors.
2. SpiceJet is the second largest budget airline in India and is operating its passenger services in all important sectors of the country.

Which of the following statements is/are true-?

a. Only 1
b. Only 2
c. Both 1 & 2
d. Neither 1 nor 2

International

Q. 5

1. US-based news and blogging platform Huffington Post launched its Indian edition. The India edition of Huffington Post thus becomes its 13th edition worldwide.
2. This edition has been launched in association with ‘The Times of India’ Media Company of India.

Which of the following statements is/are true-?

a. Only 1
b. Only 2
c. Both 1 & 2
d. Neither 1 nor 2

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