Current Affairs MCQ for UPSC Exams - 11 December 2014

National

Q.1

1. Union Govt. put out an official list of six radio cab services that have the requisite licenses to operate in the national capital Delhi.
2. These six radio cab services are Easy Cab, Mega Cab, Meru Cab, Chanson Cab, Yo Cab and Air Cab.

Which of the following statements is/are true-?

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

Q.2

1. The Lok Sabha passed the Payments and Settlement Systems (Amendment) Bill.
2. To bring India’s banking payment system in sync with international practices was the main objective of this bill.

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. 3

1. Cadila Healthcare Ltd launched in India the first biosimilar version of the anti-inflammatory medicine Adalimumab, the world’s top-selling drug, at a fifth of its U.S. price.
2. Adalimumab’s branded version is sold under the name ‘Humira’ by U.S. firm AbbVie Inc, and costs $1,000 for a vial in the United States.

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. The Competition Commission of India (CCI) during December 2014 approved the Sun Pharma-Ranbaxy merger with some conditions.
2. The merged entity will have to divest seven drug formulations in which its combined market share goes up to 95%, resulting in a monopoly.

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. Thailand ordered U.S. online taxi booking company Uber to cease operations, on the same day taxi apps were banned in Delhi.
2. Thailand’s Department of Land Transport said drivers picking up fare-paying passengers via Uber’s app were neither registered nor insured to drive commercial vehicles, and that Uber’s credit-card payment system did not comply with regulations.

Which of the following statements is/are true-?

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

Q. 6

1. Jet Airways joined hands with American Express to launch a first-of-its-kind airline co-branded corporate card for owners of small and medium enterprises (SMEs) and their employees.
2. The card is named ‘Jet Airways American Express Corporate Card’ and will help SMEs and their executives to drive substantial savings on business travel and associated expenses.

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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