Current Affairs MCQ for UPSC Exams - 12 November 2014

National

Q.1

1. The Union Govt. decided to shift to a fixed budget subsidy for cooking gas and has hence frozen this subsidy at Rs. 20 per kg.
2. This will not mean any increase in price for the consumer right away.

Which of the following statement is/are true-?

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

International

Q. 2

'The Summit of 21-nation Asia-Pacific Economic Cooperation (APEC) was held during November 2014 at?

a. China
b. Japan
c. India
d. South Korea

Q. 3

1. The United States and Japan unveiled ambitious targets to reduce greenhouse gases, aiming to inject fresh momentum into the global fight against climate change ahead of a make-or-break treaty to be finalized next year.
2. President Barack Obama announced that the U.S. would move much faster in cutting pollution, with a goal to reduce by 26 per cent to 28 per cent by 2025.

Which of the following statement is/are true-?

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

Q. 4

1. The Islamic State (IS) terrorist organisation plans to introduce its own currency and bring back solid gold and silver coins.
2. The militants want to bring back the original dinar, which is a currency from the ancient Islamic era, and religious authorities in Iraq have apparently announced the currency’s return in mosques.
3. The original dinar was a gold coin, equal in weight to 4.3 gm of gold. Its silver counterpart, known as the dirham, was a silver coin whose weight was equivalent to 3 gm of silver.

Which of the following statement is/are true-?

a) Only 1
b) 2 & 3
c) 1 & 2
d) All of the above

Business & economy

Q. 5

1. Lumia 535 smartphone will become the first such device without the iconic Nokia brand name and would only have Microsoft name on it, as announced by the company.
2. Microsoft Corporation on 11 November 2014 unveiled the Lumia 535. This 5-inch Windows 8.1 phone would be launched later this month in some key markets.

Which of the following statement is/are true-?

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

Q. 6

1. The Reserve Bank of India (RBI) raised the minimum capital requirement for so-called shadow banks to Rs. 1 crore by March 2016 and Rs. 2 crore by end of March 2017.
2. This was done to avoid any potential risk to the economy from these rapidly growing finance firms by regulating them like traditional banks.

Which of the following statement is/are true-?

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

Science & technology

Q. 7

1. India’s first net zero energy building that has been constructed with adoption of solar passive design and energy-efficient building materials.
2. Indira Paryavaran Bhavan, a building under the Central Government, was organised by TERI and the Association for Development and Research of Sustainable Habitats. It was aimed at reinforcing the need for more such buildings across the country.