Current Affairs MCQ for UPSC Exams - 13 November 2014

National

Q.1

1. Chennai will host Global Investors' Meet (GIM) in May 2015.
2. The Tamil Nadu Government announced that the GIM would be held during May 23-24 next year in Chennai to showcase the ample endowments and boundless potential of the State.

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

1. The 9th East Asia Summit started on 12 November 2014 with heads of 18 countries participating in it.
2. This summit is being held in Nay Pyi Taw (capital of Myanmar).

Which of the following statement is/are true-?

e) Only 1
f) Only 2
g) Both 1 & 2
h) Neither 1 nor 2

Q. 3

1. The United States and India unveiled ambitious targets to reduce greenhouse gases. Both countries agreed to reduce emissions on the occasion of bilateral talks held on the sidelines of the 9th East Asia Summit held at Myanmar.
2. US President Barack Obama announced that his country would move much faster in cutting pollution, with a goal to reduce by 26% to 28% by 2025, compared with 2005 levels.

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. 4

What was the consumer inflation for October 2014, which is the slowest pace of price rise since retail inflation numbers were first published in January 2012?

a. 5.52%
b. 6.42%
c. 3.32%
d. 2.51%

Q. 5

1. British, American and Swiss regulators slapped fines totalling $3.4 billion (Rs.20, 900 crore) on five banks after a global regulatory probe found them guilty of rigging the foreign exchange market.
2. Five banks, including HSBC, Citibank, JP Morgan Chase, the Royal Bank of Scotland and UBS, have been fined £1.1 billion ($1.7 billion) by Britain’s market regulator, the Financial Conduct Authority for failings over foreign exchange operations.