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Current Affairs MCQ for UPSC Exams - 16 December 2014

National

Q.1

1. As India continues its pursuit of suspected black money stashed abroad, an international think-tank has ranked the country third globally with an estimated USD 94.76 billion (nearly Rs 6 lakh crore) illicit wealth outflows in 2012.
2. As a result, the cumulative illicit money moving out of the country over a ten-year period from 2003 to 2012 has risen to USD 439.59 billion (Rs 28 lakh crore), as per the latest estimates released by the Global Financial Integrity (GFI).

Which of the following statements is/are true-?

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

Persons in News

Q.2

1. Man Haron Monis is the name of the lone heavily-armed man of Iranian-origin who held 17 people hostage at a café in Sydney for around17 hours before being killed in the police attack.
2. He had tried to link himself with the ISIS with two hostages holding a black flag with Arabic script similar to the ISIS.

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. Jairam Ramesh was recently appointed as a member of United Nations Environment Programme’s (UNEP’s) advisory board.
2. The IETC, based in Osaka, Japan, was established with the mandate of providing support to developing countries in transition with environmentally-sound technologies.

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

1. Indian Oil Corporation (IOC) was ranked at the top place in the Fortune 500 list of Indian companies for 2014.
2. This year’s list, compiled by global business magazine Fortune’s Indian edition, said there has been a 9.5% annual growth in total revenues, while in terms of profit it is 4.5%.

Which of the following statements is/are true-?

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

Q. 5

1. Wholesale price inflation (WPI) in India hit the zero level in November 2014 as stated in data released by the Union Govt. This was mainly on account of a decline in prices of food, fuel and manufactured items. WPI was lower than this level in July 2009.
2. The inflation rate thus recorded during November 2014 was the lowest in about five-and-a-half years. The WPI-based inflation was at 1.77% in October 2014 and 7.52% in November 2013.