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Current Affairs MCQ for UPSC Exams - 28 September 2014

Business & Economy

Q. 1

1. CRR is the portion of deposits banks are required to maintain in the form of gold or government securities, before providing credit to customers.
2. SLR is the portion of total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank.
3. The repo rate is the rate at which the central bank lends money to banks.

Which of the following statements is/are true-?

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

National

Q.2

1. Prime Minister Narendra Modi on 27 September 2014 made his first address to the United Nations (UN) General Assembly. His speech was in Hindi. Mr. Modi becomes the 2nd Person to address the UN General Assembly in Hindi.

Who was the 1st?

a. Atal Bihari Vajpayee
b. Rajnath singh
c. Morarji desai
d. Indira Gandhi

Q. 3

Which railway station of India on 26 September 2014 became the first one to offer free Wi-Fi Internet access?

a. New Delhi
b. Kolkata
c. Bangalore
d. Chennai Central

Q. 4

1. Currently PIO cards, given to those who themselves, their parents or grandparents or their spouse, were one-time Indian citizens, allow for visa-free travel to and from India. However, a PIO card is only valid for 15 years.
2. On the other hand, the Overseas Citizenship of India (OCI) card given to only those who themselves or their parents were one time citizens, has lifelong visa-free travel and does not require the holder to register with any office regardless of the length of their stay.

Which of the following statements is/are true-?

A. Only 1
B. Only 2
C. Both 1 & 2
D. Neither 1 nor 2

Science & technology

Q. 5

1. Cloaking is the process by which an object becomes hidden from view, while everything else around the cloaked object appears undisturbed.
2. Scientists at the University of Rochester have discovered a way to hide large objects from sight using inexpensive and readily available lenses.