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Current Affairs MCQ for UPSC Exams - 29 November 2014

National

Q.1

1. Ministry of Railways has decided to allow public private partnership (PPP) in computerized passenger reservation, as stated by it in the Rajya Sabha.
2. Yatri Ticket Suvidha Kendra (YTSK) would be the name of the proposed computerized Passenger Reservation System (PRS)-cum Unreserved Ticketing System (UTS) terminals that would be opened under this scheme.

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

The erstwhile political party of Tamil Nadu – the Tamil Maanila Congress (TMC), was re-launched by former Union Minister G.K. Vasan who had earlier deserted the Congress party. Who established this party initially in 1996?

a) Jayalalitha
b) G.K. Moopanar
c) G. M. Chidambaram
d) T. M. Moopanar

Q. 3

1. Of the 7.64 crore bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) so far, 5.74 crore have no deposits.
2. A total of Rs. 6,015 crore is held in the remaining 1.9 crore accounts. Thus, the average deposit in each of these is Rs. 3165.78.

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. In a surprise move the Reserve Bank of India (RBI) scrapped the gold import curb scheme, popularly known as the 70:30 Scheme.
2. This scheme required trading companies to export 20% of gold imported. The scheme was imposed by RBI in August 2013.

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. The rate of GDP growth is 5.3% for second quarter of 2014-15 (July-September 2014) as announced.
2. Lower growth during second quarter was attributed due to a slump in country’s manufacturing sector.

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. The market capitalization of all listed companies on the Bombay Stock Exchange (BSE) hit Rs. 100 trillion landmark figure.
2. BSE is the oldest stock exchange in Asia.