Current Affairs MCQ for UPSC Exams - 31 December 2014

National

Q. 1

1. The Government eased the land-acquisition rules in sectors like power, housing and defence to kick-start stalled projects.
2. Restrictions on buying land, as per the law made by the last Congress government, are among barriers holding up projects worth almost $300 billion.

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. 2

1. The economy is expected to grow “much better” in 2015/16 as per the Finance Minister Arun Jaitley. It is for the first time after two successive years the economic growth will be over 5 percent.
2. The Indian economy grew by 5.3 percent in the September quarter from a year earlier, and is expected to grow 5.5 percent in the current financial year that ends on March 31.

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. The government will infuse Rs. 60 crore in IFCI Ltd. to make it a Government Company.
2. Industrial Finance Corporation of India was set up in 1948 as a Statutory Corporation under the Industrial Finance Corporation Act, 1948.

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. 4

1. The third flight-trial of Agni-V strategic missile, which was to take place any day between January 11 and 15, 2015 from Wheeler Island, off the Odisha coast, has been postponed.
2. The missile, which can carry a nuclear warhead weighing 1.5 tonnes, can reach targets more than 5,000 km away.