(Current Affairs MCQ) Test Your Skills - 06 January 2014

NATIONAL

Q1.

i) Tata Steel procures 80 per cent of its iron ore requirements from Indian state of Odisha.
ii) The Supreme Court has directed the Centre to appoint a national regulator to oversee the implementation of forest policy, rejecting its contention that there was no need for such a body.

Which of the above statement/statements is/are true?

a) only i
b) only ii
c) both i and ii
d) neither i nor ii

INTERNATIONAL

Q2.

i) "Polar vortex” is the whirlpool of dense air located near the Earth's geographical poles.
ii) ISIS known as al-Qaeda in Iraq stands for Islamic State of Iraq and Syria.

Which of the above statement/statements is/are NOT true?

a) only i
b) only ii
c) both i and ii
d) neither i nor ii

ECONOMY

Q3.

i) The DIPP, which is under the Ministry of Commerce and Industry, is the nodal agency on FDI policy and it compiles all policies related to India’s FDI regime into a single document to make it simple and easy for investors to understand.
ii) Telecom firms need to pay annual charges to the Government for using spectrum and as license fee and these charges are calculated on the basis of their revenue.