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Current Affairs MCQ for UPSC Exams – 21 May 2015

:: National ::

Q. 1

1. Hungarian writer Laszlo Krasznahorkai was presented the Man Booker International Prize for 2015.
2. The literary prize, worth £60,000 , is given to a living author of any nationality who has published fiction either in English or in French.

Which of the following statements is/are true-?

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

:: International ::

Q. 2

1. Islamic State jihadist fighters took control of the northern sector of the Syrian city of Palmyra, sparking renewed fears over its historic treasures.
2. It was the second time IS has overrun northern Palmyra, after it seized the same neighbourhoods but held them for less than 24 hours.

Which of the following statements is/are true-?

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

:: Business and Economy ::

Q. 3

1. The Securities and Exchange Board of India (SEBI) has dropped ‘25-20 rule’, which required a minimum of 25 investors and a cap of 20 per cent on investment by an individual, for funds from low-risk foreign investors.
2. As per the existing norms, a fund manager who is managing a domestic scheme, is allowed to manage an offshore fund, subject to three specific conditions. Otherwise, a separate fund manager is required to be appointed for managing an offshore fund.

Which of the following statements is/are true-?

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

:: Science and Technology ::

Q. 4

1. The 3.8-metre tall Astra is a radar homing missile and one of the smallest weapon systems developed by the DRDO.
2. DRDO scientists plan to conduct another trial to prove the long range capability of the missile.