We posted 7 questions in 10 PM Daily Quiz on 23rd May, 2016. Thanks for the amazing response. These questions will help you polish concepts based on current affairs. In case you have not attempted them, please attempt them by clicking below.
Q.1) Consider the following:
- Vesak Poya festival is celebrated to mark three important events in the life of Buddha — birth, enlightenment and death.
- The Mahabodhi temple, one of the oldest brick structures in eastern India, was declared a World Heritage Site by the UNESCO in June 2002.
- Mahabodhi temple was built by Emperor Asoka in the 3rd century BC.
Select the correct statement using the codes given below:
a) 1 and 2
b) 2 and 3
c) 1 and 3
d) 1, 2 and 3
Answer d
Explanation: Click here
Q.2) Consider the statements:
- Trade deficit is an economic measure of a negative balance of trade in which a country’s imports exceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets.
- Recently remittances to India from the GCC (Gulf Cooperation Council) has reduced.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer b
Explanation: Click here
Q.3) Consider the statements regarding INS Vikramaditya:
- INS Vikramaditya, Aircraft carrier was taken from United States.
- INS Viraat is a Centaur-class aircraft carrier.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer b
Explanation:-
INS Vikramaditya, Aircraft carrier was taken from Russia.
Q.4) Consider the following statements regarding DEEP (Discovery of Efficient Electricity Price)
- It is en e-bidding portal for procurement of long term power by DISCOMs.
- The Government has made it mandatory for all procurer(s) to procure short term power by using this e-Bidding portal.
Select the correct answer using the codes given below:
a) 1 only
b) 2 only
c) Both are correct
d) Neither is correct
Answer-b
Explanation:- DEEP
- Government has launched DEEP (Discovery of Efficient Electricity Price) e-Bidding & e-Reverse Auction portal for procurement of short term power by DISCOMs.
- The web portal will ensure seamless flow of power from seller to buyer. It will be a very strong weapon to curb illegal transactions and will help in price reduction through competition.
- The short term procurement could be for a period of more than one day up to one year. Currently out of total generation of around 91671.33MUs, above 10% (9215.24MUs) is transacted through short term through bilateral and through power exchanges etc.
- The Government has made it mandatory for all procurer(s) to procure short term power by using this e-Bidding portal.
- Power Procurement from Power Exchange shall be excluded from the scope of these guidelines This would introduce uniformity and transparency in power procurement by the DISCOMs and at the same time promote competition in electricity sector.
- The scope of this portal shall be further expanded soon to cover medium term and long term procurement of power.
- This e-Reverse auction process for competitive procurement is expected to result in overall reduction of cost of procurement of power thereby significantly benefiting the ultimate consumers.
- This will also provide a common e-bidding platform with e-Reverse Auction facility, provide nation-wide power procurement to a wider network including the stakeholders in power sector, to bring uniformity in the process of power procurement.
Q.5) Farzad B gas field was in news recently, it lies in which of the following country?
a) Qatar
b) Afghanistan
c) Iran
d) Iraq
Answer-c
Explanation:- The Farzad B gas field is an Iranian natural gas field that was discovered in 2012. It began production in 2013 and produces natural gas and condensates.
Q.6)State Bank of India has decided to merge 5 associate banks with it. Which of the following banks are included in it?
- State Bank of Travancore
- State Bank of Patiala.
- State Bank of Indore
Select the correct answer using the codes given below:
a) 1 and 2 only
b) 1 and 3 only
c) 2 and 3 only
d) 1, 2 and 3
Answer-a
Explanation:-
The five associate banks are State Bank of Travancore , State Bank of Hyderabad, State Bank of Mysore , State Bank of Bikaner and Jaipur and State Bank of Patiala. State Bank of Indore was merged in 2010.
Q.7) India is dealt with in the US politico-military system by the Pacific Command, headquartered in:
a) Florida
b) Georgia
c) Texas
d) Hawaii
Answer-d
Explanation:-
India is dealt with in the US politico-military system by the Pacific Command, headquartered in Hawaii, and whose responsibilities extend up to Diego Garcia.
The Central Command, headquartered in Florida, “looks after” the Persian Gulf, Central Asia, Afghanistan and Pakistan.
Leave a Reply