current affairs questions

1. What is the approximate yearly operating budget of Wikipedia? $20 million
2. Which company produces the Blackberry product line? RIM(Research In Motion)
3. What is the full form of IRDA? Insurance Regulatory And Development Authority
4. IOC(Indian Oil Corporation) recently bagged a project in a competitive bidding to set up a 5.5mw solar project. Which place is it set up ? Barmer ,Rajasthan
5. What is the amount of loan(In Rs.) that was being provided by public sector banks to the 2G spectrum licencees? Rs.10000 Cr.
6. What is the amount( In Rs.) that the govt. of India is set to invest in the shipping sector by 2020 to increase the capacity of ports? Rs.5 lakh Cr.
7. Which country is considered as the world’s most corrupt major economy? Russia
8. Which steel company is set to sell shares worth $800 million (57 million new shares) by end of Jan 2011 ? Tata Steel
9. Which is India’s top engineering and construction firm? Larsen and Toubro
10. What is India’s rank in Corruption Perception Index in 2010(In 2006 it was 70)? 87
11. What is the worth( in billions) of the Cairn-Vedanta deal in which Anil Agarwal has proposed to buy out majority stakes of Cairn Plc’s in Cairn India? $9.6 billion
12. What is India’s rank in the the “world’s riskiest locations for business to invest in”? 26
13. Who is the current minister for petroleum and natural gas in India? Murli Deora
14. What is the % stake that the govt. of India owns in ONGC? 74%
15. What is the full form of POIF? Post Office Life Insurance Fund
16. 60% stake in Hungry Zone is acquired by which company?
a. Ans: Just Eat
17. How much money has been raised by PNC infra through PE route?
a. Ans: Rs 150 Cr
18. What is acronym of NAFED?
a. Ans: National Agricultural Co Operative Marketing Federation
19. What is NCCF?
a. Ans: National Co Operative Consumers Federation of India Limited
20. Who is the CEO of Infosys?
a. Ans: S Gopalkrishnan
21. Who is the Director of “The Edrington Group”?
a. Ans: Paramjit Singh
22. What percentage of total equity is owned by IL & FS Group in Mehtas Property?
a. Ans: 80%
23. Who is the Director of Deloitte?
a. Ans: Nidhi Goel
24. With which company Starbucks is planning to enter India?
a. Ans: Tata Group
25. Which Coffee giant is planning to enter India?
a. Ans: Starbucks
26. Which two companies hold 20% stake in PVR pictures?
a. Ans: ICICI venture and JP Morgan Mauritius holding
27. Rhiti sports inks joint venture with which company?
a. Ans: Endemol
28. In the 5th edition of vibrant Gujarat what is the proposed investment?
a. Ans: Rs 20.83 lakh
29. Just eat, an international online take away ordering service is of which country?
a. Ans: UK
30. What is the acronym of DproP?
a. Ans: Defense Production Policy
31. The two companies owned by Anil Ambani, which are penalised by SEBI? : Reliance Natural Resources and Reliance Infrastructures
32. The environment ministry has ordered for demolition of Adarsh Housing co. Society building in South Mumbai for the failure in? : obtaining coastal regulation zone tolerance
33. The banks that were conferred with SKOCH Award 2011? Indian bank, BOB and Central Bank
34. The board that is in-charge of Sabarimala pilgrimage? : Travancore Devaswom Board, TDB
35. India’s first two largest consumer products companies? : HUL and Godrej
36. GE, General Electric’s first research facility outside US was set up in which city? : Bangalore
37. The Arab world’s second largest telecom company by market value, that entered Indian market in 2008? : ETISALAT
38. CCEA stands for? : Cabinet Committee on Economic Affairs
39. The World’s largest semiconductor maker? Intel
40. The rival of Intel, AMD stands for? Advanced Micro Devices
41. International mid-scale hospitality chain that plans to setup more than 60 hotels in India over next three years? Choice Hotels
42. The % of commission to be paid by customers to the bank under rules for mobile banking? 2%
43. The two low-cost airlines operating in India are? IndiGo and SpiceJet
44. Bajaj’s low cost car to be marketed by Renault_Nissan alliance? Bajaj ULC, Ultra Low-Cost Car
45. Biggest mobile game Angry Bird was designed by? Rovio Mobile Co.
46. Name the regulatory body of Indian Capital market.
a. Ans. SEBI
47. At present, FDI allowed in India, in “Single brand retail” is
a. Ans. 51 percent
48. At present, FDI allowed in India, in “wholesale cash-and-carry” is
a. Ans. 100 percent
49. Which country recently joined Euro zone as its 17th member?
a. Ans. Estonia
50. One basis point is defined as
a. Ans. 1/100th of the percentage point.
51. Gurgaon based low-cost airline ‘Indigo’ has ordered _______ airbus A320 from EADS
a. Ans. 180
52. Government has asked all “retirement funds” to compulsorily trade in
a. Ans. Debt instrument on exchange.
53. Mobile number portability starts on
a. Ans. 20th January, 2011
54. Asia’s biggest wholesale fruit and vegetable market
a. Ans. Azadpur(in Delhi)
55. Basel accord refers to
a. Ans. Banking supervision accords.
56. “Focus: Lac” is a program initiated to boost trade and investment between
a. Ans. India and Peru.
57. ‘Company of the year’ award in Economic times corporate excellence award in 2010 goes to
a. Ans. L&T
58. In newly proposed Direct tax code, the highest rate of individual income yax has been put at___
a. Ans. 30 percent.
59. Maximum investment limit for retail investor in any public issue as per the rule of SEBI
a. Ans. 1 Lakh
60. Which Indian private company is the biggest employer?
a. Ans. TCS.
61. In which country was the first computer virus written?
a. Ans: Pakistan
62. We all know that now we can change our operator without changing our number.What are the 3 things that we will lose if we switch?
a. Ans: balance on pre paid cards,will have to change handsets in cdma-to-gsm shift or vice-versa and next number change cannot be done before 90 days.
63. A huge number of people died in Sabarimala stampede.Where is Sabarimala located?
a. Ans: kerala
64. SBI’s 3 day home loan event in Bangalore started on 21st January.what is this event known as?
a. Ans: SBI Utsav
65. Who leads the National Advisory Council(NAC) ? Ans: Sonia Gandhi
66. Diamond jewellery giant De Beers Group launched a high-end brand of diamonds.What is it known as?
a. Ans: Forevermark
67. Tata Global Beverages will launch its non-carbonated cold drinks in Andhra Pradesh this summer.Name it.
a. Ans: Tion.
68. Who is the chairman of Indian Oil corp?
a. Ans: B M Bansal
69. Who is the secretary general of Opec?
a. Ans: Abdalla Salem El-Badri
70. What does ONGC stand for?
a. Ans: Oil and Natural Gas Corp’s
71. Who is the president of china?
a. Ans: Hu Jintao.
72. China authorised its companies to buy how many airplanes from Boeing?
a. Ans: 200
73. How much is Prestige going to invest in kitchenware?
a. Ans: Rs.250 crore
74. Coke drops prices selectively in which place?
a. Ans: Delhi,UP
75. Who is the Head(Private Brands) of Future Group?
a. Ans: Devendra Chawla.
76. What is ALM?
77. Asset Liability Management.(ALM) as the term suggests it is about managing and balancing the risks arising out of a bank’s assets- loans and liabilities- depositis.
78. Who is the governor of RBI? (Duvvuri Subbarao)
79. What is an FPO? (follow-on public offer)
80. KOTAK Realty Funds Group, the real estate private equity arm of Kotak Mahindra group, has picked up an undisclosed stake in a Bangalore based luxury developer. Name the developer? (Total Environment Building Systems)
81. Who is the CEO of Apple Inc.? (Steve Jobs)
82. Who is the COO of Apple Inc.? (Tim Cook)
83. What is SEC? (Securities Exchange Commission)
84. How much is crude oil per barrel? As per 3rd week of Jan’11. (USD 92)
85. What is FMC? (Forward Markets Commission)
86. Expand FICCI? (Federation of Indian Chambers of Commerce and Industry)
87. Expand ADB? (ASIAN Development Bank)
88. Who is the Indian Union Minister of Petroleum and Natural Gas? (Murli Deora)
89. Expand CAG? (Comptroller and Auditor General of India)
90. Which IT firm is set to recruit 25000 employees in 2011? (Cognizant)
91. Which company will invest in an iGate holding company which may later be used as an intermediate vehicle to facilitate a merger between iGate and Patni? (Apax Partners)
92. Which company was asked to pay a tax of Rs 400 Cr on onshore work?
a. Ans: Infosys
93. Who is the chairman of HDFC Bank?
a. Ans: Deepak Parekh
94. Who owns the highest number of shares in TATA Group of Companies?
a. Ans: Shapoorji Pallonji
95. L&T is divided into how many group of companies?
a. Ans: 9
96. Indigo has placed an order with airbus. How big is the deal?
a. Ans: $15 Billion
97. UID project is called ________?
a. Ans: Adhaar
98. Amitabh Bachan parted with which company?
a. Ans: IIFA
99. Which is the largest IT company in India?
a. Ans: TCS
100. At what price per share is iGate acquiring Patni computers?
a. Ans: Rs 503.5
101. Who is backing up iGate to acquire Patni Systems?
a. Ans: Apax
102. Who is the Chairman of Vedanta Group?
a. Ans: Anil Agarwal
103. Who is the chairman of HUL?
a. Ans: Ashok Ganguly
104. Who is the CFO of Infosys?
a. Ans: V Balakrishnan
105. Asian Development Bank has lent $90 million to which power Sector?
a. Ans: Assam Power Sector
106. World Bank arm International Finance Corporation (IFC) has pledged $3oo million for the development of renewable energy to which country?
a. Ans: India
107. What is Tutor Vista known for?
a. Ans-Tutor Vista is a Bangalore based online education firm.
108. Who has acquired large shares in Tutor Vista? And what is the percentage of those share?
a. Ans-The company is a UK based company, and the name of the company is Pearson. It has acquired 76% in it.
109. Which is the venture capital firm that had initially founded Tutor Vista?
a. Ans-It is sequoia Capital India that had invested over $ 10 million in the firm.
110. Name the capital market’s regulator?
a. Ans-C.B. Bhave
111. Which is the year Muhammad Yunus received Noble Prize? And for what?
a. Ans-2006, it is for micro finance.
112. What are the allegations faced by Anil Verma in Britain?
a. Ans-Anil Verma is the minister (economic) at the high commission in London since August 17, 2009 and is the third senior- most diplomat in Britain after the high commissioner and the deputy high commissioner. Verma, the ex- personal secretary to former foreign minister Pranab Mukherjee, was quizzed last month by the Scotland Yard for allegedly assaulting his wife.
113. Briefly explain why the position of P J Thomas as the CVC of India is unjustified?
a. Ans-Chief vigilance commissioner P J Thomas faces the awkward prospect of facing trial in a corruption case, with the Supreme Court on Tuesday clearing the way for the start of proceedings against him for he is an accused in the palmolein import case that involved corruption and brought a loss to the exchequer.
114. The tragedy in Sabarimala?
a. Ans-Hundreds of thousands of people had gathered at the hilltop shrine of Sabarimala Friday evening to mark the end of a two-month religious festival. But the night ended in tragedy when a bus carrying pilgrims lost control, crushing some people and leading to panic and a stampede that killed 102 people. Indeed, it seems the bus crashed in an area that was completely dark. In 2009, 52 pilgrims "were killed in an almost identical stampede."
115. What is the kind of alliance that Coca Cola is trying to build with the music channel MTV?
a. Ans-Beverage maker coca cola India is in talks with music channel MTV to launch its music property Coke Studio in India. Coke studio is a music property that brings together different artistes on the same platform and is popular mainly in Pakistan.
116. Explain the concept of Indigo catches up with Kingfisher to become joint second?
a. Ans-Just a month after beating Air India (Domestic) to reach the number three slot, fast-growing low cost carrier Indigo moved up the ladder to occupy joint second position along with Kingfisher among domestic carriers in December. From a market share of 16.2 per cent in September, it jumped to 18.6 per cent in December, while the market share of the other three top carriers - Jet Airways, Kingfisher and AI - declined
117. Ex plain the concept of Pearson acquiring majority of India's Tutor Vista ?
a. Ans- Pearson acquired a majority stake in an Indian education company in a $127 million (£79 million) deal. The education giant has increased its shareholding in Bangalore-based
b. Tutor Vista to 76%. Pearson said the acquisition supported its goal of building "significant education companies in selected fast-growing markets.
118. What is the Vodafone objects to essar reverse listing of holding company?
a. Ans-Vodafone has objected to Essar's plans to merge the holding firm ETHPL, having 11 per cent stake in Vodafone-Essar, with India Securities Limited, a listed firm of Essar Group, saying this could distort the valuation of the joint venture.
119. What is Bajaj’s rural drive ?
Ans-Bajaj Auto is going at full throttle to challenge market leader Hero Honda in rural and semi-urban markets that account for more than half of two-wheelers
Sold in the country. The country’s second largest two-wheeler maker has appointed 135 dealers in small towns and mini metros, where it had only 25 dealers, and will offer special finance scheme for rural customers even if they have no bank account.
120. What is Lavasa controversy?
Ans-Environment minister Jairam Ramesh, in a hurry to revive environmental regulations in the country, is learning quickly that the Lavasa project is a difficult beast to handle. Two days after his ministry issued a show cause notice to the developers of the hill city, terming all construction work unauthorised, Sharad Pawar, the powerful NCP chief, came out in support of the project on Tuesday. On its part, Lavasa Corporation launched a full-throated campaign against Ramesh by issuing a strongly-worded statement and also filing a writ petition seeking a stay on the notice
121. Briefly explain the reshuffling of the cabinet post Raja’s 2G scam?
Ans-Two vacancies which were caused by the exit of former telecom minister A Raja and Shashi Tharoor is likely to be filled with kapil Sibal, who was given additional charge of the Telecom Ministry after Raja’s resignation, taking it up fully and relinquish the HRD Ministry which may go to Law Minister Veerappa Moily. Major portfolios like Finance, Home, Defence and External Affairs may not be disturbed in the proposed exercise which is mainly aimed at filling up the vacancies.
122. What is the new version of symbian operating system?
a. Symbian^3
123. The world’s biggest manufacturer of electronic components
a. Foxconn, China
124. MGNREGA stands for
a. Mahatma Gandhi National Rural Employment Guarantee Act
125. What is MGNREGA Act?
a. A work is entitled to Rs 100 per day for minimum of 100 days per year.
126. What is Hedge Fund?
a. A hedge fund is a lightly regulated investment fund that is typically open to a limited range of investors who pay a performance fee to the fund's investment manager.
127. What is CACA ratio?
a. The CASA (current and savings account) ratio is the ratio of deposits in the current and savings accounts of a bank to its total deposits.
128. What is office yoga software?
a. This application provides quick and easy ways calm down stress during our day at office desk with office yoga exercises.
129. Cricket T20 fever software
a. With this game we can play in a variety of modes including tournaments, ODIs,T20 matches and the exciting powerplay style match.
130. The company that shows highest growth rate after recession
a. TCS
131. Chief executive of city group
a. Vikram Pandit
132. SUUTI stands for
a. Specified Undertaking of the Unit Trust of India
133. LIC chairman
a. T.S Vijayan
134. CMD of Union Bank Of India
M.V Nair
135. Highest number of suicides in india due to Micro Finance Institutions(MFI) is
Puducherry -47.2 per lakh of population.
136. 15. Who is the chairman of CBDT(Central Board of Direct Tax)?
Sudheer Chandra
137. All profit MFI regulated by RBI should be clubbed under a new category called NBFC-MFI.
138. There is a Margin cap of 10% for loan portfolios above Rs.100 crore.
139. There is a Margin cap of 12% for loan portfolios below Rs.100 crore.
140. Central bank allows banks to classify restructured loans as standard assets even if they are not secured.
141. HCL reported a profit of Rs. 399.70 crore and clocked revenues of Rs.3888.4 crore during the quarter ending December 2010.
142. NASDAQ- listed iGate purchased the Indian IT firm Patni computers, its net income surged to 51.8 million US Dollar.
143. For Bajaj auto the net quarter profits for December 2010 jumps to Rs.667 crore and sales grew 28%.
144. Hindustan zinc Dec quarter net profit rose to Rs.1290 crore And revenue surged 17% to Rs.2601 crore.
145. $250 billion iGate bid for $700 million Patni computers which has 15000 employees.
146. Bank loans to MFI should continue to be treated as priority sector loans but with a higher capital adequacy ratio of 15%.
147. The global revenues of the IT major Accenture is $24 billlion.
148. Bajaj auto holds a 27% share in the 2 wheeler marketwhereas Hero Honda holds a 54% share in the 2 wheeler market.
149. Bank loans to MFI is estimated around Rs.21000crore by the MFI sector.
150. Currently for Bajaj auto the exports account for 29% of their revenues.
151. During the Dec quarter the HZL metal cost without royalty increased 5% to Rs.35500 per tone due to higher raw material cost.
152. Who is the governor of RBI?
a. Ans : D Subbarao
153. Who is the deputy governor of RBI?
a. Ans: KC Chakrabarty
154. When is the RBI going to announce its monetary policy?
a. Ans: 25th Jan
155. India is planning to set its Income-Tax office in which country?
a. Ans: UAE
156. Which Indian bank has entered into an agreement with automobile manufacturer Bajaj Auto to finance three-wheelers,offering the prospective borrower about 85%
a. Ans: Indian Bank
157. Who is the chairman of the Prime Ministers’s Economic Advisory Council?
a. Ans: C Rangarajan
158. HCL Infosystems sells ISP arm to which company?
a. Ans: Tikona Digital.
159. The largest manufacturer of carbon black according to the Standards and Poors report. CABOT
160. The minister of water resources and minority affairs. Salman Khursheed
161. The largest company by market capitalization in India. RIL
162. Which Indian company partnered with Vodafone for its Indian operations. ESSAR TELECOM with 11% stake
163. Expand FIPB – FOREIGN INVESTMENT PROMOTION BOARD
a. OMSS – OPEN MARKET SALES SCHEME
164. CEO of CITIGROUP- VIKRAM PANDIT
165. IDFC Mutual , Peerless, Axis MF , Reliance MF and UTI Mutual Fund are planning asset allocation funds which focus on various life goals. What are they called. GOAL SERIES FUNDS
166. Examples of goal series funds. CHILDRENS FUND , MARRIAGE FUNDS.
167. BIOCON has entered into a liscencing deal granting which Pharma company the marketing right to its biosimilar insulin products. PFIZER
168. The inter regulatory mechanism recently created to analyse the stability of financial architecture. FSDC- FINANCIAL STABILITY AND DEVELOPMENT COUNCIL
169. The RBI created which committee to determine solutions for problems faced by the microfinance institution. MALEGAM
170. The CEO OF WIPRO – T.K KURIEN
171. The estimated amount of black money drained from the country. 20 lakh crore rupees
172. The recently concluded VIBRANT GUJARAT SUMMIT attained investment commitments to the tune of - 20.83 lakh crore rupees
173. ICICI AND AXIS BANK , 2 private sector majors have signed up for a service tool called the “ HUNTER”. WHAT IS IT FOR . To weed out fraudulent loan applications.