Economy Current Affairs Quiz/Questions-Answers August 2011, August 22-August 28

Taking the Economy Current Affairs Quiz will test as well as enhance your knowledge on economy related issues. Moreover the Economy Current Affairs Quiz for August 2011 will help you in the preparation for different competitive examination like that of Bank PO, MBA, NABARD, RBI, Railway, SSC, Civil Services Exam etc.
1. 1.    A study titled Being five star in productivity — road map for excellence in Indian banking was released FICCI-IBA-BCG on 22 August 2011, the eve of IBA-FICCI annual banking conference. Which of the facts related to the report stated below are not true?
   2.    India’s gross domestic product (GDP) growth will make the Indian banking industry third largest in the world by 2025.
   3.    The report highlighted that banks have to strive for excellence on three dimensions: branch sales and service, new channels and lean operations
   4.    Indian banks deploy 62 per cent of staff in customer facing roles as against the benchmark of 82 per cent observed by BCG globally.
   5.    Indian banks, the report mentioned were to be doing well overall with industry cost-income ratio below 50 per cent.
   a.    1 & 3
   b.    Only 3
   c.    Only 2
   d.    3 & 4
Answer: (c)

2.  According to the data released by the Life Insurance Council on 22 August 2011, the life insurance industry witnessed a decline of what percent in its total premium collections for the quarter ended June 2011?
a.    3.8%
b.    4.2%
c.    6.1%
d.    5%
Answer:  (d)

3.  According to a study Private Cloud Landscape in India released by EMC Corporation and Zinnov Management Consulting, a management consulting firm in July 2011, what will be the value of the cloud market in India by 2015?
a.    $ 4.5 billion
b.    $6 billion
c.    $ 5.6 billion
d.    $ 9 billion
Answer: (a)

4.  Which of the following bodies estimated IT companies would continue to grow globally at 16-18 per cent in 2011-12 despite the economic crisis in the U.S. and European markets?
a.    FICCI
c.    CII
Answer: (b)

Food inflation rose to what percent for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items?
a.    9%
b.    9.3%
c.    9.80%
d.    10%
Answer: (c)

Sports Current Affairs Quiz have been drafted to test your knowledge about the recent sports events. Sports Current Affairs Quiz for August 2011 will help you increase your knowledge of the different sports events which are organised around the world. Taking the Sports current affairs Quiz, you will enhance your knowledge of sports and crack questions in the sports section of all competitive exams.
1.    Who won the ATP’s Cincinnati Masters title for the second time on 21 August 2011 after defeating World No. 1 Novak Djokovic 6-4, 3-0?
a.    Roger Federer
b.    Andy Murray
c.    Rafael Nadal
d.    Robin Soderling
Answer: (b)

2.     Name the Indian tennis dup who won the doubles title at the ATP’s Cincinnati Masters.
a.    Leander Paes and Mahesh Bhupathi
b.    Leander Paes and Somdev Devvarman
c.    Rohan Bopanna and Somdev Devvarman
d.    Mahesh Bhupathi and Rohan Bopanna
Answer: (a)

3.     Which Sri Lankan bowler became the first bowler to take three one-day international hat tricks as Sri Lanka registered a four-wicket consolation win against Australia in the fifth one-day international on 22 August 2011?
a.    Lasith Malinga
b.    Kumar Sangakkara
c.    Upul Tharanga
d.    Ajantha Mendis
Answer: (a)

4.     Which of the following Veteran Indian footballers who made his made his debut as a substitute in the 1995 Nehru Cup in Calcutta announced his retirement from international soccer on 24 August 2011?
a.    Basudeb Mondal
b.    Rennedy Singh
c.    Baichung Bhutia
d.    IM Vijayan
Answer: (c)

5.     Name the founder member of the Nehru Hockey Society who died on 23 August 2011.
a.    Shiv Kumar Verma
b.    Kukoo Walia
c.    Brig HJS Chimni
d.    Amrit Bose
Answer: (a)

Quizzes on the Current Affairs section are designed to cover the wide range of national issues, international events, and other information from different segments which are of general human interest. Taking the Current Affairs Quiz for August 2011  will update you on the latest incidents that the world is talking about. The quizzes on Current Affairs will equip you to take all competitive examinations as well.
1.  Which one of the following countries offered additional 10000 seats for Haj 2011 to India?
a) Saudi Arabia
b) Libya
c) Yemen
d) Iran
Answer: (a) Saudi Arabia

North Korea agreed to start international talks on denuclearization of the Korean peninsula. This was agreed during the visit of North Korean leader Kim Jong Ii to__.
a) Russia
b) China
c) UK
d) South Korea
Answer:  (a) Russia

3.    India, on 24 August 2011 signed (Double Taxation Avoidance Agreement) with which one of the following countries?
a) Georgia
b) Sri Lanka
c) Pakistan
d) UK
Answer: (a) Georgia

Study published by market research firm Gartner projected worldwide business process outsourcing (BPO) market to grow by what percent in the Asia-Pacific during the year 2011?
a.    17.9%
b.    15%
c.    11.12%
d.    6.3%
Answer: (a)

5.  Name the Indian photographer who was declared the ‘Grand Prix’ winner among 60,000 entries in the 33 year old Nikon Photo Contest International.
a.    Raghubir Singh
b.    Vikram Bawa
c.    Ayesha Soni
d.    Debarshi Duttagupta
AnsWer: (d)

Quizzes on the India Current Affairs section are designed to cover the wide range of national issues and other informations related to India from different segments which are of general human interest. Taking the India Current Affairs Quiz for August 2011 will update you on the latest incidents that occured in India. The quizzes on India Current Affairs will equip you to take all competitive examinations as well.
1.  1.    Noted historian and indologist RS Sharma died on 20 August 2011. Which of the facts related to him that is stated below is not true?
    2.    He was particularly known for his trenchant observations on institutions in ancient Indian society and his report on the Bihar-Bengal boundary dispute.
    3.    He was the founding chairman of the Indian Council of Historical Research (ICHR) in 1970.
    4.     He also served as President of the Indian History Congress in 1975
    5.    He was a recipient of the prestigious Jawaharlal Nehru Award in 1989 and was earlier awarded the Campbell Memorial Gold Medal by the Bombay Asiatic Society in 1987.
    a.    2 & 3
    b.    Only 1
    c.    Only 4
    d.    Only 2
Answer: (d)

2.  This veteran trade unionist and Communist Party of India-Marxist Politburo member who served the trade union movement as a Secretary of the AITUC in the 1960s and then as one of the key leaders of the CITU of which he became the General Secretary from 1990 to 1999 and then its President till 2010 died on 20 August 2011. Identify him.
a.    Madhukar Kashinath Pandhe
b.    K Varadarajan
c.    Mohd.Amin
d.    Manik Sarkar
Answer: (a)

3.  Which Former Indian No 2 snooker player who was India No.2 in snooker for three years from 1980 passed away on 20 August 2011.
a.    Ashok Shandilya
b.    Geet Sethi
c.    Michael Ferreira
d.    Sayed Habib
Answer: (d)

4.   In which one of the following states the Centre has launched an ambitious programme called Himayat?
a) Jammu and Kashmir
b) Haryana
c) Himachal Pradesh
d) Punjab
Answer:  (a) Jammu and Kashmir

5.   Which one of the following state governments sanctioned 95 thousand 599 posts of teachers?
a)  Madhya Pradesh
b) Haryana
c) Bihar
d) Punjab
Answer:  (a) Madhya Pradesh

6.   Jharkhand government on 23 August 2011 approved a draft of Right to Service Act 2011.  What is the capital of Jharkhand?
a) Ranchi
b) Patna
c) Bhagalpur
d) Dhanbad
Answer: (a) Ranchi

Science Current Affairs Quiz test the participant’s knowledge on latest discoveries, technological advancements made and in the process further enhances an individual’s knowledge base. The quizzes also cover the Environment-Ecology segment. Number of questions is asked from this segment in the competitive exams. Current Affairs Science quiz for August 2011  will help you in the preparation for NDA, CDS, Bank PO, MBA, NABARD, RBI, Railway, SSC, Civil Services and other Exams.
1.     The Scientists found the origin of El Tor in the Bay of Bengal. Consider the following statements on El Tor.
i)    El Tor is a highly virulent and deadly form of cholera strain.
ii)     It was first discovered in Bangladesh in 2006.
Choose the right option:
a)    Both i and ii are correct.
b)    Only i is correct.
c)    Only ii is correct.
d)    Neither i nor ii is correct.
Answer:  (a) Both i and ii are correct.

2.   Scientists discovered a cheap and effective way to prevent transmission of dengue fever. They infected mosquitoes with bacterium that blocks development of the dengue virus. Dengue fever is also known as___.
a) Breakbone Fever
b) Yellow Fever
c) Pyrexia
d) Hyperthermia
Answer:  (a) Breakbone Fever

3.   A group of researchers estimated that __ million species exist on Earth.
a) 8.7
b) 8.6
c) 8.3
d) 8.2
Answer:  (a) 8.7

4.   China Completed a Comprehensive Satellite Study of Brahmaputra and Indus Rivers. The study shows that Indus River is ____ long.
a) 3600 km
b) 3700 km
c) 3800
d) 3900
Answer: (a) 3600 km

5.   The Australian and British Geologists found evidence of the oldest known fossils of life on Earth. The sulfur-based microbes they discovered are ___billion years old.
a) 3.4
b) 2.4
c) 2.2
d) 1.2
Answer: (a) 3.4







Corporate Current Affairs Quiz/Questions-Answers August 2011, August 22-August 28

Taking the Corporate Current Affairs Quiz will test as well as enhance your knowledge of major corporate events. The corporate quiz for August 2011 will make you better prepared to face competitive examinations like that of Bank PO, NABARD, RBI, LIC, Civil Services, MBA etc.
1.    Which luxury car maker launched a new version of its sports utility vehicle Q5, priced at Rs 35.13 lakh on 23 August 2011?
a.    Audi India
b.    Opel
c.    Porsche
d.    Mercedes-Benz
Answer: (a)

2.     Which Indian auto-maker Tata Motors launched the new version of its premium hatchback, the Vista on 23 August 2011?
a.    Mahindra & Mahindra
b.    Tata Motors
c.    Maruti
d.    Bajaj Auto
Answer: (b)

3.     Silicon Valley legend Steve Jobs resigned as chief executive of Apple Inc on 24 August 2011. In which year was Apple founded?
a.    1970
b.    1973
c.    1975
d.    1976
Answer: (d)

Which pharmaceutical company entered into a definitive agreement to acquire Universal Medicare’s marketing and distribution business in India?
a.    Dr Reddy’s
b.    Aventis Pharma
c.    Cipla
d.    Ranbaxy
Answer: (b)

This provider of information technology consulting, and business process outsourcing services, was selected by the U.K. Financial Services Authority (FSA) to be a key supplier of solutions as part of its Strategic Outsourcing Framework Agreement (SOFA). Identify the company.
a.    Cognizant
b.    Infosys
c.    IBM
d.    Tech Mahindra
Answer: (a)

General Knowledge Quiz Questions with Answers

No. Question Answer
01 The first Prime minister of Bangladesh was Mujibur Rehman
02 The longest river in the world is the Nile
03 The longest highway in the world is the Trans-Canada
04 The longest highway in the world has a length of About 8000 km
05 The highest mountain in the world is the Everest
06 The country that accounts for nearly one third of the total teak production of the world is Myanmar
07 The biggest desert in the world is the Sahara desert
08 The largest coffee growing country in the world is Brazil
09 The country also known as “country of Copper” is Zambia
10 The name given to the border which separates Pakistan and Afghanistan is Durand line
11 The river Volga flows out into the Capsian sea
12 The coldest place on the earth is Verkoyansk in Siberia
13 The country which ranks second in terms of land area is Canada
14 The largest Island in the Mediterranean sea is Sicily
15 The river Jordan flows out into the Dead sea
16 The biggest delta in the world is the Sunderbans
17 The capital city that stands on the river Danube is Belgrade
18 The Japanese call their country as Nippon
19 The length of the English channel is 564 kilometres
20 The world’s oldest known city is Damascus
21 The city which is also known as the City of Canals is Venice
22 The country in which river Wangchu flows is Myanmar
23 The biggest island of the world is Greenland
24 The city which is the biggest centre for manufacture of automobiles in the world is Detroit, USA
25 The country which is the largest producer of manganese in the world is USA
26 The country which is the largest producer of rubber in the world is Malaysia
27 The country which is the largest producer of tin in the world is Malaysia
28 The river which carries maximum quantity of water into the sea is the Mississippi
29 The city which was once called the `Forbidden City’ was Peking
30 The country called the Land of Rising Sun is Japan
31 Mount Everest was named after Sir George Everest
32 The volcano Vesuvius is located in Italy
33 The country known as the Sugar Bowl of the world is Cuba
34 The length of the Suez Canal is 162.5 kilometers
35 The lowest point on earth is The coastal area of Dead sea
36 The Gurkhas are the original inhabitants of Nepal
37 The largest ocean of the world is the Pacific ocean
38 The largest bell in the world is the Tsar Kolkol at Kremlin, Moscow
39 The biggest stadium in the world is the Strahov Stadium, Prague
40 The world’s largest diamond producing country is South Africa
41 Australia was discovered by James Cook
42 The first Governor General of Pakistan is Mohammed Ali Jinnah
43 Dublin is situated at the mouth of river Liffey
44 The earlier name of New York city was New Amsterdam
45 The Eifel tower was built by Alexander Eiffel
46 The Red Cross was founded by Jean Henri Durant
47 The country which has the greatest population density is Monaco
48 The national flower of Britain is Rose
49 Niagara Falls was discovered by Louis Hennepin
50 The national flower of Italy is Lily
51 The national flower of China is Narcissus
52 The permanent secretariat of the SAARC is located at Kathmandu
53 The gateway to the Gulf of Iran is Strait of Hormuz
54 The first Industrial Revolution took place in England
55 World Environment Day is observed on 5th June
56 The first Republican President of America was Abraham Lincoln
57 The country famous for Samba dance is Brazil
58 The name of Alexander’s horse was Beucephalus
59 Singapore was founded by Sir Thomas Stamford Raffles
60 The famous British one-eyed Admiral was Nelson
61 The earlier name of Sri Lanka was Ceylon
62 The UNO was formed in the year 1945
63 UNO stands for United Nations Organization
64 The independence day of South Korea is celebrated on 15th August
65 `Last Judgement’ was the first painting of an Italian painter named Michelangelo
66 Paradise Regained was written by John Milton
67 The first President of Egypt was Mohammed Nequib
68 The first man to reach North Pole was Rear Peary
69 The most famous painting of Pablo Picasso was Guermica
70 The primary producer of newsprint in the world is Canada
71 The first explorer to reach the South Pole was Cap. Ronald Amundson
72 The person who is called the father of modern Italy is G.Garibaldi
73 World literacy day is celebrated on 8th September
74 The founder of modern Germany is Bismarck
75 The country known as the land of the midnight sun is Norway
76 The place known as the Roof of the world is Tibet
77 The founder of the Chinese Republic was San Yat Sen
78 The first Pakistani to receive the Nobel Prize was Abdul Salam
79 The first woman Prime Minister of Britain was Margaret Thatcher
80 The first Secretary General of the UNO was Trygve Lie
81 The sculptor of the statue of Liberty was Frederick Auguste Bartholdi
82 The port of Banku is situated in Azerbaijan
83 John F Kennedy was assassinated by Lee Harry Oswald
84 The largest river in France is Lore
85 The Queen of England who married her brother-in-law was Catherine of Aragon
86 The first negro to be awarded the Nobel Peace Prize was Ralph Johnson Bunche
87 The first British University to admit women for degree courses was London University
88 The principal export of Jamaica is Sugar
89 New York is popularly known as the city of Skyscrapers
90 Madagascar is popularly known as the Island of Cloves
91 The country known as the Land of White Elephant is Thailand
92 The country known as the Land of Morning Calm is Korea
93 The country known as the Land of Thunderbolts is Bhutan
94 The highest waterfalls in the world is the Salto Angel Falls, Venezuela
95 The largest library in the world is the United States Library of Congress, Washington DC

Current GK

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Festival In Bihar

Ram Navami
Vasant Panchami
Nag Panchami
Bohag Bihu
Makar Sankranti
Chhath Puja
Raksha Bandhan
Holi-The Festival Of Color
Mahavir Jayanthi – All Over India

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Parliament of India

The Parliament of India (or Sansad Bhawan) is the supreme bicameral legislative body of the federal government of the Republic of India. It consists of the office of President of India and two Chambers, the House of People, known as the Lok Sabha and the Council of States, known as the Rajya Sabha. The Members of either house are commonly referred to as Member of Parliament or MP. The MPs of Lok Sabha are elected by direct election and the MPs of Rajya Sabha are elected by the members of the State Legislative Assemblies in accordance with proportional voting.

Of the 545 members of the House of People, 530 members represent the territorial Constituencies in the States and the remaining represent the Union territories, chosen in such manner as Parliament may by law provide. These members serve a five-year term until the next General Election are held. House seats are apportioned among the states by population in such a manner that the ratio between that number and the population of the State is, so far as practicable, the same for all States.

The 250 Members of the Council of States serve a staggered six-year term. 12 of these members are nominated by the President and shall consist of persons having special knowledge or practical experience in respect of such matters as the following, namely literature, science, art and social service. The 238 members are representatives of the States shall be elected by the elected members of the Legislative Assembly of the State in accordance with the system of proportional representation by means of the single transferable vote. Every two years, approximately one-third of the Council is elected at a time.

Part V of the Constitution vests all legislative power in the Parliament that consists of the President of Republic of India and both the Chambers. The House and the Council are equal partners in the legislative process (legislation cannot be enacted without the consent of both chambers); however, the Constitution grants the House of Commons some unique powers. Revenue-raising or “Money” bills must originate in the House of Commons. The Council of States can only make recommendations suggestions over these bills to the House, within a period of fourteen days – lapse of which the bill is assumed to have been passed by both the Chambers. But it is only up to the House to either approve these amendments or may reject it.

Any bill can become an act only after it is passed by both the houses of the Parliament and assented by the President. The Central Hall of the Parliament is used for combined sittings of the lower and upper houses and is of historical significance.

The Parliament meets in the Sansad Bhawan on Sansad Marg in New Delhi.