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Current Affairs QUIZ: JAN 31, 2014

Current Affairs QUIZ: JAN 31, 2014

1. Which Indian states police commissioner resigned form the Indian police service on 30th January 2013?
[A] Mumbai
[B] Delhi
[C] Rajasthan
[D] Assam

2. Which among the following company’s executive vice-chairman gives IISc Rs. 225 crore?
[A] Wipro
[B] Reliance Industries
[C] Bharti Airtel
[D] Infosys

3. Name the Jamaat-e-islami chief and India’s most wanted militants who sentenced to death by a Bangladeshi court on Thursday?
[A] Khalid Mohammed
[B] Matiur Rahman Nizami
[C] Imran Raza
[D] Umar Akmal

4. At least 24 killed and many injured in a serial bombing in ministry building in-
[A] Libya
[B] Uganda
[C] Iraq
[D] Russia

5. Who among the following likely to appoint as the fourth deputy governor of the Reserve Bank of India?
[A] Anand Sharma
[B] G Gopalakrishna
[C] K C Chakrabarty
[D] R Gandhi

6. Which Indian states chief minister faces 4-month criminal trial over income tax returns?
[A] Tamil Nadu
[B] Uttarakhand
[C] Himachal Pradesh
[D] Uttar Pradesh

7. Which among the following company’s quarter 3 net rises to 7.5% to Rs 525 crore?
[A] India Yamaha Motor Private Limited
[B] Bajaj Auto Limited
[C] Hero MotoCorp
[D] Honda Motor Company Limited

8. Which country overtakes Japan as the world’s third-biggest crude oil importer in 2013?
[A] South Africa
[B] India
[C] New Zealand
[D] Sri Lanka

9. Who among the following become the first women umpire in ICC Panel?
[A] Kathy Cross
[B] Ellyse Perry
[C] Sarah Taylor
[D] Katherine Brunt

10. Which telecom company gets new Rs 3,000 crore tax demand in an alleged transfer-pricing case from 2010-11?
[A] Idea Cellular
[B] Reliance
[C] Airtel
[D] Vodafone

11) The Cabinet Committee on Political Affairs (CCPA) on 30 January 2014 raised the subsidised LPG cylinder quota from 9 to 12 per year per household. It also decided to put on hold the direct benefit transfer scheme for LPG which linked payment of subsidy directly into the bank accounts of the consumers under the Aadhaar platform. After increase in the cap on subsidized LPG cylinders what percentage of LPG cylinders are now covered by subsidisd cylinders?

12) With Union government’s decision of increasing the cap on subsidised domestic LPG cylinders from 9 to 12, the subsidy burden on petroleum companies increased substantially (by around Rs. 5,000 crore annually). This decision also affected government’s target of reducing fiscal deficit. When the cap on subsidised domestic LPG cylinders was brought down to just 6, which was later increased to 9?

13) India Post (Indian postal department) recently announced an ambitious plan to install as many as 3,000 ATMs and 1.35 lakh micro-ATMs at its post offices across the country for savings account holders. This plan would be rolled-out by installing three ATMs in New Delhi, Chennai and Bangalore on 5 February 2014 and then ramp it up gradually. What is the tentative deadline given by India Post for installing these 3,000 ATMs and 1.35 lakh micro-ATMs?

14) International creditors on 29 January 2014 started the third bailout review of Cyprus to gauge whether the country is living up to the terms of its financial rescue program. The start of country’s third bailout review comes after earlier assessments concluded that the country was on track, but warned that there was no room to slacken efforts. What was the amount of bailout package approved by the European Union (EU) and International Monetary Fund (IMF) for Cyprus during March 2013?

15) Google Inc. on 29 January 2014 announced selling Motorola’s smartphone business (Motorola Mobility) to Chinese company Lenovo for $2.9 billion. The price of the sale makes Google’s biggest acquisition of Motorola look like its most expensive mistake. For what price Google acquired Motorola Mobility in 2012?

16. Which day was observed across the world on 3 December 2013?
[A] International Day of Women
[B] International Day of Animals
[C] International Day of People with Disability
[D] International Peace Day

17. On 3rd Dec 2013, Apple has acquired which social media search and analytics start-up in $ 200 million, a business that specialises in analysing social media including Twitter to provide insights into sentiment on a variety of topics?
[A] Topsy
[B] Gypsy
[C] Analytsy
[D] Lyticsy

18. Who has won the ICC People’s Choice Award for the year 2013 on 3rd December 2013?
[A] Sachin Tendulkar
[B] Virat Kohli
[C] M S Dhoni
[D] Shikhar Dhawan

19. The Supreme Court on Tuesday, 3rd Dec 2013, set a deadline for all states and Union Territories to frame rules to regulate sale of acid and notify them accordingly. What is the deadline?
[A] 31 December 2013
[B] 31 January 2014
[C] 28 February 2014
[D] 31 March 2014

20. Graft watchdog Transparency International released the report of its corruption survey on Tuesday, 3rd Dec 2013. The survey was based on the index that ranks countries on a scale of 0 (highly corrupt) to 100 (very clean) based on how corrupt their public sector is perceived to be. No country got 100, while two-thirds scored below 50. India scored 36 points on this index and is ranked _____ in 2013 Corruption Perceptions Index, which covered 177 countries.
[A] 77
[B] 80
[C] 83
[D] 94


1. Mumbai
Mumbai Police Commissioner Satya Pal Singh has resigned from the Indian Police Service or IPS and is said to be prepping to contest the general elections due by May.

2. Infosys
Infosys executive vice-chairman Kris Gopalakrishnan has set aside Rs 225 crore to develop a Centre for Brain Research at the Indian Institute of Science in Bangalore. It’s also one of the single-largest donations the 105-year-old institute has received from an individual.

3. Matiur Rahman Nizami
A Bangladesh court has sentenced Motiur Rahman Nizami chief of the Jamaat-e-Islami party and 13 others to death over a huge 2004 arms smuggling racket, prompting fears of new political unrest.

4. Iraq
Six suicide bombers burst into an Iraqi ministry building, took hostages and killed at least 24 people including themselves on Thursday before security forces regained control, security officials said.

5. R Gandhi
The government is likely to appoint R Gandhi as the fourth deputy governor of the Reserve Bank of India, filling up the vacancy created by Anand Sinha’s retirement.

6. Tamil Nadu
The Supreme Court has ordered prosecution of Tamil Nadu chief minister J Jayalalitha for not filing income tax (IT) returns between 1991 and 1994 for the company which she co-owned at the time.

7. Hero MotoCorp
India’s largest two-wheeler maker, Hero MotoCorp, on Thursday reported a 7.5 per cent rise in net profit at Rs 525 crore for the December quarter even as tax benefits on one of its factories ended partially. Net profit in the year-ago period was Rs 488 crore.
8. India
India has overtaken Japan as the world’s third-biggest crude oil importer in 2013, data showed on Thursday. India imported 3.86 million barrels-per-day of crude oil last year, tanker arrival data compiled by Reuters from trade sources showed on Thursday.
9. Kathy Cross
New Zealand umpire Kathy Cross has become the first woman to be named in an “ICC umpires panel” she was added to the ICC Associate and Affiliate panel of umpires for 2014.

10. Vodafone
British telecom major Vodafone got interim relief on Thursday from a new transfer-pricing tax demand, with the high court here staying a Rs 3,000-crore order from the income tax department.

11. Around 97% (Petroleum and Natural Gas Minister Veerappa Moily disclosed that 89.2% of the 15 crore LPG consumers use up to nine cylinders in a year and only 10% have to buy the additional requirement at the market price. After the quota is raised to 12, about 97% of the LPG consumers would be covered by subsidised LPG)

12. In September 2012 (Govt. had reduced the cap on subsidised domestic LPG cylinders to just 6 with an objective to reduce its subsidy load and reduce fiscal deficit. However due to severe criticism from several quarters this cap was increased to 9 during January 2013. Now the cap has been increased further to 12)

13. September 2015 (Under this plan, 1,000 ATMs with the India Post branding will be put in within the first year, which will be ramped up massively to 3,000 in the next 18 months. To start with, the ATMs can be used only by 26 crore savings account-holders who save with the postal department but India Post hopes that within six months of the launch, it will get the interoperability permission from the Reserve Bank of India (RBI). Postal savings are worth around Rs 6.05 trillion, which is half the savings in the largest lender SBI and more than double that of the largest private sector lender ICICI Bank)

14. 10 billion Euro or $13.6 billion (Cyprus’ banking sector is the hardest hit with this bail-out package. The deal saw authorities seize large portions of uninsured savings in the two largest banks and impose capital controls while the second-largest lender was shut down)

15.  $12.4 billion (Motorola has lost nearly $2 billion since Google took over, while trimming its workforce from 20,000 to 3,800. Google had previously recovered some of the money that it spent on Motorola by selling the company’s set-top operations last year to Arris Group Inc. for $2.35 billion. On the other hand Lenovo now appears determined to become a bigger player in smartphones as more people rely on them instead of laptop and desktop computers to go online)

16. [C] International Day of People with Disability

17. [A] Topsy

18. [C] M S Dhoni

19. [D] 31 March 2014

20. [D] 94


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