Current Affairs Quiz 8-14 July 2013

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| By Tanmay Shankar
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Tanmay Shankar
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Questions and Answers
  • 1. 

    The Government of India for the first time in Month of July 2013 has given its nod for recruitment and commissioning of women officers in _______________. a.    BSF, the Border Security Force b.    RAW c.    Indian Air Force d.    Indian Navy

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The Government of India gave its approval for the recruitment and commissioning of women officers in the Border Security Force (BSF) for the first time in July 2013. This decision marked a significant milestone in the inclusion of women in the country's security forces, allowing them to serve in one of the most prominent paramilitary organizations in India.

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  • 2. 

    The world’s 1st IVF baby was born using a new low cost "next-generation sequencing" IVF technique in US in June 2013. Name this low cost new technique. a.    DNA Sequencing Technique b.    Embryo Screening Technique c.    Next-Gen Sequencing Technique d.    None of These

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    The correct answer for this question is "Embryo Screening Technique". This is because the question asks for the name of the low-cost new technique used in the world's first IVF baby born in June 2013. The technique mentioned in the question is the "next-generation sequencing" IVF technique, which is a form of embryo screening. The other answer options, DNA Sequencing Technique and Next-Gen Sequencing Technique, do not specifically refer to the IVF technique mentioned in the question. Therefore, the correct answer is "Embryo Screening Technique".

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  • 3. 

    Scientists from NASA in July 2013 discovered a coloured planet that possibly rains glass and is orbiting a star 63 light-years away. What is the colour of this planet? a.    Red b.    Green c.    Blue d.    Pink

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The correct answer is "Blue". Scientists from NASA discovered a coloured planet that possibly rains glass and is orbiting a star 63 light-years away. The color of this planet is blue.

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  • 4. 

    The Union Government in July 2013 hiked the import duty on sugar to _________________ to restrain cheaper inflow of the sweetener into the country. The hike in import duty is meant to stabilise sugar prices which in turn help the millers to make cane payments, which at present is estimated at 9000 crore Rupees. a.    20 percent from the present 15 percent b.    10 per cent from the present 5 per cent c.    15 per cent from the present 10 per cent d.    10 per cent from the present 8 per cent

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The correct answer is option 3, 15 percent from the present 10 percent. The Union Government hiked the import duty on sugar to 15 percent in order to restrain cheaper inflow of sugar into the country. This increase in import duty is intended to stabilize sugar prices and help the millers make cane payments, which are estimated at 9000 crore Rupees.

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  • 5. 

    The Union Government on 10 July 2013 announced disbanding of the Rural Development Agency (DRDA). DRDA is a body that looks after __________________? a.    Implementation of anti-poverty programmes of Rural Development Ministry b.    Implementation of anti-poverty programmes of Urban Development Ministry c.    Implementation of development programmes of Home Development Ministry d.    Fine distribution of finances of states

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The correct answer is a. Implementation of anti-poverty programmes of Rural Development Ministry. The Rural Development Agency (DRDA) is responsible for implementing various anti-poverty programs initiated by the Rural Development Ministry. Disbanding the agency means that the government is either restructuring or transferring these responsibilities to another organization or department.

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  • 6. 

    The Criminal Law (Amendment Ordinance 2013) that has received Presidential assent has mentioned acid attack a specific offence, providing a maximum punishment of life sentence, under Sections __________of Indian Penal Code. a.    Sections 156 A and 156B b.    Sections 326A and 326B c.    Sections 201A and 202 B d.    Sections 300 A and 300 B

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    The correct answer is option 2, Sections 326A and 326B. This is because the Criminal Law (Amendment Ordinance 2013) specifically mentions acid attack as a specific offense and provides a maximum punishment of life sentence under these sections of the Indian Penal Code.

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  • 7. 

    Name the country that recently in July 2013 announced that India has Right to Pursue Exploration and Exploitation Work in South China Sea? a.    Japan b.    China c.    Vietnam d.    Bulgaria

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    Vietnam recently announced that India has the right to pursue exploration and exploitation work in the South China Sea.

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  • 8. 

    The Secretary General of United Nations, Ban-ki-moon on 11 July 2013 warned Myanmar to end Buddhist attacks on Minority Muslims. Minority Muslims in Myanmar are called________________? a.    Rohingyas b.    Hui people c.    Uyghurs d.    Dongxiang

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The correct answer is option a. Rohingyas. The Secretary General of the United Nations, Ban-ki-moon, warned Myanmar to end Buddhist attacks on minority Muslims. The term "Rohingyas" refers specifically to the minority Muslim population in Myanmar.

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  • 9. 

    10.    Match the following:           List I                            List II     A.    Article 30          1) Administration of Scheduled Areas and Tribal Areas. B.    Article 244       2) Right of minorities to establish and administer educational institutions C.    Article 353       3) Provisions as to financial emergency. D.    Article 360       4) Effect of Proclamation of Emergency         A    B    C    D a.    2    1    4    3 b.    1    2    3    4 c.    1    3    4    2     d.    1    2    4    3

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The correct answer is option 1 because it correctly matches the articles with their corresponding provisions. Article 30 is related to the right of minorities to establish and administer educational institutions, Article 244 is related to the administration of Scheduled Areas and Tribal Areas, Article 353 is related to provisions as to financial emergency, and Article 360 is related to the effect of Proclamation of Emergency.

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  • 10. 

    The Supreme Court passed a landmark Judgement that barred persons in Jail or Police Custody from contesting election for legislative bodies. On which date the Judgement was made by the Supreme Court a.    11 July 2013 b.    7 July 2013 c.    5 July 2013 d.    14 July 2013

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The correct answer is option 1, "11 July 2013". This is because the question states that the Supreme Court passed a landmark judgement that barred persons in jail or police custody from contesting elections for legislative bodies. Therefore, the judgement was made on 11 July 2013.

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  • 11. 

    The Supreme Court in its landmark Judgement barred Persons in Jail or Police Custody from contesting election for legislative bodies. The Supreme Court’s decision would help in bringing an end to the era of the under trial politicians, who contest elections from behind the bars. Name the sections of the Representation of People Act, 1951 (Acts of Parliament) that was considered by the Supreme Court to reach the decision? a.    Sections 4, 5 and 62(5) b.    Sections 5, 6 and 62(5) c.    Sections 6, 7 and 62(5) d.    Sections 4, 5 and 60 (5)

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The Supreme Court considered Sections 4, 5, and 62(5) of the Representation of People Act, 1951 to reach the decision. These sections likely contain provisions that restrict persons in jail or police custody from contesting elections for legislative bodies.

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  • 12. 

    The Union Cabinet on 11 July 2013 gave in-principle approval to withdraw the controversial Rent Act of 1958 and to replace it with a new law under which rent in New Delhi will be linked to inflation. The Rent Act of 1958 was required to be replaced by legislation in the year _____ but that was not notified even after enactment because of the huge controversy with tenants as they went angry over it. a.    in 2001 b.    in 2008 c.    in 1995 d.    in 1996

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The Rent Act of 1958 was required to be replaced by legislation in the year 1995 but that was not notified even after enactment because of the huge controversy with tenants as they went angry over it.

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  • 13. 

    The Union Cabinet of India on 11 July 2013 gave its approval to the proposal for setting up of a National Aviation University (NAU) in the name of Rajiv Gandhi National Aviation University in U.P. as a Central University. Name the district proposed for the establishment of the University? a.    Amethi b.    Lucknow c.    Agra d.    Rae Bareli

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The district proposed for the establishment of the Rajiv Gandhi National Aviation University in U.P. is Rae Bareli.

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  • 14. 

    Who won the 2012 Wimbledon Men’s Single Title? a)    Rafael Nadal b)    Roger Federer c)    Andy Murray d)    Novak Djokovic

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    In 2012, Roger Federer won the Wimbledon Men's Single Title.

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  • 15. 

    The Union Ministry of Finance on 9 July 2013 released its report on Direct Tax Collection of June Quarter of Financial Year (FY) 2013-14. As per the released report, the Gross Direct Tax Collection during the April-June quarter of FY 2013-14 increased by ___________ percent at 123993 crore rupees against 111183 crore rupees in the same period in FY 2012-13. a)    12 percent b)    9.6 percent c)    11.52 percent d)    10 percent

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The correct answer is option 3, 11.52 percent. The explanation for this is that the Gross Direct Tax Collection during the April-June quarter of FY 2013-14 increased by 11.52 percent compared to the same period in FY 2012-13. This means that the tax collection in the current financial year is 11.52 percent higher than the previous year.

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  • 16. 

    China’s former Minister Liu Zhijun on 7 July 2013 was given a suspended death sentence for corruption and abuse of power. What portfolio was Liu Zhijun held during his tenure as a Minister? a)    Railways b)    Transport c)    Home d)    Tourism

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    Liu Zhijun was held the portfolio of Railways during his tenure as a Minister.

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  • 17. 

    India and Iraq on 8 July 2013 signed a pact to enhance co-operation in energy security, bilateral trade & commerce, infrastructure and others. The agreement was signed between the Union Petroleum Minister Veerappa Moily and his counterpart from Iraq, Abdul Karim Luaibi at the end of the India-Iraq Joint Commission on technical co-operation in_______________. a.    Hyderabad b.    New Delhi c.    Baghdad d.    Karbala

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The correct answer is option c. Baghdad. The agreement between India and Iraq was signed in Baghdad, the capital city of Iraq.

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  • 18. 

    The Union Government of India and Government of Albania on 8 July 2013 signed an Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to the Taxes on Income and on Capital (DTAA). Which of the statements given below in relation to the agreement are true? I.    Business profits would be taxable in the source state if the activities of the enterprise constitute a Permanent Establishment (PE) in that state. It provides fixed place PE, building Site, Service and Agency PE as well as Construction and Installation of PE. II.    Para 2 of Article 9 of the agreement incorporates concerns related to Associated Enterprises and thus involves recourse to Mutual Agreement Procedures for relieving double taxation in cases that involves transfer pricing adjustments III.    The signed agreement makes Dividends, Interest and Royalties & Fees for Technical Services income taxable in both the countries, the country of source and residence. The withholding rates of taxation for dividend, interests and royalties & fees for technical services of 10 percent each will help in promoting investment, technology and technical services flow between the two nations. IV.    The Agreement also has the provisions for effective exchange of information between tax authorities of the two counties in line with latest international standard. It includes exchange of banking information and supplying of information without recourse to domestic interest. a.    Statement I and II are only true b.    Statement II and III are only true c.    Statement I, II and III are only True d.    All the four statements are true

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The given correct answer is option 4, which means that all four statements are true. The explanation for this is that statement I states that business profits would be taxable in the source state if there is a Permanent Establishment (PE) in that state, and it provides various types of PE. Statement II mentions that Article 9 of the agreement addresses concerns related to Associated Enterprises and involves Mutual Agreement Procedures for relieving double taxation. Statement III states that the agreement makes Dividends, Interest, and Royalties & Fees for Technical Services income taxable in both countries, with a withholding rate of 10% for each. Statement IV mentions that the agreement includes provisions for effective exchange of information between tax authorities, including banking information and information without recourse to domestic interest.

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  • 19. 

    Name the report that was released by the United Nations on 1 July 2013 that mentions the targets to be achieved by 2015. The report also seeks urgent address to several important challenges being faced by the world and its people was launched by UN Secretary-General Ban Ki-moon. a.    Millennium Development Goals (MDG) Report b.    Millennium Goals on Development (MGD) Report c.    Report on Development of the Millennium (RDM) d.    None of the above

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The report mentioned in the question is the Millennium Development Goals (MDG) Report, which was released by the United Nations on 1 July 2013. This report outlines the targets to be achieved by 2015 and highlights the urgent need to address various challenges faced by the world and its people. The report was launched by UN Secretary-General Ban Ki-moon.

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  • 20. 

    Name the person who was appointed as the new Deputy Special Representative for the United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) by UN Secretary-General Ban Ki-moon on 9 July 2013. a)    Babacar Gaye of Senegal b)    Haile Menkerios of South Africa c)    Rosine Sori-Coulibaly of Burkina Faso d)    Abdoulaye Bathily of Senegal

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    Abdoulaye Bathily of Senegal was appointed as the new Deputy Special Representative for the United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) by UN Secretary-General Ban Ki-moon on 9 July 2013.

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  • 21. 

    The Imperial Household Agency of Japan on 9 July 2013 announced that the Emperor Akihito and Empress Michiko of Japan will make their visit to India on 30 November to 6 December 2013. How many times did the Japanese royal couple Emperor Akihito and Empress Michiko have visited India in the history after taking over the thrown? a)    This will be their first visit to India b)    Three times c)    Twice d)    One time

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The question asks how many times the Japanese royal couple Emperor Akihito and Empress Michiko have visited India after taking over the throne. The given answer states that this will be their first visit to India.

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  • 22. 

    The Imperial Household Agency of Japan on 9 July 2013 announced that the Emperor Akihito and Empress Michiko of Japan will make their visit to India on 30 November to 6 December 2013. How many times did the Japanese royal couple Emperor Akihito and Empress Michiko have visited India in the history after taking over the thrown? a)    This will be their first visit to India b)    Three times c)    Twice d)    One time

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The correct answer is option c) Twice. The question states that the upcoming visit of Emperor Akihito and Empress Michiko to India in 2013 will be their visit to India after taking over the throne. Since it is mentioned that this is their second visit, it can be concluded that they have visited India once before.

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  • 23. 

    India and Tanzania on 9 July 2013 signed agreements on bilateral cooperation in different sectors that includes agriculture, health and education, mines and minerals. The agreements were signed at? a.    Kahama b.    Dar es Salaam c.    Dodoma d.    New Delhi

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    India and Tanzania signed agreements on bilateral cooperation in different sectors at Dar es Salaam.

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  • 24. 

    NASA’s Pluto-bound New Horizons Spacecraft in first week of July 2013 spotted the largest moon of Pluto that orbits at a distance of more than 19000 kilometer from the planet. Name this largest moon of Pluto. a.    Nix b.    Styx c.    Kerberos d.    Charon

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The correct answer is Charon. In the first week of July 2013, NASA's New Horizons spacecraft spotted the largest moon of Pluto, which is named Charon. Charon orbits at a distance of more than 19,000 kilometers from Pluto.

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  • 25. 

    The U.S. Navy on 10 July 2013 successfully landed a drone the size of a fighter jet aboard an aircraft carrier for the first time. Name the aircraft? a.    X-47B b.    X-48B c.    C-91C d.    G-72G

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The correct answer is option a, X-47B. This is because the question asks for the name of the aircraft that the U.S. Navy successfully landed on an aircraft carrier for the first time. The X-47B is a drone the size of a fighter jet, and it was the aircraft that achieved this milestone.

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  • 26. 

    China on 13 July 2013 cancelled the construction of a six billion dollar nuclear processing plant in ___________ province apparently due to public concerns over its safety. a.    Xinjiang b.    Liaoning c.    Shaanxi d.    Guangdong

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    China cancelled the construction of a six billion dollar nuclear processing plant in Guangdong province apparently due to public concerns over its safety.

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  • 27. 

    Who won the Men’s Singles Title of Wimbledon 2013? a.    Rafael Nadal b.    Roger Federer c.    Andy Murray d.    Novak Djokovic

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    Andy Murray won the Men's Singles Title of Wimbledon 2013.

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  • 28. 

    Name the Coach of Indian Men’s Hockey Team who was sacked by the Sports Authority of India following poor performance of the team? a.    MK Kaushik b.    Jude Felix c.    Adam Sinclair d.    Michael Nobbs

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    Michael Nobbs was the coach of the Indian Men's Hockey Team who was sacked by the Sports Authority of India following the poor performance of the team.

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  • 29. 

    Name the player who won silver medal in women's 50-metre Rifle 3 Position event at the ISSF World Cup in Granada, Spain on 9 July 2013. a.    Lajja Goswami b.    Anjali Bhagwat c.    Jason Turner d.    Peter Dolfen

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    Lajja Goswami won the silver medal in the women's 50-metre Rifle 3 Position event at the ISSF World Cup in Granada, Spain on 9 July 2013.

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  • 30. 

    Name the former Australian cricketer, who became the member of ICC Cricket Hall of Fame in July 2013. ICC made an announcement to induct him into the Cricket Hall of Fame on 11 July 2013 and was inducted in the list on 19 July 2013. a.    Fred Spofforth b.    Shane Warne c.    Ricky Pointing d.    Glenn McGrath

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    Shane Warne is the correct answer because he was inducted into the ICC Cricket Hall of Fame in July 2013. The ICC announced his induction on July 11, 2013, and he was officially inducted into the Hall of Fame on July 19, 2013.

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  • 31. 

    Who was the last British Player before Andy Murray to win Men’s Singles Title of Wimbledon and when the event occurred? a.    Fred Perry in 1936 b.    Tim Henman in 1937 c.    Jamie Murray in 1941 d.    John Lloyd in 1936

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    Fred Perry was the last British player before Andy Murray to win the Men's Singles Title of Wimbledon in 1936.

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  • 32. 

    Name the chess grandmaster who won the Commonwealth Chess Championship on 14 July 2013 a.    Farid Abbasov b.    Viswanathan Anand c.    Abhijeet Gupta d.    Sergey Fedorchuk

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
  • 33. 

    A report from the Israeli Embassy released in July 2013 stated that the trade between India and Israel grew during 2012-13. The trade between India and Israel went up from 5.15 billion in 2011-12 to______________. a.    6 Billion Dollars b.    5.65 Billion Dollars c.    7 Billion Dollars d.    6.5 Billion Dollars

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The report from the Israeli Embassy stated that the trade between India and Israel grew during 2012-13. Since the trade went up from 5.15 billion in 2011-12, the correct answer would be option 1, which states that the trade between India and Israel went up to 6 billion dollars.

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  • 34. 

    The Union Ministry of Railways on 8 July 2013 released a report on revenue earnings of Indian Railways from 1 April to 30 June 2013. As per the released report, the total approximate earnings of Indian Railways on originating basis registered an increase of __________ percent from 1 April to 30 June 2013 as compared to the same period of 2012. a.    9.35 percent b.    7 percent c.    11 percent d.    11.93 percent

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The correct answer is 11.93 percent. The report released by the Union Ministry of Railways states that the total approximate earnings of Indian Railways on originating basis increased by 11.93 percent from 1 April to 30 June 2013 compared to the same period in 2012.

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  • 35. 

    As per the survey conducted by ASSOCHAM in July 2013 the Proposed Investments by domestic and foreign entrepreneurs declined by a whopping 75 per cent in FY 2012-13. What is Proposed Investment? a.    Document prepared by the sponsor of a new investment project, or the management of an existing firm, for prospective investors and/or lenders b.    Proposal for fixed investment, as expenditure over a period of time c.    It is the increase in owner's equity resulting from something other than the day to day earnings from recurrent operations, and is not associated with investments or withdrawals. d.    Decisions on investment, which take time to mature, have to be based on the returns which that investment will make.

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
  • 36. 

    Prominent jewellery retailers and bullion traders across India on 10 July 2013 decided to suspend sale of gold coins and bars for a period of? a.    2 months b.    4 months c.    6 months d.    9 months

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    Prominent jewellery retailers and bullion traders across India decided to suspend the sale of gold coins and bars for a period of 6 months.

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  • 37. 

    The government on 12 July 2013 approved the Modified Industrial Infrastructure Upgradation Scheme (MIIUS) during 12th Plan period. What is the budget outlay made for the implementation of the scheme? a.    1110 crore b.    1030 crore c.    1000 crore d.    1500 crore

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The budget outlay made for the implementation of the Modified Industrial Infrastructure Upgradation Scheme (MIIUS) during the 12th Plan period is 1500 crore.

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  • 38. 

    With which company did Satyam on 15 July 2013 formally merged? a.    Tech Mahindra b.    Mahindra and Mahindra c.    Mahindra Shubhlabh d.    Mahindra Navistar

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    Satyam formally merged with Tech Mahindra on 15 July 2013.

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  • 39. 

    Which company decided to unveil the world's slimmest full HD LCD panel for smartphones? a.    Samsung b.    LG Display c.    Reliance d.    Sony

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    LG Display decided to unveil the world's slimmest full HD LCD panel for smartphones.

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  • 40. 

    State Bank of India, in month of July 2013 partnered with a non-banking finance company, UAE Exchange and Financial Services, to launch a card which will enable the holder to receive the remittance directly on the card. What is the name of this card? a.    Point of Sale (PoS) Card b.    Financial Services Card c.    State Bank of India Card d.    State Bank Xpress Money Card

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The correct answer is option 4, State Bank Xpress Money Card. This card was launched by State Bank of India in partnership with UAE Exchange and Financial Services in July 2013. It allows the holder to receive remittance directly on the card.

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  • 41. 

    Bhutan’s Election Commission on 14 July 2013 formally announced that the name of the party that won the National Assembly elections by having secured a majority of thirty two seats. Name the party? a.    Druk Phuensum Tshogpa b.    Bhutan Tiger Force c.    People’s Democratic Party d.    Bhutanese Movement Steering Committee

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    The correct answer is c. People's Democratic Party.

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  • 42. 

    LG Display on 11 July 2013 announced that it would unveil the world's slimmest Full HD LCD panel for smartphones. The panel has ________ specialty. Fill in the blank with an appropriate option. a.    LG Solution Display b.    HD LCD Slim c.    LG OGS (Display's One-Glass-Solution) d.    One-Glass-Solution Display

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    LG Display announced that it would unveil the world's slimmest Full HD LCD panel for smartphones with LG OGS (Display's One-Glass-Solution) specialty.

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  • 43. 

    State Bank Xpress Money Card has the limit of ________ Rupees. Fill in the blank with an appropriate option.   a.    100000 b.    50000 c.    20000 d.    200000

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    The State Bank Xpress Money Card has a limit of 50,000 Rupees.

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  • 44. 

    Who became the runner-up of the Men’s Singles Title of Wimbledon 2013? a.    Rafael Nadal b.    Roger Federer c.    Andy Murray d.    Novak Djokovic

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    Novak Djokovic became the runner-up of the Men's Singles Title of Wimbledon 2013.

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  • 45. 

    Name the forum established by United Nations General Assembly on 9 July 2013 to replace the United Nations Commission on Sustainable Development (UNCSD). a.    High-Level Political Forum (HLPF) b.    UN Forum on Sustainable Development c.    UN Economic and Social Forum d.    General Assembly Sustainable Development Forum

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    The correct answer is option 1, High-Level Political Forum (HLPF). The HLPF was established by the United Nations General Assembly on 9 July 2013 to replace the United Nations Commission on Sustainable Development (UNCSD). It serves as the main platform for reviewing and monitoring the implementation of the Sustainable Development Goals (SDGs) and provides political leadership, guidance, and recommendations on sustainable development.

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  • 46. 

    Europe in second week of July 2013 reached to a historic agreement to reform its ____________ Policy, which will help it in working towards the path of green economy. Fill in the blank with an appropriate option. a.    Fishing Stock b.    Common Fisheries c.    European Maritime d.    Worldwide Fisheries

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    B. Answer option 2
    Explanation
    In the second week of July 2013, Europe reached a historic agreement to reform its Common Fisheries Policy, which will help it in working towards the path of green economy. This agreement indicates that the correct answer is option 2.

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  • 47. 

    Mysterious bursts of which kind of waves was observed from the cosmological distances by the scientists on 7 July 2013? a.    Gamma Rays b.    Alpha Rays c.    Ultraviolet Rays d.    Radio Waves

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    D. Answer option 4
    Explanation
    The correct answer is d. Radio Waves. On 7 July 2013, scientists observed mysterious bursts of radio waves from cosmological distances. These bursts, known as Fast Radio Bursts (FRBs), are brief but intense pulses of radio waves that last only a few milliseconds. The origin and nature of FRBs are still not fully understood, but they are believed to come from distant galaxies billions of light-years away.

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  • 48. 

    The Koodankulam nuclear power plant in Tamil Nadu on 13 July 2013 went critical. Under which situation is a nuclear reactor said to be critical? a)    When a reactor’s neutron population remains steady from one generation to the next (creating as many new neutrons as are lost), the fission chain reaction is self-sustaining. b)    When the reactor’s neutron production exceeds losses, characterized by increasing power level. c)    When the reactor’s neutron production shows losses and decreasing power. d)    None of these situations

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    A. Answer option 1
    Explanation
    A nuclear reactor is said to be critical when its neutron population remains steady from one generation to the next, creating as many new neutrons as are lost. This indicates that the fission chain reaction is self-sustaining.

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  • 49. 

    When was Charon – the largest moon of Pluto first discovered by James Christy of the Naval Observatory? a.    1989 b.    1987 c.    1978 d.    1970

    • A.

      Answer option 1

    • B.

      Answer option 2

    • C.

      Answer option 3

    • D.

      Answer option 4

    Correct Answer
    C. Answer option 3
    Explanation
    In 1978, James Christy of the Naval Observatory first discovered Charon, the largest moon of Pluto.

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 19, 2013
    Quiz Created by
    Tanmay Shankar
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