Articles from General Knowledge Today

GK & Current Affairs: March 11, 2014

2014- 03- 11 13:03:10 GKToday
1. The proposed Good & Services Tax (GST) will subsume which among t he
f ollowing t axes?
1. Income Tax
2. Sales Tax
3. Excise Dut y
4. Value Added Tax
Choose t he correct opt ion:
[A]1 & 2
[B]2 & 3
[C]2, 3, & 4
[D]2 & 4
2, 3, & 4
Many cent ral and st at e t axes such as excise dut y, service t ax, value-added
t ax, sales t ax and luxury t ax will be subsumed under a GST. Income Tax is a
direct t ax, so it is not under GST.
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2. In recent t imes, t he t erm "Single Resolut ion Mechanism (SRM)" was making
news wit h respect t o __?
[A]IMF
[B]European Commission
[C]Federal Reserve (US)
[D]World Trade Organizat ion
European Commission
The proposed SRM will allow t he European Cent ral Bank t o direct ly supervise
banks wit hin t he Eurozone and ot her member st at es choosing t o join. This
mechanism will allow f or t roubled banks f rom sovereign nat ions t o receive
bailout f unds f rom t he cent ral bank t o alleviat e t he impact on one nat ion's
bank
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3. The Nat ional Opt ic Fibre Net work (NOFN) project is t o link t he opt ical f ibre
f or of f ering a 100 mbps broadband service t o which among t he f ollowing
levels?
[A]Dist rict
[B]Tehsil / Taluka
[C]Gram Panchayat
[D]Block
Gram Panchayat
The government is likely t o ext end t he deadline f or complet ion of it s Nat ional
Opt ic Fibre Net work (NOFN) project , meant t o connect 250,000 gram
Panchayat s wit h opt ical f ibre f or of f ering a 100 mbps broadband service.
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4. Recent ly, which among t he f ollowing commit t ees was making news wit h
respect t o it s sweeping recommendat ion on inf lation targeting?
[A]C Rangarajan Commit t ee
[B]Urjit Pat el Commit t ee
[C]Nachiket Mor Commit t ee
[D]Rakesh Mohan Commit t ee
Urjit Patel Committee
Commit t ee headed by RBI Deput y Governor Urjit Pat el, had been f ormed t o
st rengt hen Indias monet ary policy f ramework. It had recommended sweeping
changes such as f ormat ion of a monet ary policy commit t ee and inf lat ion
t arget ing. It suggest ed RBI primarily t arget f our per cent inf lat ion, wit h a
deviat ion of 200 basis point s. This recommendat ions has be reject ed by t he
government .
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5. The Pet rapole-Benapole border checkpoint cont rols t he f oreign t rade
bet ween India and ___?
[A]Pakist an
[B]Bangladesh
[C]Bhut an
[D]Nepal
Bangladesh
Pet rapole-Benapole border checkpoint is bet ween India and Bangladesh in
Nort h 24 Parganas dist rict of West Bengal. Out of t hem, Pet rapole is on Indian
side and Benapole is on Bangladesh side. Pet rapole is also t he largest land
cust oms st at ion in Asia.
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6. At present , which among t he f ollowing st at es in India leads in t ot al solar
power commissioned capacit y ?
[A]Gujarat
[B]Rajast han
[C]Madhya Pradesh
[D]Tamil Nadu
Gujarat
Gujarat is ahead wit h a solar power commissioned capacit y of 860.4 Mw.
Ot her st at es are also picking up. Rajast han has 666.75 Mw inst alled and
Madhya Pradesh is gaining ground at 195.315 Mw.
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7. What is t he current (2012-13 dat a) nat ional average f or inf ant mort alit y rat e
(IMR) in India per 1000 live birt hs?
[A]36
[B]42
[C]48
[D]52
42
The nat ional average f or inf ant mort alit y rat e is 42 deat hs, while t he
millennium development goal f or t his is 29.
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8. According t o t he Annual Healt h Survey (2012-13) released by t he Of f ice of
Regist rar General & Census Commissioner, which among t he f ollowing st at es
of India has highest IMR (Inf ant Mort alit y Rat e)?
[A]Madhya Pradesh
[B]Ut t ar Pradesh
[C]West Bengal
[D]Bihar
Uttar Pradesh
At 36 deat hs/1,000 live birt hs, Jharkhand recorded t he lowest inf ant mort alit y
rat e, while at 68, and UP had t he highest .
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9. What is t he name of t he apex decision-making body of t he Employees'
Provident Fund Organisat ion (EPFO)?
[A]Nat ional Provident Fund Aut horit y
[B]Employees' Provident Fund Board of India
[C]Cent ral Board of Trust ees
[D]Employees' Provident Fund Council
Central Board of Trustees
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10. The Purchasing Managers Index (PMI) is a vent ure of ___?
[A]HDFC
[B]HSBC
[C]ICICI
[D]EXIM Bank of India
HSBC
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