Daily Dose-18.10.2012

Q11) Consider the following sentence/sentences about Basel Accord.

1.First promulgated in 1988 by the Basel Committee on Banking Supervision (BCBS) under the aegis of the Bank of International Settlements.

2.The Basel accord established a set of minimum capital requirements that banks would be required to hold vis-à-vis the loans given out by them.

3.The Basel Accord stands on three pillars: minimum capital requirements, regulatory supervision and market discipline (in the form of disclosures being made to investors and other stakeholders).

The correct sentence/sentences is/are

(a) 1 and 2              (b) 1 and 3

(c) 2 and 3               (d) 1, 2 and 3

 

Q12) How many States and UTs have formulated Dowry Prohibition Rules, under the Dowry Prohibition Act, 1961, compatible with model rules circulated by Government of India.

(a)18       (b)19

(c)20        (d)21

 

Q13) Consider the following statements regarding SAARC university.

1.India is committed to bearing 100% of the capital cost towards the establishment of the University.

2.Objective of university is to provide liberal and humane education to the brightest and the most dedicated students of Asia so that a new class of quality leadership is nurtured.

3.At present, SAU (South Asian University) offers eight academic programmes.

Correct statement is /are

(a)1 and 2                     (b)2 and 3

(c)1 and 3                     (d)all above

Q14)  Consider the following statement regarding with Advance Pricing Agreement (APA) Scheme
1. With objective to reduce transfer pricing tax disputes central government announced the Advance Pricing Agreement (APA) rules which will allow companies to seek guidance on pricing of goods and services in advance.
2. An APA is an agreement between the Central Board of Direct Taxes (CBDT) and any person which determines in advance the arm's length price or specifies the manner of the determination of arm's length price (or both) in relation to an international transaction.
3. The APA scheme notifies two types of APA: unilateral and bilateral .
Correct statements are
(a) 1 and 2                         (b) 2 and 3
(c) 1 and 3                         (d) All above

Q15)  Consider the following statements with regards New mobile tower radiation norms
1. EMF (Electromagnetic Frequency) exposure limit (Base Station Emissions) has been lowered to 1/15th of the existing ICNIRP exposure level effective 1st Sept. 2012.
2. According to new standard On handsets all new designs of mobile handsets shall comply with the Specific Absorption Rate (SAR) values of 1.6 watt/kg averaged over 1 gram of human tissue from 1st Sept. 2012.

Correct statement is/are
(a) Only 1                  (b) Only 2
(c) Both 1 and 2        (d) None of above

Q16)  Consider the following statements regarding National Food Processing Development Council
1. A National Food Processing Development Council (NFPDC) has been set up under the chairmanship of the Prime minister .
2. The NMFP scheme would help the states/union territories in maintaining requisite synergy between agriculture plans of states and development of food processing sector which in turn would help increase farm productivity thereby boosting farmers' incomes.
3. During 2012-13 schemes such as technology up-gradation, modernization of food processing industries, cold chain, value addition and preservation infrastructure for non-horticultural products, among others, being implemented by the government directly.
Correct statement is/are
(a) 1 and 2               (b) 2 and 3
(c) 1 and 3                (d) All above

Q17)  Match the following
List –I                                                  List -II
A. Shri Deepak S. Parekh               1. Banking
B. Shri Gurcharan Das                    2. Author
C. Shri SPS Cheema                       3. Navy
Codes:-
A B C
(a) 1 2 3
(b) 1 3 2
(c) 3 2 1
(d) 2 3 1

Q18)  Consider the following statements
1. The Hunar Se Rozgar Tak (HSRT) initiative is being implemented through expert institutions including the Indian Institute of Tourism and Travel Management, Institutes of Hotel Management, Food Craft Institutes and India Tourism Development Corporation.
2. The economic activities which registered significant growth in First Quarter of 2012-13 over First Quarter of 2011-12 are 'construction' at 10.9 per cent financing, insurance, real estate and business services at 10.8 per cent and community, social and personal services at 7.9 per cent.
3. Since 2011, bilateral trade between India and ASEAN has increased by 43% to USD 79.8 billion and India is the sixth largest trading partner of ASEAN.
Correct statement is/are
(a) 1 and 2                                          (b) 1 and 3
(c) 2 and 3                                          (d) All above

Q19)  The Defence Research and Development Organisation (DRDO) has developed three Prithvi variants: Prithvi-I for the Army; Prithvi-II for the Indian Air Force; and what is the name of Prithvi variant for the Navy?
(a) Prithvi- III                      (b) Dhanush
(c) Trishul                           (d) Trishul- II

Q20)  The first-ever multi-planet solar system orbiting two suns has been spotted by astronomers at Nasa's Kepler mission. The system, known as a circumbinary planetary system, is 4,900 light-years from Earth in the constellation. What is the name of this constellation?
(a) Cancer Minor                                  (b) Cerberus
(c) Cygnus                                            (d) Custos Messium

 

 

11. C          12.B         13.C           14.A           15.B           16.B             17. A          18.D            19.B            20.C