Daily General Knowledge Quiz 288

Which leading Dutch financial services group departed the insurance business in India by selling off 26 percent stake to the Exide Industries, its joint venture partner?
(a) ING
(b) Bupa health Insurance
(c) Oriental Insurance
(d) Bajaj Allianz

Answer: (a) ING

Barack Obama on 20 January 2013 sworn in as the President of United States for the second term. Which of the following statements in relation to the swearing ceremony true?
i. Even though the swearing-in of Obama was kept on low-profile, but this was creation of history because Barack Obama became the first mixed-race president who was elected for second consecutive term.
ii. Barack Obama is the third consecutive President to win two terms, after Bush and Clinton. This had happened two centuries ago earlier when Thomas Jefferson, James Madison, and James Monroe were elected for two terms each between the time periods of 1801 to 1825.
iii. The brief oath-taking ceremony was held to meet the constitutional deadline, i.e., 20 January, under which term of both President as well as the VicePresident finishes at the noon.
iv. The formality of repeating this ceremony will publically take place on 21 January 2013 because public institutions and the courts which record as well as endorse swearing-in officially because Obama did a mistake while swearing in for the second term in his first attempt.

(a) Statement i, ii and iii are true
(b) Statement i, ii and iv are true
(c) Statement ii, iii and iv are true
(d) All the four statements are true

Answer: (a) Statement i, ii and iii are true

The War Crimes Tribunal of Bangladesh constituted for conducting trials against those, who committed atrocities during a war on 21 January 2013 pronounced its first verdict and ordered death sentence against Maulana Abul Kalam Azad, the Jamaat-e-Islami leader. The accused was sentenced with the punishment for his involvement in which war/crime?
(a) During the Bangladesh Liberation War 1971
(b) Its partition from British India
(c) During the Bangladesh Liberation War 1979
(d) Chittagong Hills Civil Clash

Answer: (a) During the Bangladesh Liberation War 1971

International Monetary Fund (IMF) in its update to World Economic Outlook (WEO) on 23 January 2013, projected that the global economic growth rate would be _______ in 2013.
(a) 2.9 percent
(b) 4 percent
(c) 3.5 percent
(d) 4.2 percent

Answer: (c) 3.5 percent

Which of the following statements in relation to the update of International Monetary Fund to World Economic Forum true?
i. To tackle the rising domestic imbalances, the developing nations and emerging economies need to make fine policies and should make their retail market completely tax free for the foreign investors
ii. The update mentioned that the global economic growth would strengthen gradually as the limitations of the economic activities have seen a positive note with the start of the year.
iii. The policies made by the emerging economies of the world in terms of policy making is has also shown positive outcomes with a good start in the year
iv. Following the findings of the report in detail, it’s projected that the Euro Area is one of the biggest threat to the Global Economic Outlook as it poses a downside risk to the economy. If the momentum of reforms is not maintained in the Euro Area than the risk of prolonged stagnation would increase

(a) Statement i, ii and iii are true
(b) Statement i, ii and iv are true
(c) Statement ii, iii and iv are true
(d) All the four statements are true

Answer: (c) Statements ii, iii and iv are true

According to the National Bureau of Statistics (NBS), China’s economy which is considered to be the second largest economy of the world saw a very retarded growth rate in 2012, which is found to be year low. What was growth percentage?
(a) 7.8
(b) 10.4
(c) 12.5
(d) 3.9

Answer: (a) 7.8

Name the first women chief Justice of Sri Lanka, who was removed from her office following the process of impeachment by the countries Parliament.
(a) Srimavo Bandaranaike
(b) Vivimarie Vanderpoorten
(c) Shirani Bandarnayake
(d) Chandrika Kumaratunga

Answer: (c) Shirani Bandarnayake

Which of the following statements mentioned below are true?
i. India in January 2013 put on hold the most awaited visa-free entry regime for senior citizens of Pakistan citing technical reasons. The nine Pakistani hockey players participants in the Hockey India League tournament were also sent back home following the protests against their presence in India by the radical units
ii. The Supreme Court of Pakistan in January 2013 ordered the authorities to arrest Raja Pervez Ashraf, the Prime Minister of Pakistan, within 24 hours. The orders of the Court came following the allegations in connection with a corruption case linked to power projects, done during his office of the Water and Power Minister.
iii. Barrack Obama, the US President in January 2013 proposed extensive gun control laws, making them stricter. Obama announced a total of 23 executive measures which would come into effect immediately after his signatures.
iv. India, China and Bangladesh decided in the third week of January 2013, to speed up its rail link projects in order to increase the contact among the people of two neighbouring nations.

a) Statement i, ii and iii are true
b) Statement i, ii and iv are true
c) Statement ii, iii and iv are true
d) All the four statements are true

Answer: (a) Statement i, ii and iii are true

India and Vietnam on 15 January 2013 signed a Memorandum of Understanding (MoU) which is directly meant for building capacity and developing institutional framework and identifying thrust areas and opportunities for micro, small and medium enterprises in Vietnam. The MoU was signed during the 4 day state visit of Vice President Hamid Ansari to Vietnam. Which of the following statements mentioned below is true in context of the MoU signed.
i. The MoU signed would be focusing on building capacity for developing policy and institutional framework through exchange of experts for the development of MSMEs, and conducting industrial surveys and feasibility studies to identify thrust areas and opportunities for development of MSMEs in Vietnam.
ii. It ideates the promotion of partnership projects and institutional cooperation between the two countries, organising exhibitions and trade fairs for marketing the products of MSMEs, exchange of business missions to initiate transfer of technology and business alliance, and providing training for improvement of managerial and technical skills for MSMEs.
iii. The MoU is part of India’s efforts to further strengthen economic ties with Vietnam. The two countries have set a trade and investment target of 7 billion dollars by 2015.
iv. A Joint Committee comprising representatives from the Ministry of Planning and Investment (Vietnam) and Ministry of Micro, Small and Medium Enterprises India) is going to monitor the implementation of the MoU.

(a) Statement i, ii and iii are true
(b) Statement i, ii and iv are true
(c) Statement ii, iii and iv are true
(d) All the four statements are true

Answer: (d) All the four statements are true