Current Affairs

1. As per the official data released by TRAI on 9 March 2011, which state in MNP Zone-2 recorded the maximum number of request for mobile number portability by end of February 2011?

a.    Tamil Nadu

b.    Karnataka

c.    West Bengal

d.    Assam

Answer: (b) Karnataka

2. The Enforcement Directorate has booked Pune-based real estate agent and stud farm owner Hasan Ali Khan under section 3 of the Prevention of Money Laundering Act (PMLA), 2002. When did PMLA come into existence?

a.    2000

b.    2002

c.    2005

d.    1999

Answer: (c) 2005

3. The e-commerce portal of India Post, was launched by Union Minister Kapil Sibal on 9 March 2011 provide postal services online. Which among the following is the correct name of the portal?

a.    e-post office

b.    e-post service

c.    e-postal services

d.    India Post e-commerce

Answer: (a) e-post office

4. Steel tycoon Lakshmi Mittal overtook Mukesh Ambani to become the wealthiest Indian as per the annual Forbes list of World Billionaires for 2011. What is Lakshmi Mittal’s ranking in the list?

a.    Fourth

b.    Sixth

c.    Ninth

d.    Eleventh

Answer: (b) Sixth

5. According to the Economic Survey of India 2010-11, Forex Reserves estimated at __ US dollars.

a) 297.3 billion US dollars

b) 245.6 billion US dollars

c) 285.4 billion US dollars

d) 113.2 billion US dollars

Answer: (a) 297.3 billion US dollars

6. Consider the following statements regarding the Economic Survey of India 2010-11.

i) Agriculture likely to grow at 5.4% in 2010-11

ii) Trade Gap narrowed to 82.01 billion US dollars in April-December 2010

iii) 59% rise in Bank Credit

Please choose the right option:

a)    All the three statements  i, ii and iii are correct ; b) only I and ii are correct

b)    All three statements are wrong ; d) only i) is correct

Answer: (a) All three Statements i, ii and iii are correct

7.  India’s External debt stood at 295.8 billion US dollars at the end of September 2010, recording an...