Economy Current Affairs
july 2nd Week 2015 current affairs
Category : Economy Current Affairs
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 1)   Which country recently, launched the world’s first electric passenger aircraft?

 Ans : (4)
1. Swden
2. Japan
3. India
4. China
5. USA

Explanation: BX1E electric passenger aircraft was designed together by Shenyang Aerospace University and Liaoning General Aviation Academy located in the northeastern Liaoning Province of China.


 2) The scientists named a newly discovered galaxy in the third week of which month 2015 by the name of Christiano Ronaldo football player? 

Ans : (1)
1. June
2. July
3. August
4. May
5. April

Explanation: Cristiano Ronaldo is also known as CR7 after his initials and jersey number. CR7 is three times brighter than the brightest distant galaxy known till now, called Himiko. This brightest galaxy was discovered in the early universe that contains the first generation of stars.


 3) Which team won the National Basketball Association (NBA) title 2015? 

Ans : (4)
1. Cleveland Cavaliers
2. L.A. Clippers
3. L.A. Lakers
4. Golden State Warriors
5. Siver Coin Dare devils

Explanation: Golden State Warriors celebrated its first N.B.A. championship in 40 years. This was fourth overall NBA title for Golden State Warriors and the first title since 1975. The team is based on Oakland, California and has now won NBA titles in 1947, 1948, 1975 and 2015.

4) What is the name of the mission, set out by the Cabinet Committee on Economic Affairs (CCEA) recently for an ambitious target to provide nearly 20 million houses over seven years?

 Ans : (2)
1. Home for All
2. Housing for All by 2022
3. House for All by 2020
4. DreamHome 2020
5. My Home 2022

Explanation: The mission comes out from a key promise in BJP’s manifesto for 2014 Lok Sabha elections to provide a “pucca” house for every family by the 75th year of Independence, i.e., by year 2022.


 5) Name the bank that launched an online forex platform recently

 Ans : (1)
1. State Bank of India
2. Axis \bank
4. Canara Bank
5. Bank of Baroda

Explanation: It enables customers to book their foreign exchange transactions online. The name of the service is SBI eforex . It is the Internet-based forex (foreign exchange) platform launched by the SBI that facilitates the customers of the bank to obtain forex rates without having to physically visit the branch and enable customers to book their foreign exchange transactions online.


6) The new edition of ‘Atithi Devo Bhava’ TV Commercials Brand ambassador is ……….? 

Ans : (2)
1. Aditya Panchoili
2. Aamir Khan
3. Shahrukh Khan
4. Aishwarya Rai
5. Akshay Kumar

Explanation: The Minister of State for Tourism (Independent Charge), Culture (Independent Charge) and Civil Aviation, Dr. Mahesh Sharma launched the new edition of “Atithi Devo Bhava” television commercials.


 7) The new Executive Director of the Amnesty International India is ……………..? 

Ans : (1)
1. Aakar Patel
2. Sudarshan Joshi
3. Vinaya Mehtha
4. Bal sudhir yogi
5. None

Explanation: Journalist and writer Aakar Patel was appointed as Executive Director of Amnesty International (AI) India 18 June 2015. He will head AI India’s operations and its efforts to end human rights abuses in India and worldwide.


 8) The number of records that have been set by International Yoga day celebrations at Rajpath in New Delhi are …………….?

 Ans : (2)
1. 1
2. 2
3. 3
4. 4
5. 5

Explanation: International Yoga day celebrations at Rajpath in New Delhi have set two Guinness World Records. Firstly the participants were largest in numbers with 35,985 and secondly 84 nationalities attended the mega event.


 9) The number of UN member countries celebrated the International Day of Yoga are………? 

Ans : (1)
1. 192
2. 200
3. 234
4. 212
5. 266

Explanation: Out of the 193 UN member countries, celebrations were held in 192 countries - the exception is Yemen, because of the conflict there.


 10) The UN General Assembly announced 21st June as the International Day on …………..? 

Ans : (2)
1. 21st June 2014
2. 11th Dec 2014
3. 12th Dec 2014
4. 11th June 2014
5. 10th oct 2014

Explanation: International Yoga Day, June 21, was declared as the International Day of Yoga by the United Nations General Assembly on December 11, 2014. The declaration of this day came after the call for the adoption of 21 June as International Day of Yoga by Indian Prime Minister Narendra Modi during his address to UN General Assembly on September 27, 2014.

  11) The President of Rashtriya Lok Samata Party, an ally of NDA as Chief Ministerial candidate for the Bihar State Assembly elections this year is ………..? 

Ans : (1)
1. Upendra Kushwah
2. Nitish Kumar
3. Lalu Prasad Yadav
4. Sharad Yadav
5. Sangma

Explanation: This decision was taken at State Party Executive meeting in Vaishali. Mr. Kushwah said the party workers have been instructed to start preparations for 125 Assembly seats.


 12) By the request of Egypt one of Al-Jazeera senior journalists has been arrested in which country during June 2015? 

Ans : (2)
1. Sweden
2. Germany
3. Brazil
4. Argentina
5. pakistan

Explanation: Ahmed Mansour, who works for the channel`s Arabic-language service, was detained as he tried to board a flight from Berlin to Qatar. A court in Egypt`s capital Cairo sentenced him to 15 years in prison in absentia last year on torture charges. The news channel claims that charges made against Mr Mansour, who has dual British and Egyptian citizenship, are absurd and false.


 13) The judge who resigned on 19 June 2015 from the Office of the Judge of Delhi High Court is …………..?

 Ans : (3)
1. Justice J K Khattri
2. Justice Markandey Katju
3. Justice Gian Prakash Mittal
4. Justice G K Vaish
5. None

Explanation: He tendered his resignation from the office of the Judge of Delhi High Court, in pursuance of provision (a) to clause (1) of article 217 of the Indian Constitution.


 14) The ban on wearing earphones while driving a vehicle and riding a cycle is in which country that will be with effect from 1st July’15? 

Ans : (2)
1. India
2. France
3. China
4. Bangladesh
5. Switzer land

Explanation: People using earphones while driving a vehicle or riding a cycle will be fined 135 Euro (214 US dollar) and lose three license points. However, use of phone while having the caller on loud speaker will be allowed.


 15) Adani ports company got contract for the construction and operation of the proposed Vizhinjam container trans-shipment port on PPP model in which state recently? 

Ans : (2)
1. Karnataka

2. Kerala

3. Uttar Pradesh

4. Goa

5. Gujarath

Explanation: The Kerala Cabinet on 10th June’15 decided to accept the bid of Adani Ports and Special Economic Zone Limited. Adani Group was the lone bidder for the project, which had no takers in the previous rounds of tendering.


16) Recently, the Cabinet approved signing of the Bangladesh, Bhutan, India and which other country (BBIN) Motor Vehicle Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic? 

Ans : (2)

1. Norway

2. Nepal

 3. Nigeria

4. Nether lands

5. None

Explanation: The Cabinet has approved signing of the Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicle Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic amongst BBIN. The agreement will be signed on 15th June at the BBIN Transport Minister’s meeting in Thimpu, Bhutan.


 17) Kochi Metro ties up to make significant revenues from ticket sales with ……………….. bank?

 Ans : (2)
1. SBI Bank
2. Axis Bank
3. ICIC Bank
4. HDFC Bank
5. Indian bank

Explanation: Kochi Metro Rail Limited (KMRL) has broken new ground to gain substantially from the Automated Fare Collection (AFC) system by roping in a private partner to make necessary investments in hardware and software for sale of tickets besides getting assured annual royalty and a share in the business returns of the partner.


 18) Kapil Mishra is the new Law Minister of which state/UT Government after the removal of Jitendra Tomar over fake degree allegations?

 Ans : (3)
1. Gujarath
2. Puducherry
3. Delhi
4. Kerala
5. Goa

Explanation: Delhi Jal Board’s vice chairman Kapil Mishra will succeed Jitender Tomar as Delhi`s law minister.


 19) ISRO organisation was awarded with Space Pioneer Award for the year 2015 during the 34th Annual International Space Development Conference held at which place? 

Ans : (2)
1. Turkey
2. Toronto
3. Tazhkishthan
4. Cuba
5. cambodia

Explanation: Space pioneer award for the year 2015 was presented to Indian Space Research Organisation in the Science and Engineering category during the 34th Annual International Space Development Conference held at Toronto in Canada during May 20-24, 2015. The U.S. National Space Society presented the award in recognition of ISRO’s efforts in accomplishing the Mars Mission in its very first attempt.

 20) Which type of investors have been given the permission from the Reserve Bank India (RBI) to invest in regulated chit funds in India? 

Ans : (2)
1. HUF
2. NRIs
3. Individual
4. Joint Hindu Family
5. None

Explanation: NRIs can subscribe to chit funds through banking channels, including accounts maintained in India. The state governments or Registrar of Chits may permit chit funds to accept subscription from NRIs on non-repatriation basis.

  21) Dr. srovari Chandrasekhar was appointed as the Director of which city -based CSIR-Institute of Chemical Technology (IICT)?

 Ans : (1)
1. Hyderabad
2. Pune
3. Ranchi
4. Chennai
5. Delhi

Explanation: He is currently working as Chief Scientist at the IICT. The appointment was made by the Prime Minister Narendra Modi, who is President of the CSIR (Council of Scientific and Industrial Research).


 22) Prakash singh badal was conferred with the prestigious 14th Sant Namdev National Award at a function in which state recently?

 Ans : (2)
1. Gujarath
2. Maharashtra
3. Madhya Pradesh
4. Goa
5. Kerala

Explanation: He was awarded for promoting peace, communal harmony and universal brotherhood. The award was given by Maharashtra Chief Minister Devendra Fadnavis on behalf of the Sarhad Foundation.


 23) INS Vikranth is the India’s maiden indigenous aircraft carrier that was undocked at which Shipyard recently? 

Ans : (2)
1. Visakhapatnam
2. Coachin
3. West Bengal
4. Odisha
5. None

Explanation: The structural work of the ship was completed and undocking was part of the second phase of work on the carrier, which is expected to be complete by 2017.


 24) NASA scientists developed a tool to predict destructive which storms recently? 

Ans : (1)
1. Solar storms
2. Thunder storms
3. Moon storms
4. Mars storms
5. Unpredictable storms

Explanation: The model is now undergoing testing, but if it’s robust, then scientists might finally have a tool to predict a CME’s magnetic configuration from afar. This means forecasters could give utility grid and satellite operators a full 24-hour advance warning to protect their systems – crucial time to protect their assets.


 25) Manu prakash scientist who along with his team developed World`s first ……………..-based computer recently?

 Ans : (3)
1. Silicon
2. Oxygen
3. Water
4. Nitrogen
5. Gas

Explanation: Manu Prakash is an Assistant Professor of Bioengineering at Stanford University. The results were published in the journal Nature Physics.