Economy Current Affairs
March 4th Week 2015 current affairs
Category : Economy Current Affairs
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 1) Haryana state has launched which scheme on the occasion of International Women ’s Day?

 Ans : (1)
1. ‘Aapki Beti, Hamari Beti’
2. ‘Aapki Beti, Duniya ki Beti’
3. ‘Aapki Beti, Sabki Beti’
4. ‘Sabki Beti, Hamari Beti’
5. ‘Sabki Beti, Bharath Beti’

Explanation: On International Women Day in a state level function at Panchkula, Haryana Chief Minister Manohar Lal khattar on 8th Mar’15 launched several schemes to improve sex ratio in the state. These schemes include "Aapki Beti Hamari Beti", Haryana Kanya Kosh of 100 crore rupees and "Haryana Kuposhan Mission".

2) Masarat Alam is separatist leader of Jammu & Kashmir released from the jail by which Government? 

Ans : (2)
1. Pakistan
2. Jammu & Kashmir
3. Delhi
4. Afghanistan
5. None

Explanation: Masarat Alam was responsible for widespread anti-India protests and unprecedented stone pelting incidents in Jammu and Kashmir in 2010 that led to death of 112 people.

3) Vinod Mehtha is the senior journalist and editorial chairman of which Magazine who passed away in New Delhi on 8th Mar’15?

Ans : (1)
1. Outlook
2. India Today
3. Time
4. Women’s Era
5. Present india

Explanation: The 72-year-old journalist was the founder and Editor-in-Chief of the magazine. One of the eminent journalists of the country, Mehta has been editor of several publications, including Pioneer, The Sunday Observer, The Independent and The Indian Post.

4) Name the State’s Archives body which is publishing three volumes of rare documents on Shaheed Bhagat Singh?

 Ans : (3)
1. Haryana
2. Punjab
3. Bihar
4. Delhi
5. Goa

Explanation: Rare documents and images, including a graphic depiction of the hanging of Bhagat Singh and his two aides Rajguru and Sukhdev, which were banned during the colonial era, are now being published in three huge volumes by the Bihar State Archives, BSA. It would be publish at end of March 2015.

5) By How much percent, the Foreign Direct Investment into the services sector increased during April-Dec’2014? 

Ans : (4)
1. 15%
2. 50%
3. 33%
4. 44%
5. 50%

Explanation:The Foreign Direct Investment into the services sector jumped 44 per cent to 2.29 billion dollars in the April to December period of the current fiscal. The services sector contributes over 60 per cent to India’s GDP.

6) Carolina Marin is the player who became the winner of the women’s singles of All ………………Badminton Championship on 8th Mar’15?

Ans : (4)
1. France
2. India
3. American
4. England
5. Russian

Explanation: In the women`s final, world champion Carolina Marin of Spain fought back from a set down to beat India`s Saina Nehwal.

7)  Which player became the winner of the Men’s singles All England Badminton Championship on 8th Mar’15? 

Ans : (2)
1. Jan Jorgensen
2. Chen Long
3. Zhao Yunlei
4. Tontowi Ahmad
5. None

Explanation: World champion Chen Long of China beat Jan Jorgensen in the final of the All England Championship in Birmingham.

8) Which among the following awards were presented by the President of India on the occasion of International Women’s Day? 

Ans : (5)
1. Naari Samman Purushkar
2. Naari Shasakt Samman
3. Stree Shakti Purushkar
4. Naari Shakti Purushkar
5. Both 3 & 4

Explanation: The President congratulated the winners of Stree Shakti and Nari Shakti Puruskar and thanked the Ministry of Women and Child Development for organizing this event and encouraging the distinguished awardees to work towards a noble cause.

9) On 8th march 2015 , The first Indo-Nepal Friendship Motor Rally was concluded at which place? 

Ans : (4)
2.Gateway of India
4.India Gate
5.5. Mumbai Gate

Explanation: It which was flagged off at Puri, Odisha on February 27. Twenty four teams and about 90 participants from India and Nepal covered 3060 Km during the ten-day rally in both countries. The rally aimed at strengthening bilateral relations between India and Nepal and spreading message of road safety.

10) Shri G. Karthikeyan, belongs to which state’s Speaker of the Legislative Assembly who passed away on 7th Mar’15? 

Ans : (4)

Explanation: Shri Karthikeyan made immense contribution to the State of Kerala as a senior Congress leader, six term MLA, Minister and Speaker of the Kerala Legislative Assembly.

 11) Which among the following Company announced the acquisition of management control of Pipavav Defence and Offshore Engineering Company Ltd (PDOE) for 2082.3 Crore rupees? 

Ans : (2)
2.Reliance Infrastructure Ltd.
3.Tata Consultancy Services.

Explanation: After the change in management and control, the company will be renamed Reliance Defence Ltd. and Anil Ambani will be its Chairman.

12) Name the bank that became the first major bank to announce rate cut after RBI’s second Repo rate cut of the year was announced on March’2015?

Ans : (4)
1.State Bank of Travancore
2.State Bank of India
3.Punjab National Bank
4.ICICI Bank
5.Axis Bank

Explanation: It is a associate bank of the State Bank Group announced a 10 basis-point cut in the base rate to 10.15% on 8th Mar’15.

13) Kumara Sangakkara is the player who became the first batsman to score hundreds in how many consecutive World Cup matches?

 Ans : (3)

Explanation: He scored his century against Australia on 8th Mar’15 in the ICC World Cup.

14) At which limit Reserve Bank of India eased the norms for home loans by allowing banks to include stamp duty and registration charges to the cost of a unit?

Ans : (2)
1. 20 Lakh
2. 10 Lakh
3. 15 Lakh
4. 30 Lakh
5. 40 Lakh

Explanation: At present, Banks do not include stamp duty, registration and other documentation charges in the cost of housing property.

15) Facebook announced a collaboration with which Indian company to provide free internet access in the country? 

Ans : (1)
1. Reliance Communication
2. TATA Communication
3. Airtel
5. 5.Vodafone

Explanation: Under this partnership Facebook will launch the app in India with association with RCom.

16) Which BJP Leader name was included in the LIMCA book of records for being the only woman of the country to represent the same Lok Sabha Constituency on the same party ticket for eight consecutive times?

 Ans : (3)
1.Sushma Swaraj
2.Meenakshi Lekhi
3.Sumitra Mahajan
4.Vasundhra Raje
5.Uma Bharati

Explanation: Sumitra Mahajan.At present she is a Lok Sabha Speaker and has been winning since 1989.

17) The main theme of Aero India show that was inaugurated by Prime Minister Narendra Modi on 18thFeb’15 in Bengaluru is …………? 

Ans : (1)
1.Make in India
2. Unite India
3. Developed India
4. Extending Air Services in India
5. None

Explanation: Over 400 companies in Public and Private sector will display their products in the International Aerospace Exhibition during the show. The Indian made Light Combat Aircraft Tejas and Advanced Light Helicopter Dhruv will take part in the aerobatic display.

18) What is the title of first National Tribal Festival that was started from 13th Feb’15? 

Ans : (3)
1. Aadivaasi
2. Vanmaanas
4. TribeFest
5. Tribe semino

Explanation: The six day festival will feature participants from across the country. About 900 participants from states including Assam, Chhattisgarh, Jharkhand, Nagaland, Odisha, and West Bengal would be participating. The festival is also intended to conserve and promote the distinctive cultures by providing them a national platform among other things.

19) As announced by Minister of Development of North-Eastern Region Dr. Jitendra Singh on 11th Feb’15, which category of students in Delhi will get a hostel?

 Ans : (2)
1. SC/ST
2. North-Eastern
3. Blind Challenged
5. South-Eastern

Explanation: The hostel will be constructed at a cost of about 40 crore rupees. It will accommodate about 250 students and will be shared by boys and girls. The announcement comes close on the heels of a similar announcement by the Minister on 9th Feb’15 to construct a hostel for students of the region in Jawaharlal Nehru University.

20) Which former Defence Secretary’s plea for quashing appointment as Comptroller and Audit General of India is rejected by Supreme Court of India on 11th Feb’15? 

Ans : (2)
1. V P Singh
2. S K Sharma
3. H L Gupta
4. Mukul Rohtagi
5. None

Explanation: The Supreme Court on 11th Feb’15 upheld a Delhi High Court verdict which dismissed a petition seeking quashing of the appointment of former Defence Secretary Shashi Kant Sharma as Comptroller and Auditor General of India (CAG), saying it cannot meddle with the constitutional procedure. A bench headed by Chief Justice H L Dattu said there is no good ground, while dismissing the appeal against the High Court judgement which had held as valid the appointment of Sharma as the CAG.

 21) Name the person who has been appointed as the Chairman of Indraprastha Gas Limited? 

Ans : (2)
1. C Rameshwaram
2. M Ravindran
3. K K Gupta
4. V V Giresh
5. None of these

Explanation: He will succeed K K Gupta.

22) Whom among the following acquired the Telugu television channel network Maa Television Network Ltd (MTNL) including its brand, assets and four channels for an undisclosed amount on 11th Feb’15?

 Ans : (2)
1. Sony Entertainment Pvt. Ltd
2. Reliance Entertainment
3. Zee Entertainment
4. Star India Pvt. Ltd.
5. HBO

Explanation: With this acquisition, Star India will get access to the Telugu TV market, the second largest regional market in India in terms of revenue potential.

23) Name the bank has launched India’s first digital bank ‘Pockets’ service to allow anyone to instantly make transactions on a mobile phone with or without a bank account?

Ans : (1)
1. HDFC Bank
2. ING Vysya Bank
3. Kotak Mahindra Bank
4. ICICI Bank
5. Axis Bank

Explanation: There will be a digital wallet, a physical prepaid card and primary savings account. Pockets allow funds transfer of funds from e-mail ID, mobile number and friend’s Facebook account and so on.

24)  Ã¢â‚¬ËœUdyanotsavâ€â„……………?

 Ans : (3)
1. Planting Sapling Mission
2. Agro Fest
3. Annual Festival at Rashtrapati Bhavan
4. Gardening Project.
5. Children Park Project

Explanation: The President of India, Shri Pranab Mukherjee will open the annual “Udyanotsavâ€ÂÃ? of Rashtrapati Bhavan on February 13, 2015.

25) The Crime and Criminal Tracking Network System Project has been launched in which state? 

Ans : (1)
1.Himachal Pradesh
4.West Bengal

Explanation: This 19 Crore Rupee project funded by the Union government will help in connecting 114 police stations in the state besides 13 district headquarters, 26 sub-divisional police officers and three police ranges. Himachal was the first state in the country to launch this project prepared by the Union Home Ministry after Mumbai attack of 26/11.