Categories

Economy Current Affairs
September 2nd week 2015 Current Affairs
Category : Economy Current Affairs
posted Date :
Total No.of views :
Total No.of Comments :
Rating: 
0 / 5 (0 votes)

 1) Allahabad Court asked ____ government to ensure hoisting ceremony of National Flag on Independence Day and Republic Day in Madarsas and other schools all over the state? 

 
Ans : (1)
 
1. Uttar Pradesh
2. Tamil Nadu
3. Delhi
4. Madhya Pradesh
5. Maharashtra
 
Explanation: On 2nd Sep’15 a bench comprising Chief Justice DY Chandrachud and Justice Yashwant Verma passed the order on a PIL.
 
2) What policy has been approved by the cabinet recently for the development of hydrocarbon discoveries by national companies like Oil and Natural Gas Corporation and Oil India? 
 
Ans : (1)
 
1. Oil Extraction Policy 
2. Marginal Field Policy
3. Conventional Source Policy
4. Earth Mining Policy
5. None
 
Explanation: Under new Policy 69 unexploited fields held by ONGC and Oil India for many years, will be opened for competitive bidding. The license granted would cover all hydrocarbons found in the field instead of being restricted to one item. Revenue sharing model is being introduced for the first time in oil sector and Government will receive a share of gross revenue instead of profit- sharing in earlier formula.
 
3) The centre for crop insurance period under National Agricultural Insurance Scheme for the farmers bearing no loan date extended to …………………… 
 
Ans : (1)
 
1. 15 sep 15
2. 16 sep 15
3. 17 sep 15 
4. 20 sep 15
5. 21 sep 15
 
Explanation: For loan farmers the extension period will be upto end of this month. The decision will benefit farmers where delayed and deficient rainfall has been reported. Bihar, Maharashtra, West Bengal, Jharkhand, Andhra Pradesh, Telangana, Odisha and Gujarat had requested the Centre to extend the period of crop insurance.
 
4) Ministry of Railways has launched a paperless unreserved ticketing mobile application for the passengers between New Delhi to …….. 
 
Ans : (3)
 
1. Paleru
2. Palwal
3. Palamuuru
4. Peraram
5. Pune
 
Explanation: Now the passengers can buy unreserved tickets through their smart phones and need not visit Stations to purchase tickets. Besides, the Railways has also installed a Cash or Smart Card ticket vending machine at New Delhi Railway Station to provide unreserved tickets with a view to cater to passenger rush. Now the passengers will have to download the unreserved ticketing mobile application from Google play or Window store to use the facility.
 
5) Which country has fallen into a recession, dragged down by falling energy prices and economic troubles in China? 
 
Ans : (3)
 
1. USA 
2. Venezuela
3. Canada
4. Brazil
5. UAE
 
Explanation: On 2nd Sep’15 Canada`s national statistical agency, Statistics Canada reported that the Canadian economy retreated at an annual pace of 0.5 per cent from April through June after sliding 0.8 percent the first three months of the year. Two consecutive negative quarters are the technical definition of a recession. Canada is the world`s 11th-biggest economy and the United States` biggest partner.
 
6) Forward Markets Commission regulator will be merged with ………….. From 28th Sep’15?
 
Ans : (1)
 
1. SEBI
2. ICRISAT
3. IRRISAT
4. NIN
5. None
 
Explanation: An official press release said, Finance Minister Arun Jaitley, in his Budget speech, had announced the merger of FMC with the capital market regulator SEBI to strengthen the regulation of commodity futures market. A unified regulator for commodities and capital markets will help streamline monitoring of commodity futures and curb wild speculations.
 
7)2020 year Olympic Games is scheduled to be held in which city? 
 
Ans : (3)
 
1. Beijing
2. Canberra
3. Tokyo
4. New Delhi
5. None
 
Explanation: The logo for the Tokyo Olympics Games has been scrapped after allegations that it was plagiarized. A Belgian artist had complained that his design was stolen. Logo designer Kenjiro Sano had admitted copying online material for a previous project. The logo was unveiled only last month, based around the letter T and a red circle representing a beating heart - which critics said resembled the Japanese flag.
 
8) Durban city of ______ is selected as the host for the 2022 Commonwealth Games at the Federation’s general assembly 
 
Ans : (4)
 
1. Canada
2. USA
3. UK
4. New Zealand
5. Australia
 
Explanation: The Commonwealth Games are held every four years and feature athletes from over 50 member countries. First held in 1930, 2022 will mark the first time the Games will be held in Africa, a move that could pave the way for South Africa to make another attempt for the Olympics after Cape Town finished third in bidding for the 2004 summer Games. The coastal city was the only bidder for the multi-sports event after the Canadian city of Edmonton withdrew from contention in February, citing falling prices. Organisers said the Games would be held from 18 to 30 July, opening on the birth date of the late South African President and anti-apartheid hero Nelson Mandela.
 
9) The first ever International Cricket Tournament for People with Physical Disabilities began recently in which country?
 
Ans : (2)
 
1. India
2. Bangladesh
3. Canada
4. Pakistan
5. Srilanka
 
Explanation: Organised by the International Committee of the Red Cross, the T-20 event has five nations are including India, England, Pakistan, Afghanistan and Bangladesh participating. Bangladesh takes on England in the opening match at the Sher-e-Bangla National Stadium in Mirpur. The other matches will be held in the Cricket stadium in Savar.
 
10) The author of the “Globalisation, Democratization and Distributive Justice” is …………….? 
 
Ans : (1)
 
1. Dr. Mool Chand Sharma
2. Durga Dayal
3. Devi Prasad Verma
4. Ravi dayal
5. None of these
 
Explanation: He is the Professor of Law at Delhi University and the Member of Law Commission of India.
 
11) The methodology proposed by RBI to make Base Rate sensitive to policy changes is ………….? 
 
Ans : (1)
 
1. Marginal cost of Methodology
2. Methodology
3. Methodology
4. All above
5. All of these 
 
Explanation: The new methodology is aimed at bringing uniformity among Base Rate of banks so that they will be more sensitive to any changes in policy rates of the RBI like Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), etc. At present, banks are following different methodologies in computing their Base Rate like on the basis of average cost of, marginal cost of funds or blended cost of funds (liabilities)
 
12) India agreed to increase bilateral by 60% in how many years with UAE? 
 
Ans : (5)
 
1. 1
2. 2
3. 3
4. 4
5. 5
 
Explanation: The agreements were arrived at the 11th session of the India-UAE Joint Commission meeting held in New Delhi on 3rd Sep’15. The two sides also agreed to work for early establishment of the planned India-UAE Joint for investments in the infrastructure sector in India. During the meeting, the two sides also signed MOUs on cooperation in the areas of Higher Education and Scientific Research, Tourism, Telecommunication and also between the Federation of Indian Chambers of Commerce and Federation of UAE Chambers of Commerce and Industry.
 
13) Indian People`s Natural Calamity Trust is ____ many-year-old trust that has been wound up by Government and its balance corpus of Rs 91 lakh transferred to the Prime Minister’s Relief Fund? 
 
Ans : (2)
 
1. 120 
2. 115
3. 130
4. 145
5. 150
 
Explanation: The Indian People`s Natural Calamity Trust (IPNCT) was created by former Ruler of Jaipur in 1900 with an objective to provide relief to the people during famine. The Trust is being administered under the chairmanship of Agriculture Minister Radha Mohan Singh with 27 nominated members and two officers. The Agriculture Ministry said in a release that since its last meeting held in August 1995, the Trust has no significant activity except giving donations through PM Relief in case of natural disasters.
 
14) ………………….country’s multi-spectral remote sensing satellite will be launched by India from Satish Dhawan Space Center in Sriharikota? 
 
Ans : (1)
 
1. Indonesia
2. Brazil
3. Argentina
4. Nepal
5. Srilanka
 
Explanation: India will launch a second multi-spectral remote sensing Indonesian satellite that will help the country to monitor land-use, natural resource and in disaster mitigation. The satellite will be shipped to India on 4th Sep’15. LAPAN A2 /Orari will function as a tool to monitor land usage, ship movements, sea resources and fishing explorations. The satellite will orbit the Earth along the equator with an altitude of 650 kilometres, and travel at 7.5 kilometres per second - enabling it to circle the Earth 14 times a day.
 
15) Name the person who took a class of students belonging to 11th & 12th to mark Teacher’s Day? 
 
Ans : (2)
 
1. Narendra Modi
2. Pranab Mukherjee 
3. Rahul Gandhi
4. Amitabh Bachchan
5. Shahrukh Khan
 
Explanation: Mr Mukherjee will hold a joint class of the students of Dr Rajendra Prasad Sarvodhya Vidhalaya school. The school is located in the Presidential Estate. He will also interact with students and teachers of the school.

 16) Geeta is the deaf and mute Indian girl whose petition seeking her custody rejected by which Court on 3rd Sep’15? 

 
Ans : (2)
 
1. Srilanka
2. Pakistan
3. India
4. Indonesia
5. Bhutan
 
Explanation: A Pakistani court dismissed the petition filed by an Indian social worker seeking custody of a deaf and mute Indian girl Geeta, stuck in Pakistan for more than a decade. The court, refused to issue orders for her forced repatriation. A Social worker and lawyer from Haryana, had filed the petition in Sindh High Court to seek the custody of 23-year-old Geeta. Geeta has been stranded in Pakistan for the last 13 years after crossing over to Pakistan by mistake. She was arrested by Pakistan Rangers and then handed over to Edhi which has been taking care of her.
 
17) China President made the announcement recently, to reduce its military personnel by how many lakh?
 
Ans : (3)
 
1. 1 
2. 2
3. 3
4. 4
5. 5
 
Explanation: China will reduce its military personnel by three lakh. President Xi Jinping made the announcement at a massive military parade at Tiananmen Square to commemorate the 70th anniversary of China`s victory against Japan in the 2nd World War. He, however, did not give a timeframe for the plan. The Chinese President described the cut as a gesture of peace. China has presently more than 20 lakh military personnel.
 
18) Which of the following cities has the highest number of dollar millionaires in Africa? 
 
Ans : (1)
 
1. Johannesburg
2. Lagos
3. Cairo
4. Durban
5. None
 
Explanation: According to a new report by AfrAsia Bank and New World Wealth, Johannesburg alone, known as the city of, is home to 23,400 millionaires. South Africa has 30 per cent of the total. Egypt`s Cairo comes second with 10,200, with Nigeria`s Lagos third with 9,100. The study defines millionaires as people with net assets worth at least one million dollars. It estimates there are close to 163,000 millionaires living in Africa, with a combined wealth of 670 billion dollars.
 
19) What is the rank of Indian Football team in FIFA rankings released recently? 
 
Ans : (3)
 
1. 141
2. 156
3. 155
4. 124
5. 167
 
Explanation: As per the latest FIFA rankings released on 3d Sep’15, Earlier in July, India had dropped 15 positions to 156th place after two successive defeats in the 2018 FIFA World Cup qualifiers. India was recently held to a goalless draw by Nepal in an international friendly match in Pune. The Indian team will now take on Iran in a World Cup qualifier in Bengaluru on September 8.
 
20) The Bank of India will shortly put into circulation of Rs.5 coins to commemorate golden jubilee of Indo-Pak War of ____ year? 
 
Ans : (1)
1. 1965
2. 1970
3. 1955
4. 1945 
5. 1934
 
Explanation: RBI said in a release that the coins will be legal tender as provided in the Coinage Act 2011. Existing coins in this denomination will also continue to be legal tender. The new coin in the obverse will bear Lion Capital of Ashoka Pillar in the centre with Satyamev Jayate inscribed below it, the release said. On the reverse it will bear image of `Amar Jawan` monument along with the design of olive leaves branch on its left and right sides at the center, with the inscription "veerata aur balidan" in Devnagri script on the left upper periphery and "VALOUR AND SACRIFICE" in English on the right upper periphery. The year "2015" is written below the image of the monument. Also, "GOLDEN JUBILEE 1965 OPERATIONS" in English on the lower periphery will also be written on this face of the coin
 
21) The Union Government on ____ announced One Rank One Pension (OROP) scheme for ex-servicemen?
 
Ans : (2)
 
1. 1st sep 2015
2. 5th sep 2015
3. 3rd sep 2015
4. 4th sep 2015
5. 10th sep 2015
 
Explanation: The scheme was pending for nearly four decades. Defence minister Manohar Parrikar announced this
 
22) Wynk Music App is the new music streaming mobile app launched by …………….? 
 
Ans : (1)
 
1. Bharati Airtel
2. Vodafone
3. BSNL
4. Aircel
5. None
 
Explanation: Wynk Music App. It can support Android and IOS Phones
 
23)Which country is granting official pardons to its thousands of convicted war veterans as well as very young and old prisoners meeting certain criteria? 
 
Ans : (1)
1. China
2. Japan
3. India
4. Indonesia
5. Nepal
 
Explanation: To mark the 70th anniversary of the end of World War II . The prisoner amnesty law, promulgated by President Xi Jinping on 29th Aug’15, comes 40 years after China granted an amnesty to war criminals in 1975. Amnesty is a system under the Constitution in China, which has long stressed governing by virtue and laws. This is the eight amnesty granted by the People`s Republic of China since its founding in 1949.
 
24) MareDibaba has won the women`s marathon at World Athletics Championships held in which city? 
 
Ans : (2)
 
1. Tokyo
2. Beijing
3. Kaulalampur
4. Cairns
5. Los Angeles
 
Explanation: Ethiopia`s Mare Dibaba won the women`s marathon at the world athletics championships after a thrilling sprint finish in Beijing. The 25-year-old Dibaba out-kicked Kenya`s Helah Kiprop to win the grueling event by just one second, crossing the finish line in two hours, 27 minutes and 35 seconds. Ethiopia has a long and proud tradition in marathon running but Dibaba was the first Ethiopian female to win the lung-sapping event at the world championships.
 
25) Indian Women’s Hockey team will play in the Olympics which will be held in 2016 after ___ years. 
 
Ans : (3)
 
1. 25
2. 26
3. 36 
4. 45
4. 46
 
Explanation: ShaheedSukhdev was the close associate of Bhagat Singh and Rajguru. The trio laid down their lives for the freedom of the country. Punjab government has organised a state level function in the memory of Sukhdev at Ludhiana.
 
26) The Shahi Snan of Kumbh Mela took place in Nashik on ____? 
 
Ans : (4)
 
1. 25th August 2015
2. 26th August 2015
3. 27th August 2015
4. 29th August 2015
5. 30th August 2015
 
Explanation: Over 7 lakh devotees took bath in the first main bathing ceremony of the Singhasth Kumbh being organized at Trimbakeshwar in Nashik on 29th Aug’15.
 
27) Which scheme was launched by the Petroleum and Natural Gas Ministry for online LPG connections to give more convenience to new LPG consumers? 
 
Ans : (5)
 
1. SAHELI
2. SAHAYADRI
3. SWETHA
4. SANKALP
5. SAHAJ
 
Explanation: The facility was simultaneously launched at Ahmedabad, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Hyderabad, Kolkata, Lucknow, Mumbai, Patna and Pune. All state-run fuel retailers would be joining the e-tail bandwagon with a web-based system for selling new LPG connections. The new system would be available on the websites of each company and the government`s LPG portal, Pahal.
 
28) Vassiliki Thanou is the president of which country Supreme Court who was sworn in as the first female prime minister in the nation`s history? 
 
Ans : (1)
 
1. Greece
2. Venezuela
3. Japan
4. Cuba
5. Cambodia
 
Explanation: The appointments come a day after Supreme Court head Vassiliki Thanou was sworn into office. The 65-year-old was appointed after outgoing Prime Minister Alexis Tsipras resigned last week, barely seven months into his four-year mandate, following a rebellion by members of his radical-left Syriza party who objected to his agreement with the conditions of Greece`s third international bailout.
 
29) The Chief Justice of India is ………………? 
 
Ans : (3)
 
1. Justice Ramanuja Charya
2. Justice Neelam Mehta
3. Justice Handyala Lakshminarayana swamy dattu
4. Justice Meenakshi iyyer 
5. None
 
Explanation: Shri Justice Handyala Lakshminarayanaswamy Dattu is the Chief justice of the Supreme Court joined office on 28th September 2014
 
30) Nataraja and arthanaareeswara idols have been returned by the Prime Minister of which country on 5thSep’14? 
 
Ans : (1)
 
1. Australia
2. Pakistan
3. Bhutan
4. China 
5. Japan
 
Explanation: The idols, one of which is a Nataraja (the dancing Shiva, which belonged to the Chola dynasty of 11th-12th century) and other sculpture is of Ardhanariswara, which represents Shiva in half-female form, and dates back to 10th century.

 

 31) In which indian prison an automobile manufacturing unit has been set up inside the premises where work will be carried out by prison inmates? 

 
Ans : (4)
 
1. Charlapalli Jail
2. Muzaffarpur Jail
3. Central prison , Bijapur
4. Tihar Jail
5. Vellore Central Prison
 
 
Explanation: It is the first time in the history of Indian automotive industry a unit is set up in a jail.
 
32) How many FDI proposals approved by the govt of India? 
 
Ans : (3)
1. 20
2. 21
3. 22
4. 23
5. 24
 
Explanation: :- 22 proposal worth Rs.3,951 Crore.
 
33) India has signed a civil nuclear energy deal with australia on …………….?
 
Ans : (1)
1. 5th sep 15
2. 6th sep 15
3. 7th sep 15
4. 8th sep 15
5. 9th sep 15
 
Explanation: The efforts to sign civil nuclear deal were underway since 2012 after Labor party in Australia reversed its decision to ban the sale of uranium to India because of New Delhi not being a signatory to the Nuclear Non-Proliferation Treaty, NPT.
 
34) Lt. Gen. PK Path is the officer, whose court martial has been quashed by the Armed Forces Tribunal as he was punished for his alleged role in a land dealing in ____ state? 
 
Ans : (2)
 
1. Odisha
2. West Bengal
3. Tripura
4. Assom
5. none
 
Explanation: The Tribunal imposed a fine of 1 lakh rupees on the Army for harassment and loss of honour for Lt. Gen. Rath in the case in which he became the first serving three-star rank officer to face disciplinary action.
 
35) To which of the following countries The Foreign Minister Sushma Swaraj visited on 6th Sep’14? 
 
Ans : (1)
 
1. Bahrain
2. Norway
3. Ukraine
4. Syria
5. Cuba
 
Explanation: She held talks with top leaders of Bahrain and discuss bilateral, regional and global issues.
 
36) Who is the author of the “1965: Stories from the Second Indo-Pak War”? 
 
Ans : (2)
 
1. Hamid Ansari
2. Rachna Bisht Rawat
3. Let Gen K J Singh
4. Midhali Srivastav
5. None of these 
 
Explanation: The includes five key battles from the 1965 war and is extensively researched, with interviews and profiles of war veterans.
 
37) Pradhan Mantri Jan Dhan Yojana (PMJDY) celebrated its first Anniversary on ……………..? 
 
Ans : (3)
 
1. 27th Aug’15
2. 18th Aug’15
3. 28th Aug’15
4. 30th Aug’15
5. 31st Aug 15
 
Explanation: Pradhan Mantri Jan Dhan Yojana (PMJDY) is the biggest financial inclusion initiative in the world. It was announced by the Prime Minister Shri Narendra Modi on 15th Aug’14 and Mega launch was done by him on 28th August 2014 across the country.
 
38) India signed an agreement to improve international tax compliance apart from a multi-lateral agreement to automatically exchange information based on Convention on Mutual Administrative Assistance in Tax Matters, with …………..? 
 
Ans : (4)
 
1. Syria
2. Cuba
3. Baluchistan
4. United states
5. Singapore
 
Explanation: In regard to this, RBI has asked all banks andFINANCIAL  institutions to be prepared for the implementation of Foreign Account Tax Compliance Act – FATCA. RBI has said that non-compliance of the rules can lead to huge penalties in addition to loss of reputatio
 
39) When was the Ramcharitmanas composed for the first time at Akashvani?
 
Ans : (2)
 
1. 1960
2. 1970
3. 1990
4. 2000
5. 1980
 
Explanation: Recently, Prime Minister Narendra Modi released a special digital version of epic Ramcharitmanas produced by All India Radio . The Ramcharitmanas was composed and recorded for the first time in 1980 at Akashvani Bhopal.
 
40) 30th Aug 15 was observed as ……………..? 
 
Ans : (1)
 
1. Sanskrit Diwas
2. Hindi Diwas
3. Urdu Diwas
4. Bengali Diwas
5. None
 
Explanation: To mark the `Sanskrit Diwas` celebrations public broadcaster Doordarshan News has launched an exclusive Facebook page and a Twitter handle in that language.
 
41)Mogens Lykketoft is the president of the ____ Session of UN General Assembly, who came on a two day visit to India recently? 
 
Ans : (2)
 
1. 69th
2. 70th
3. 60th
4. 80th
5. 75th 
 
Explanation::- Mr. Lykketoft was unanimously elected by the General Assembly as the President of the 70th Session on 15th June this year and is scheduled to assume his new responsibilities with the commencement of the Session from 15th of next month. Earlier, Mr. Lykketoft was the Speaker of the Danish Parliament and has served as Finance Minister and Foreign Minister of Denmark.
 
42) Najib Razak is the Prime Minister of which country against whom the people held protests in Kuala Lumpur and demanded resignation over scandal?
 
Ans : (3)
 
1. Singapore
2. Nepal
3. Malaysia
4. Bhutan
5. Norway 
 
Explanation: Protesters slept out overnight in Kuala Lumpur after the first day of a rally that has brought into the streets a political crisis triggered by reports of a mysterious transfer worth more than 600 million dollars into an account under Mr Najib`s name. Mr Najib, who has denied any wrongdoing, has sacked his deputy and ministers who had questioned him.
 
43) Who is the U.S. National Security Adviser arrived Islamabad on a previously unannounced visit for talks with senior Pakistani government and military officials recently? 
 
Ans : (3)
 
1. Richard Rahul Paul
2. Hillary Clinton
3. Susan Rice
4. Samantha Daniel
5. None 
 
Explanation: The US State Department said the talks were expected to focus on mutual interests and areas of concern, particularly terrorist and militant attacks emanating from Pakistani soil. Rice also is likely to discuss Pakistan`s role in Afghanistan`s effort to negotiate peace with the Taliban and a recent rise in tensions between Islamabad and New Delhi.
 
44) Erika is the tropical storm that weakened over which country recently, ? 
 
Ans : (5)
 
1. Cambodia
2. Seoul
3. USA
4. Norway
5. Cuba
 
Explanation: The National Hurricane Center in Miami said that while the storm has weakened, it could rebuild as it passes over the Gulf of Mexico. Florida Governor Rick Scott declared a state of emergency on 28th Aug’15.
 
45) Which country is recognised as the largest groups coming into the United States? 
 
Ans : (1)
 
1. Mexico
2. China
3 .India
4. Colombia
5. Cuba
 
Explanation: Mexicans still dominate the overall composition of immigrants in the US, accounting for more than a quarter of the foreign-born people. But of the 1.2 million newly arrived immigrants in the US, legally and illegally counted in the 2013 census, China led with one lakh and 47 thousand, followed by India with one lakh and 29 thousand and Mexico with 125,000. Immigrants from China and India have overtaken Mexicans as the largest groups coming into the United States. The shift has been building for more than a decade and experts say it`s bringing more highly skilled immigrants in the US.
 
46) A team of ____ NASA`s people shut themselves inside a dome for a year in Hawaii, in the longest US isolation experiment aimed at helping NASA prepare for a pioneering journey to Mars?
 
Ans : (3)
 
1. 4
2. 5
3. 6
4. 7
5. 8
 
Explanation: The crew includes a French astrobiologist, a German physicist and four Americans - a pilot, an architect, a doctor/journalist and a soil scientist. They are based on a barren, northern slope of Mauna Loa, living inside a dome that is 11 metres in diameter and about six metres tall. In a place with no animals and little vegetation around, they closed themselves in on 28th Aug’15 at 3 pm Hawaii time, marking the official start to the twelve months mission.
 
47) The United States has extended the anti-dumping duty for another ____ years on Indian Preserved Mushroom ? 
 
Ans : (4)
 
1. 1
2. 2
3. 3
4. 4
5. 5
 
Explanation: `Preserved mushrooms` refer to mushrooms that have been prepared or preserved by cleaning, blanching, and sometimes slicing and cutting. Mushrooms are very nutritious, rich in proteins, fibre and have folic acid content that is uncommon in vegetables and amino acids which are usually absent in cereals. An official in Delhi has confirmed that the US InternationalTRADE Commission has extended the restrictive duty on the Indian commodity for five years. The move is likely to impact domestic exporters as the US is a major export destination for India. In 2014-15, India exported mushrooms worth 16.08 million dollars and during April-May this fiscal the exports aggregated at 1.63 million dollars.
 
48) The number of states that have been asked by the centre to expeditiously implement the Forest Rights Act which recognizes the rights of scheduled tribes living in the forests for generations are……………..?
 
Ans : (1)
 
1. Nine
2. Fifteen
3. Five
4. Twenty
5. Thirty
 
Explanation: Tribal affairs secretary Arun Jha has written to the chief secretaries of Bihar, West Bengal, Himachal Pradesh, Karnataka, Kerala, Uttarakhand, Telangana, Uttar Pradesh and Jharkhand to implement the act immediately. The move comes in the backdrop of Prime Minister Narendra Modi directing the Ministry to implement the Act in a campaign mode and give land rights to tribals over the next two months. The Act is aimed at ensuring that forest-dwellers, including Scheduled Tribes, get their rights over forest land and non-timber forest produce.
 
49) 49) ArvindPanagariya launched the website of NITI Aayog. The full form of NITI is …….? 
 
Ans : (1)
 
1. National Institution for Transforming India
2. National Institute for Transport India
3. National Indian Transforming Institute
4. National Indo-Tibet Institute
5. National Indo-tech institute
 
Explanation: The Vice Chairman of NITI Aayog, Dr. ArvindPanagariya launched the website of NITI Aayog in New Delhi. The website www.niti.gov.in will provide details of the constitution, functions and current activities of the Aayog. The reports prepared by the institution in its initial stages have also beenSHARED  on the website. The website has a unique feature of NITI Blogs, which will incorporate articles, field reports, work in progress, and opinions by NITI officials.
 
50) Among the following , Which state’s legislative assembly was addressed by the President of India recently? 
 
Ans : (1)
 
1. Uttarakhand 
2. West Bengal
3. Assam 
4. Jammu & Kashmir
5. None
 
Explanation: President Pranab Mukherjee addressed the special session of Uttrakhand Legislative Assembly.