GK & Current Affairs: March 5, 6, 2015

1. The “One Belt, One Road initiative” has been proposed by China for __?
[A]Defence Cooperation
[B]International Travel & Tourism
[C]Investment and Trade Promotion
[D]None of them
Answer: Investment and Trade Promotion
Notes:
The One Belt One Road is China’s investment and trade promotion scheme. The scheme aims to deepen economic connections between China and rest of the world.
2. Who is the head of the SEBI’s committee on issues related to disclosure and accounting for standards?
[A]Ishaat Hussain
[B]Suresh Senapathy
[C]Y H Malegam
[D]Chitra Ramakrishnan
Answer: Ishaat Hussain
Notes:
Tata son’s director Ishaat Hussain is the head of the SEBI’s 17 member committee on issues related to disclosure and accounting for standards for various entities in the securities market. The committee was set up in 2006, under the chairmanship of Y H Malegam. The major terms of references of this committee is to advise SEBI on issues related to disclosure requirements in the offer documents, application forms, advertisements and other modes of mass communication by the issuers.
3. In which Latin American country, the Villarrica volcano is located?
[A]Suriname
[B]Chile
[C]Guyana
[D]Bolivia
Answer: Chile
Notes:
The Villarrica volcano is one of Chile’s most active volcanoes. It is also known as House of the Spirit. Chile has more than 2,000 volcanoes and about 90 of them remain active. Villarrica is considered among the country’s most dangerous.
4. On recommendation of which committee, the Sanskrit and Tamil were recognised as classical languages?
[A]Gopi Chand Naren Committee
[B]Bhanu Prakash Committee
[C]Sandip Patil Committee
[D]Chandrashekar Nair Committee
Answer: Gopi Chand Naren Committee
Notes:
Sanskrit and Tamil are recognised as classical languages on recommendation of the Dr Gopi Chand Naren committee.
5. Which among the following is the highest of civil awards and honor given by Pakistan?
[A]Nishan-e-Pakistan
[B]Hilal-e-Pakistan
[C]Sitara-e-Pakistan
[D]Tamgha-e-Pakistan
Answer: Nishan-e-Pakistan
Notes:
The Nishan-e-Pakistan is the highest of civil awards and decorations given by the Government of Pakistan for the highest degree of service to the country and nation of Pakistan. The award was established on 19 March 1957.
6. In March, 2015, who has become the fastest cricketer to reach 20 centuries in one day International matches?
[A]Kumara Sangakkara
[B]Misbah ul Haq
[C]Hashim Amla
[D]AB de Villiers
Answer: Hashim Amla
Notes:
South African top batsman Hashim Amla on 3rd March 2015 became the fastest cricketer to reach 20 centuries in ODIs in his 108th inning. Indian batsman Virat Kohli made 20 tons in 133 innings. South African captain AB de Villiers had reached the landmark in his 175th match, while batting record holder Sachin Tendulkar achieved it in his 197th match.
7. The International Women of Courage Award is given out by ____?
[A]OECD
[B]US Department of States
[C]United Nations
[D]Amnesty International
Answer: US Department of States
Notes:
The International Women of Courage Award was established in 2007 by the US department of states. The award honors women around the globe who have exemplified exceptional courage and leadership in advocating for human rights, women’s equality, and social progress, often at great personal risk.
8. The symbol of “Zero Discrimination Day” celebrated on 1 March every year is __?
[A]Apple
[B]Butterfly
[C]Flower
[D]Moon
Answer: Butterfly
Notes:
Zero Discrimination Day is an annual worldwide event observed on 1 March every year. The event promotes diversity and recognizes that everyone counts. The symbol for Zero Discrimination Day is the butterfly, widely used by people to share their stories and photos as a way to end discrimination and work towards positive transformation.
9. MUDRA Bank has been proposed to regulate and refinance which sector?
[A]Infrastructure sector
[B]Micro-finance institutions
[C]Power companies
[D]Automobile sector
Answer: Micro-finance institutions
Notes:
The government proposed to set up Micro Units Development and Refinance Agency (MUDRA) Bank with a capital of Rs 20,000 crore to regulate and refinance all micro-finance institutions. MUDRA Bank would be responsible for regulating and refinancing all Micro-finance Institutions (MFI) which are in the business of lending to micro/small business entities engaged in manufacturing, trading and services activities.
10. As per the 2015 worldwide cost of living survey, which is the most expensive city in the world?
[A]Tokyo
[B]New York
[C]Singapore
[D]Zurich
Answer: Singapore
Notes:
Singapore emerged as the most expensive city for a second straight year on higher prices of items, according to the Economist Intelligence Unit. The island nation beat Paris, Oslo, Zurich and Sydney, which also retained their spots in the ranking. The report compares the price of products and services including food, clothing, transport, private schools and domestic help in 140 cities with New York City as a base. Hong Kong and Seoul are the other Asian cities that make up the Top 10.

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