Current Affairs January 2012 Questions and Answers Part-II

Important Current Affairs January 2012 Questions and Answers Part-II

48 lakh People living in Asia with HIV: About 48 lakh people were living with HIV in Asia in 2010 and nearly half of them—49 per cent to beprecise—are in India as has been revealed by the latest UNAIDS report drafted jointly with the United Nations Children's Fund (UNICEF) and World Health Organisation (WHO).

UN Climate Change Conference in Durban: The 17th Conference of Parties (COP 17) to the United Nations Framework Convention of Climate Change(UNFCCC) concluded in Durban (South Africa) on December 11, 2011 in which the parties, after extended negotiations, agreed on the second commitment under Kyoto Protocol (2005) by adopting 'The Durban Platform'—a set of decisions that lay the ground for adopting a legal agreement on climate change as soon as possible, and not later than 2015.

Davis Cup, Tennis: Rafael Nadal ensured victory for Spain in the Davis Cup final (tennis) in Seville (Spain) on December 4, 2011after he defeated Argentina's Juan Martin Del Potro in four sets. It was Nadal's 20th straight victory. It was Spain's fifth victory in Davis Cup final.

Champions Challenger Hockey Tournament 2011: Belgium defeated India 4-3 in the final of the Champions Challenge Hockey Tournament in Johannesburg (South Africa) on December 4, 2011 to emerge triumphant

Kim Jong-il Passed Away: Kim Jong-il, 69, North Korea's dictator who ruled the country for 17 years leading it to nuclear power status died on December 17, 2011 in Pyongyang (North Korea).

Total Lunar Eclipse: A total lunar eclipse took place on December 10, 2011. It was the second of the two lunar eclipses in 2011, the first having occurred on June 15, 2011. Asia, Australia and other areas of the Pacific had the best visibility of the spectacle.

Winner of SAFF Championship: India won the South Asian Football Federation (SAFF) Championship for the sixth time on December 11, 2011 in New Delhi. India defeated first time entrant in the final Afghanistan to emerge champion.

Mariano Rajoy Spain's new Prime Minister: Mariano Rajoy was sworn in as the new Prime Minister of Spain on December 21, 2011 after his Popular Party won a landslide victory in November 20, 2011 elections on promises to lift Spain out of economic turmoil.

Egyptian Parliamentary elections: Islamist parties won 70% of parliamentary posts in Egypt's first and second of three rounds of national elections in November-December 2011 with Muslim Brotherhood's Freedom and Justice Party and the fundamentalist al-Nour Party gaining hugely in these two phases.

Virender Sehwag: Virender Sehwag (of India) on December 8, 2011 created history by becoming the highest scorer with his stupendous 219 runs off 149 balls in a One-Day inning in the fourth ODI against the West Indies in Indore. He is the second cricketer after Sachin Tendulkar to score a double century and surpassed his record of 200 (not out) against South Africa in February 2010.

Russian Parliamentary elections: Russian Prime Minister Vladimir Putin's United Russia secured absolute majority by gaining 238 out of 450seats in the new State Duma (the lower house of Parliament) in parliamentary elections held in December 2011. The ruling United Russia, which gained 49-32 per cent of votes, lost a constitutional majority but kept an absolute majority in the new State Duma.

Current Affairs January 2012 Questions and Answers Part-I

Important Current Affairs January 2012 Questions and Answers

India Registered Lowest Growth in Last Two Years: The tremors of eurozone debt crisis have started impacting exports in India which registered 10-8% growth at $ 19-8 billion in October 2011—the lowest in the last two years since October 2009 when it contracted by 6-6 per cent.

Union Cabinet Cleared Lokpal Bill Draft: The Union Cabinet chaired by the Prime Minister Dr. Manmohan Singh cleared the Lokpal Bill on December 20, 2011 with the provision of group C and D employees coming under it while Central Bureau of Investigation will remain with Department of Personnel and Training. The Bill was passed in the Lok Sabha on December 27,2011.

Sunil Chetri-AIFF Player of the year: Sunil Chetri who played 17 international matches and scored 13 goals in 2011 has been named the All India Football Federation's Player of the year 2011—It is the highest recognition for an Indian footballer and has been received by Sunil Chetri for the second time first time in 2007.

Dam 999 has made it to the Oscars Eligibility List:  The controversial film Dam 999, (banned in Tamil Nadu) depicting collapse of dam has made it to the list of 265 films that are eligible for Best Picture Oscar at the 2011 Academy Awards. In addition its three songs have also been selected for the Academy's Original Songs Category.

Presidential Fleet Review 2011: President Pratibha Patil reviewed a fleet of 81 warships and 44 aircraft—the largest ever turnout of Indian Navy ships at the 10th Presidential Fleet Review (2011)—which is carried out once in the term of each President. The event was held off the Mumbai Coast on December 20, 2011 in which 81 warships including INS Viraat, (India's lone aircraft carrier), Shivalak and Talwar class frigates and 10 vessels of the Coast Guard were on display.

World's Shortest Living Woman : An Indian student Jyoti Amge measuring just 62-8 centimetre was on December 16, 2011 confirmed as the World's shortest living woman in the Guinness World Records. She is 18 year old

Mullaperiyar Dam: The Dam which has recently been a bone of contention between Tamil Nadu and Kerala is Mullaperiyar Dam .The Mullaperiyar Dam—a masonry gravity dam—is located on the Periyar river in Kerala but it is controlled and operated under a period lease by Tamil Nadu. The control and safety of the dam and the validity and fairness of the lease agreement signed in 1886 for 999 years again recently became the points of disputes between these two states.

Indian History Congress held at Patiala: The 72nd session of Indian History Congress was held in Patiala (Punjab) in second week of December 2011.The congress, inaugurated by Vice-President Hamid Ansari on December 10, 2011, also marked its PlatinumJubilee Celebration. Over 1000 delegates from all over India and abroad attended the congress which also held a Conference on Composite Culture of India during its session.

Young Ecologists Talk and Interact: Young Ecologists Talk and Interact (YETI)—the largest student-organised academic conference on ecology and conservation, brought together over 300 students and researchers on ecology on a single platform at Indian Institute of Technology (Guwahati) in second week of December 2011 for three days long deliberations on latest biodiversity and conservation issues.

India successfully flight tested Nag Missile: In a breakthrough in indigenous seeker technology for missiles, an RF (Radio Frequency) seeker was successfully flight-tested in anti-tank Nag missile in the Army ranges at Ahmednagar in Rajasthan on December 11,2011. It was for the first time that a millimetric wave (mm W) seeker, having all weather capability was tried for 2,000 metre range in a successful mission.

Porfirio adjudged Best film award at IFFI: The Colombian movie 'Porfirio' directed by Mr. Alejandro Landes was adjudged the Best Film and thus won the Golden Peacock Award at the 42nd International Film Festival of India (IFFI) 2011 which ended in second week of December 2011 in Panaji (Goa).

National Counter Terrorism Center: The Government of India is seriously planning to create a National Counter Terrorism Centre (NCTC) after the high-level committee headed by National Security Advisor Shiv Shankar Menon recently favoured the creation of NCTC as an executive body within the existing framework for anti-terror operations in the country.

India in December 2011 successfully tested AEW&C System: The first fully modified aircraft for the indigenously developed Indian Airborne Early Warning and Control System (AEW&C) undertook its maiden flight on December 5, 2011 at the facilities of the manufacturer at Sao Jose dos Compos in Brazil with about 1000 Mission System Components provided by the Centre for Airborne Systems (CABS) of Defence Research Development Organisation.

Ajit Wadekar adjudged C.K Nayadu Lifetime Achievement Award: Under the BCCI annual awards 2010-11 Ajit Wadekar who led India to its maiden series in the West Indies and England in 1971 was honoured with prestigious Col. C. K. Nayudu Lifetime Achievement Award at BCCI Awards function in Chennai on December 10, 2011.

Next Post -----> Current Affairs January 2012 Questions and Answers Part-II

Latest Banking Awareness Questions : Quiz -2

10 more Questions on Banking Awareness

1. Who got the 'Business Leader of the Year' award of Economic Times Corporate Excellence Awards 2011 ?

(A) Rahul Bhatia (Indigo Air¬ways)
(B) Chanda Kochar (ICICI Bank)
(C) Mukesh Ambani (RIL)
(D) Ratan Tata (Tata Group)



2.The 17th Summit of SAARC was held on 10-11 Nov., 2011 in—

(A) New Delhi (India)
(B) Dhaka (Bangladesh)
(C) Adu City (Maldives)
(D) Thimpu (Bhutan)



3 . Who was the head of the panel on direct transfer of subsidies on kerosene, LPG and fertiliser ?

(A) Y.B. Reddy
(B) Nandan Nilekani
(C) Shyamla Gopinath
(D) C. Rangrajan



4 . 12th plan (2012-17) approach paper targets annual growth rate in agriculture, forestry and fishing at—

(A) 3-5%
(B) 3-8%
(C) 4-0%
(D) 4-2%



5. The Union Cabinet has given approval in pension sector for—

(A) 26% FDI
(B) 49% FDI
(C) 51% FDI
(D) 100% FDI



6. In October 2010, eight core industries had registered 7-2% growth which in October 2011 became—
(A) 7-6%
(B) 5-2%
(C) 2-1%
(D) 0-1%



7 . Indian Financial Sector is made up of both the organised as well as the unorganised segments.Which of the following belongs to the unorganised segments ?

(A) Chit Fund
(B) Micro Finance Companies
(C) Money-lenders
(D) Cooperative Credit Societies



8. Banks are supposed to pay penalty to customers whose complaints against failed ATM cash transactions are not settled within 12 days from date of complaint. This period for settlement is further reduced. What is the revised time limit now ?
(A) 5 days
(B) 7 days
(C) 8 days
(D) 10 days



9. During the second quarter of 2011-12, which sector of the following registered the lowest growth rate ?

(A) Agriculture
(B) Industry
(C) Service
(D) All the above have equal growth



10. Which of the following core industry did not register negative growth in October 2011 ?

(A) Coal
(B) Natural Gas
(C) Crude Oil
(D) All above registered negative growth

Banking Awareness Questions: Quiz -1

15 Questions on Current Banking Awareness for the month of January-2012

Banking Awareness Questions are most likely asked in IBPS Exam.In the IBPS PO Question Paper 2011,40 % of the Questions are asked from Banking Terminology and Current Banking Affairs.For the help of Students, we are posting the Current Banking Awareness Questions.In this post we are publishing 15 Questions on Current Banking Awareness and Socio Economic Affairs.Students must read these questions and try to memorise them.

Students appearing for IBPS Specialist Officers Exam in March, 2011 must find the questions helpful in their preparation of the Exams.

1. RBI in its mid-quarter monetary policy review on Dec. 16, 2011 made—

(A) Change in repo rate
(B) Change in CRR
(C) Change in SLR
(D) No change in any policy rate



2. In second quarter of 2011-12, the GDP growth at factor cost was registered at—

(A) 7-3%
(B) 7-1%
(C) 6-9%
(D) 6-6%



3. 19th summit of ASEAN was organized between 17-19th November, 2011 in—

(A) Kuala Lumpur, Malaysia
(B) New Delhi, India
(C) Bali, Indonesia
(D) Cebu, Philippines



4. To which of the following sector, Khandelwal committed is associated with ?

(A) Banking
(B) Insurance
(C) Telecommunication
(D) Aviation



5. Which of the following saving scheme has been terminated by the government w.e.f. November 30, 2011 ?

(A) Indira Vikas Patra
(B) Kisan Vikas Patra
(C) 5 years National Savings Certificate
(D) 10 years National Savings Certificate



6. Loans provided by banks to farmers small traders come under the category of—

(A) Commercial Loans
(B) Priority Sector Lending
(C) Non-profitable loan
(D) Zero interest loan



7. Which of the following statement is true regarding Marginal Standing Facility ?

(A) It became 9-5% (raised from 9-25%) w.e.f. Oct. 25,2011
(B) This facility was started w.e.f. May 7, 2011
(C) RBI on May 3, 2011 announced to keep it 1 per cent above the existing repo rate
(D) All of the above



8. RBI has modified the validity period of issued cheques and bank drafts w.e.f. April 1, 2012. The revised validity period is—

(A) 4 months
(B) 3 months
(C) Retained at 6 months
(D) No time limit



9. Which of the following company has been awarded as 'Company of the year' in the Corporate Excellence Awards of Economic Times for the year 2011 ?

(A) Tata Motors
(B) Reliance Industries Ltd.
(C) Bajaj Auto
(D) Maruti Suzuki India Ltd.



10. As per the latest directions of IRDA, what is the maximum number of SMS to be sent from one mobile phone per day ?

(A) 100
(B) 200
(C) 300
(D) 500



11. Government in November 2011 decided to raise the authorized capital of EXIM Bank from the existing level of Rs 2,000 crore to—

(A) Rs 3,000 crore
(B) Rs 5,000 crore
(C) Rs 10,000 crore
(D) Rs 12,500 crore



12. Govt, has raised the interest rate on small savings schemes w.e.f. December 1, 2011 on the recommendations of—

(A) Shyamla Gopinath Committee
(B) Rangrajan Committee
(C) Y. B. Reddy Committee
(D) Khandelwal Committee



13. New interest rate on Public Provident Fund (PPF) has been raised from 8% p.a. to—

(A) 8-25%
(B) 8-5%
(C) 8-6%
(D) 9-0%



14. In Human Development Report 2011 India's ranking on HDI stood at 134th place with HDI value—

(A) 0-682
(B) 0-644
(C) 0-619
(D) 0-547



15. Which of the following train at present covers the maximum distance on its route ?

(A) Himsagar Express
(B) Vivek Express
(C) Himgiri Express
(D) Hawarah-Jammu Tawi Exp.

Next Post -----> 10 more Questions on Current Banking Awareness

Current Affairs January 2012 Quiz-3

10 more Current Affairs Questions for the Upcoming Competitive Exams in 2012

1. National Youth Day is observed on—

(A) January 15
(B) January 25
(C) January 30
(D) January 12



2. 'Back to Work; Why We Need Smart Government for a Strong Economy' is a book by—

(A) Bill Clinton
(B) Dr. Manmohan Singh
(C) AmartyaSen
(D) Christine Lagarde



3.India slipped down from 119th rank of 2010 in Human Development Index to—

(A) 130th rank
(B) 134th rank
(C) 140th rank
(D) 145th rank



4. The Approach Paper of 12th Five Year Plan (2012-17) targets GDP growth at—

(A) 8%
(B) 9%
(C) 10%
(D) 11%



5. The Nilekani panel set up in February 2011 recently submitted its report on—

(A) Inflation-control
(B) Lokpal Institution
(C) Public Distribution System
(D) Price-mechanism



6. India's rank in Global Hunger Index is—

(A) 60th
(B) 50th
(C) 55th
(D) 67th



7. The Third Indian to score a century and take five wickets in an innings in a Test match is—

(A) Ravindra Jadeja
(B) V.V.S.Laxman
(C) Virendra Sehwag
(D) R Ashwin



8. Roger Federer in November 2011 won Tennis Championship of—

(A) Paris Masters
(B) Swiss Indoor title
(C) ATP World Tour Finals
(D) All of the above



9. Who has been chosen the Women's Tennis Associations' (WTAs') Player of the Year 2011 ?

(A) Ana lvanovic
(B) Serena William
(C) LiNa
(D) Petra Kvitova



10. 'India's longest train service is—

(A) Himsagar Express
(B) Vivek Express
(C) GaribRath
(D) None of the above

Current Affairs January 2012 Quiz-2

15 more Current Affairs questions in the Current Affairs Quiz-2

1. The Asia—Pacific Economic Co-operation (APEC) was recently held in—

(A) Seychelles

(B) Honolulu

(C) Mauritius

(D) Pretoria

2. United States of America has signed agreement with which country to expand its military presence in—

(A) Indonesia

(B) Australia

(C) Malaysia

(D) New Zealand

3. The 19th ASEAN Summit was recently held in—

(A) Kuala Lumpur

(B) Bali

(C) Canberra

(D) Jakarta

4. Nabam Tuki is the new Chief Minister of—

(A) Meghalaya

(B) Arunachal Pradesh

(C) Tripura

(D) Manipur

5. The state which has launched Guaranteed Delivery of Public Service Act 2011 in November 2011 is—

(A) Andhra Pradesh

(B) Uttar Pradesh

(C) Rajasthan

(D) Madhya Pradesh

6. DCI which recently was in news stands for—

(A) Directorate of Criminal Investigation

(B) Director Criminal Investigation

(C) Director's Council of Investigation

(D) Directorate of Correct Innovation

7. Who among the following is known as 'Bard of Brahmaputra' ?

(A) Mehandi Hasan

(B) Jagjit Singh

(C) Bhupen Hazarika

(D) DevAnand

8. Silvio Berlusconi, resigned recently after serving three stints as Prime Minister of—

(A) Poland

(B) Italy

(C) Austria

(D) Hungary

9. As per the Forbes' list 2011 the most powerful person of the world is—

(A) Bill Gates

(B) Hujintao

(C) Mukesh Ambani

(D) Barack Obama

10. IAAF male athlete of the year 2011 is—

(A) Didier Darogba

(B) Lionel Messi

(C) Usain Bolt

(D) None of the above

11. The UNESCO Madanjeet Singh Prize for the Promotion of Tolerance and Non-violence has been conferred on—

(A) Anarkali Honaryar

(B) Abu Awwad

(C) Both of the above

(D) None of the above

12. The bollywood actor who has been appointed as the United Nations Children's Emergency Funds' (UNICEFs') National Ambassador in India is—

(A) Shahrukh Khan

(B) Salman Khan

(C) Amir Khan

(D) Saif Ali Khan

13. Who is the winner of the Indira Gandhi Prize for Peace Disarmament and Development 2011 ?

(A) Vandna Shiva

(B) Shabana Azmi

(C) Kuldip Nayyar

(D) Ela Bhatt

14. The Territorial Army of India has conferred Honorary Lieutenant Colonel rank on—

(A) Abhinav Bindra

(B) M.S.Dhoni

(C) Both of the above

(D) None of the above

15. Miss World 2011 Ivian Sarcos is from—

(A) Colombia

(B) Romania

(C) Peru

(D) Venezuela

Next Post -------->Current Affairs Quiz-3 January 2012

Current Affairs January 2012 Quiz-1

15 Most Expected Current Affairs January 2011 Quiz / Questions for Upcoming competitive Exams in 2012

In our previous posts we have posted  the Current affairs for December 2011 and continuing the trend In this post are starting a series of Quizzes on January 2012.Current Affairs January 2012 Quiz-1 comprises of 15 Questions on Current events and Current affairs of the previous months.Students must go through these Questions and try to remember them as some of them may figure out in the Upcoming competitive Exams.

1. India recently has held 6th round of talks on commercial and economic cooperation with—

(A) Sri Lanka

(B) Pakistan

(C) Bangladesh

(D) Maldives

2. The first Indian state to pass the Lokayukta Bill-2011 is—

(A) Uttar Pradesh

(B) Bihar

(C) Uttarakhand

(D) Jharkhand

3. In order to ensure greater people to people exchanges, India—Russia Visa Pact came into force on—

(A) December 15, 2011

(B) December 1, 2011

(C) December 20, 2011

(D) December 13, 2011

4. With which South Asian Country has India signed an Umbrella Pact to fight terror ?

(A) Sri Lanka

(B) Pakistan

(C) Nepal

(D) Maldives

5. Which of the following has recently given information to India about Indian account holders in foreign banks ?

(A) Denmark

(B) Finland

(C) Both of the above

(D) None of the above

6. In the last week of November 2011, India signed Revised Double Taxation Agreement with—

(A) Pakistan

(B) Nepal

(C) Myanmar

(D) Afghanistan

7. With which Arab country has India signed a Pact on transfer of sentenced prisoners ?

(A) Iraq

(B) Qatar

(C) Yemen

(D) United Arab Emirates

8. Which of the following statements is not true ?

(A) India on November 15, 2011 test-fired Agni IV missile

(B) The missile is capable of carrying nuclear warhead

(C) It has the range of attacking deep inside China

(D) This two stage missile is powered by liquid-fuel

9. Consider the following statements—

(i) China has recently launched Shenzhou-8 spacecraft in outer space.

(ii) The spacecraft was carried into orbit on a Long March-2F rocket.

(iii) The spacecraft was to dock with the Tiangong-1 laboratory module.

(iv) The launch set the stage for China to build its first space station.

Which of the above is correct ?

(A) Only(i),(ii)

(B) Only (ii) and (iii)

(C) Only (ii), (iii) and (iv)

(D) All of the above

10. A very historic peace deal was signed in Nepal on—

(A) November 10, 2011

(B) November 1, 2011

(C) November 20, 2011

(D) November 25, 2011

11. 6th G-20 Summit 2011 was held in—

(A) New York

(B) Kyoto

(C) Cannes

(D) None of the above

12. How much money is stashed illegally in tax havens ?

(A) $8 trillion

(B) $ 11-5 trillion

(C) $7 trillion

(D $6 trillion

13. As per the recent IAEA report which country is on the threshold of nuclear capability ?

(A) Libya      

(B) Iran

(C) Egypt     

(D) North Korea

14. Lucas Papademos is the new Prime Minister of —

(A) Poland

(B) Bulgaria

(C) Ukrain    

(D) Greece

15. The 17th SAARC Summit was recently organised at—

(A) Kathmandu (Nepal)
(B) Addu (Maldives)
(C) Dhaka (Bangladesh)
(D) None of the above

Next Post --------> Current Affairs Quiz-2 January 2012