Current Affairs and Gk -March Part-1 2013

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Current Affairs and Gk -March 2013

9. Which among the following Indian IT major has been recognised for the second year as one of the world’s most ethical firms by business ethics think-tank

Ethisphere Institute?

[A]Tata Consultancy Services
[B]Cognizant Technologies
[C]Wipro
[D]Infosys




Wipro
Indian IT bellwether Wipro has been recognised for the second year as one of the world’s most ethical firms by business ethics think-tank

Ethisphere Institute. As a leading US-based international organisation dedicated to creation, advancement and sharing of best practices in business ethics,

governance and anti-corruption and sustainability, the institute selects global firms that embrace ethical business practice and demonstrate industry

leadership, forcing peers to follow them.




10.The first women’s Government Medical College of independent India is located in __________?

[A]Bihar
[B]Uttar Pradesh
[C]Maharashtra
[D]Haryana




Haryana
Bhagat Phool Singh Medical College is a government run medical college at Khanpur Kalan in the Sonepat district of Haryana in India. It is the

first women’s Government Medical College of independent India and the first such institution in North India since Delhi’s Lady Hardinge Medical College that

was established in 1914. The college was inaugurated on International Women’s Day, 2013 by Sonia Gandhi, the chairperson of India’s ruling coalition, the

United Progressive Alliance.



11. The Union Budget 2013-14 has pegged the fiscal deficit for the current year at___:

[A]4.5 per cent
[B]5 per cent
[C]5.2 per cent
[D]5.6 per cent




5.2 per cent
Finance Minister P Chidambaram in his budget 2013 speech said that the fiscal deficit for the current financial year has been curtailed at

5.2% of the Gross Domestic Product (GDP). This is lower than the estimated fiscal deficit target of 5.3%. The fiscal deficit target for the coming financial

year was announced at an anticipated 4.85 of the GDP. The Economic Survey 2013 said that the country is likely to hit a fiscal deficit target of 5.3 percent

of GDP this year despite a significant shortfall in revenue. Chidambaram’s announcement has come in lower than the survey’s estimates.



12. Union Budget 2013-14 has proposed to levy a surcharge of 10 percent on individuals whose annual taxable incomes exceeds __:

[A]50 lakhs
[B]75 lakhs
[C]1 crore
[D]2 crores




1 crore
Finance Minister P. Chidambaram proposed to levy a surcharge of 10 percent on individuals whose annual taxable incomes exceed Rs.1 crore. The

surcharge will be levied for the 2013-14 financial year. Presenting the union budget 2013-14 to the lower house of the parliament, Chidambaram said there are

only 42,800 individuals in the country who will be liable to pay the surcharge. The finance minister urged such high networth individuals to follow the

example of industrialist Azim Premjee, who recently gave $2.3 billion to an education charity he controls, reportedly the biggest charitable donation in the

country’s recent history. Chidambaram also increased the surcharge on domestic companies whose annual income crosses Rs.10 crore from five percent to 10

percent.



13. International Court of Arbitration at the Hague has recently ruled in favour of India as Pakistan has objected the construction of a power project. The

power project in question is __:

[A]Nimoo Bazgo project
[B]Baglihar project
[C]Kishanganga project
[D]Tulbul navigation project




Kishanganga project
India hailed the recent verdict of an International Court of Arbitration at the Hague on the Kishanganga hydroelectric project.

Recently, an International Court of Arbitration at the Hague has ruled in favour of India on the Kishanganga hydroelectric project and upheld India’s right

to divert water from the hydroelectric project to Kashmir. Pakistan had objected the hydroelectric project on grounds that it violated the provisions of the

Indus Waters Treaty of 1965. Pakistan had moved for arbitration in May 2010, claiming India was trying to divert the Jhelum River and the project would rob

it of 15 percent of its share of river waters. India had claimed the Indus Waters Treaty gave it the right to transfer waters between the Jhelum’s

tributaries to generate hydropower. Pakistan has been objecting to the construction of the hydroelectric project on the Kishanganga River in Kashmir, which

is called Neelum upon entering Pakistan. In November 2009, Pakistan had proposed the establishment of a Court of Arbitration and the appointment of a neutral

expert to resolve the Kishanganga dam dispute.



14. What is the name of the new version of Office software launched by the Microsoft?

[A]Office 8
[B]Office 2013
[C]Office 38
[D]Office 365




Office 365
Software giant Microsoft launched the latest version of its Office 365 solution for businesses in India, which will enable them to access

emails and other productivity tools from a variety of devices. The new Microsoft Office 365 is a comprehensive suite with Word, PowerPoint, Excel, Outlook,

OneNote and Access. It provides seamless sharing of data across multiple devices like desktops, laptops, mobiles and tablet PCs and since the solution is

cloud-based, users can access their mails and files while on the move.



15. As per a recent government decision, one major port is to be developed in each of Andhra Pradesh and West Bengal. What is the current number of Major

Ports in India?

[A]10
[B]12
[C]14
[D]14




12
The government said it will set up a port each at Andhra Pradesh and West Bengal in 2013-14, to effectively handle increased cargo traffic. Ministry

of Shipping, in the Maritime Agenda 2010-20, had proposed setting up of two major ports — which handle heavy cargo traffic — in the country. At present

there are 12 major ports in India — Mumbai, Jawaharlal Nehru Port Trust (JNPT), Kolkata (with Haldia), Chennai, Cochin, Paradip, New Mangalore, Marmagao,

Ennore, Tuticorin, Kandla and Visakhapatanam. This move is aimed at catering to increased import of coal and oil and container volumes in the years to come.




16. World’s biggest wildlife summit was held in which among the following countries recently?

[A]Seoul
[B]Bangkok
[C]Hanoi
[D]Colombo




Bangkok
Recently, Thailand’s Prime Minister pledged to outlaw her nation’s legal domestic ivory trade. Thailand is the key place where illegal ivory

from Africa is laundered into products destined for their biggest market in China. The announcement came on the opening day of the world’s biggest wildlife

summit in Bangkok. The two-week meeting of the 178 nations that form the Convention on International Trade in Endangered Species (Cites) faces bitter battles

over improved protection for polar bears and ending “trophy” hunting for rhinos. It aims to tackle the trade in shark fins, which kills 100 million sharks

each year.



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