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Current Affairs and Gk -August 2013 part-2

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Current Affairs and Gk -August 2013

Important current affairs and Gk questions of August month for IAS, RAS, SSC CGL, UPSC, BANK PO, UPSC,RPSC, Bank exams and all other exams.If you like the post kindly give rating.
Useful for any competitive exam like IAS, bank PO, SSC CGL, RAS, CDS, UPSC exams and all state related exams.

201. Who among the following benefit in the short term by the steep depreciation in Rupee?

[A]Only 1 & 2
[B]Only 2 & 4
[C]Only 2
[D]Only 1 & 3




Only 2


202. Exporters

[A]931
[B]938
[C]943
[D]954




943


203. Importers

[A]6.3%
[B]7.8%
[C]8.9%
[D]9.3%




7.8%
There are about 35 million taxpayers in the country. In 2012-13, the Centre’s tax to-GDP ratio stood at 7.8 per cent. India’s tax-to-gross domestic product (GDP) ratio is among the lowest in the world.


204. Indian Tourists who visit USA

[A]Minister of Consumer Affairs
[B]Ministry of Finance
[C]Ministry of Agriculture
[D]Ministry of Commerce




Minister of Consumer Affairs
In recent times, the finance ministry is pitching for bringing the Forward Market Commission under its purview from the consumer affairs ministry at present. Consumer Affairs Ministry has agreed to the proposal in the wake of deepening payment crisis at NSEL.


205. According to the Companies Bill 2013, which among the following companies have to shell out some amount towards Corporate Social Responsibility (CSR) and sustainability activities?

[A]Only 1 & 2
[B]Only 2 & 3
[C]Only 1, 2 & 3
[D]1, 2, 3 & 4




Only 1 & 2
State-run firms, having less than Rs 100 crore Profit After Tax (PAT), are required to shell out 3 to 5% of that amount towards CSR and sustainability activities. In the case of companies having PAT of Rs 100 to 500 crore, the limit is 2 to 3%. For entities having PAT of Rs 500 crore and above, the spending level is fixed at 1 to 2%. Meanwhile, the CSR norms would be applicable for private companies having either net worth of Rs 500 crore or more; turnover of Rs 1,000 crore or more; or net profit of Rs 5 crore or more.


206. The funds from which among the following are known to be highly concessional or interest-free loans and grants?

[A]International Bank for Reconstruction and Development
[B]International Development Association
[C]International Finance Corporation
[D]Asian Development Bank




International Development Association


207. Which among the following can help in bridging the current account deficit?

[A]Only 1 & 2
[B]Only 1, 2 & 4
[C]Only 2, 3 & 4
[D]1, 2, 3 & 4




Only 1, 2 & 4


208. The headquarters of the proposed Bhartiya Mahila Bank is ___?

[A]New Delhi
[B]Mumbai
[C]Kolkata
[D]Chennai




New Delhi
The Bharatiya Mahila Bank proposes to complete the first six branches at Mumbai, Delhi, Kolkata, Chennai, Indore and Guwahati by October 15 and take the total to 25 by March 31, 2014. Its headquarters will be at New Delhi.


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