Current Affairs and Gk -March Part-1 2013

Current Affairs and Gk -March 2013

25. The RBI has recently issued guidelines for new bank licences. As per these guidelines, what is the minimum paid-up capital for setting up a bank?

[A]Rs 500 crore
[B]Rs 800 crore
[C]Rs 1000 crore
[D]Rs 1200 crore

entities with sound credentials and a minimum track record of 10 years to enter the banking business. The final guidelines pave the way for corporate houses

like Anil Dhirubhai Ambani Group, Larsen & Toubro, Tatas, Mahindra and Mahindra, Life Insurance Corporation and Aditya Birla Group to enter the banking

business. The minimum paid-up capital for setting up a bank has been pegged at Rs 500 crore.The cap on the foreign investment, including FDI/FII and NRI, has

been set at 49 per cent. Also, new banks should open at least 25 per cent of branches in unbanked rural centres.

26. Who among the following is considered as the father of African literature?

[A]Wole Soyinka
[B]Chinua Achebe
[C]Pete Edochie
[D]Elechi Amadi

essayist, Achebe was perhaps best known for his first novel Things Fall Apart, which was published in 1958. The story of the Igbo warrior Okonkwo and the

colonial era, it has sold more than 10m copies around the world and has been published in 50 languages. Achebe won the Commonwealth poetry prize for his

collection Christmas in Biafra, was a finalist for the 1987 Booker prize for his novel Anthills of the Savannah, and in 2007 won the Man Booker international

prize.

27. Zillur Rahman, who recently passed away was a president of ____________?

[A]Malaysia
[B]Indonesia
[C]Bangladesh
[D]Yemen

elected him President in 2009.

28. Which among the following countries is not a part of the Southern African Customs Union (SACU)?

[A]Botswana
[B]Angola
[C]Namibia
[D]Swaziland

and Swaziland. India and South African nations are expected to conclude a preferential trade agreement by the end of this year, aimed at reducing tariffs on

certain items traded between the two sides. The India-SACU Preferential Trade Agreement (PTA) would enhance economic ties by reducing tariffs on several key

products.

29. Who among the following is the author of the book titled, ‘Gandhi before India’?

[A]Gurucharan Das
[B]Ramchandra Guha
[C]Khushwant Singh
[D]Arun Shourie

facets of Mahatma Gandhi, especially his days in South Africa in an upcoming multi-volume book. Guha, had looked at the story of modern India in his 2007

book “India after Gandhi: The history of the world’s largest democracy” for which it won the Sahitya Akademi award for English in the year 2011.

Guha’s upcoming book “Gandhi before India”, takes into account the life of Mahatma Gandhi from the time he was born in Porbandar in 1869 till his

departure to India from South Africa in July 1914.

30. . The Global Peace Operations Initiative (GPOI) was launched by the ____________?

[A]United Kingdom
[B]United States
[C]France
[D]Russia

operations support. The programme aims to build and maintain capability, capacity, and effectiveness of peace operations.

31. The President of which among the following countries recently suggested a five-point formula to improve relations with India?

[A]Pakistan
[B]Bangladesh
[C]China
[D]Sri Lanka

bilateral ties, as the new leadership in Beijing takes control following a once-in-ten year change. Mr. Xi proposed five steps to boost ties:

32. The Chashma nuclear power complex, which is often in news is located in which among the following countries?

[A]China
[B]Pakistan
[C]Israel
[D]Iran

will violate Beijing’s promises under an international anti-nuclear weapons accord. According to U.S. intelligence and diplomatic officials, the secret

agreement for the Chashma 3 reactor was signed in Beijing during the visit by a delegation from the Pakistan Atomic Energy Commission from Feb. 15 to 18.

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