Current Affairs(2014) Series 6

Q.1) _________ is the money paid out from an account either from a withdrawal or a transaction that result in decreasing the cash balance.
1) Debit
2) Equity
3) Debenture
4) Bond
5) None Of theses
Correct Ans:
1


Q.2) The mission of _____________is to promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives.
1) RBI
2) RRBs
3) NABARD
4) SIDBI
5) None Of theses
Correct Ans:
3 "
The mission of NABARD is to promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives.
 · Its  Institutional Department has been initiating various programmes and initiatives for strengthening of cooperatives since 1972. "


Q.3) What does letter ‘L’ denotes in CAMELS ratings?
1) Leverage
2) Liability
3) Liquidity
4) Lien
5) None Of theses
Correct Ans:
3 ">
CAMELS
 C– Capital Adequacy
 A– Asset Quality 
 M– Management Quality 
 E– Earnings 
 L – Liquidity 
S– Sensitivity to Market Risk"


Q.4) India and Maldives have agreed to jointly patrol and conduct surveillance to strengthen maritime security in __________region. 
1) Bay of Bengal
2) Pacific Ocean
3) Indian Ocean
4) Atlantic Ocean
5) Arctic Ocean
Correct Ans:
3 "
India and Maldives have agreed to jointly patrol and conduct surveillance to strengthen maritime security in Indian Ocean region."


Q.5) Recently who has been conferred with the highest honour of the Rotary Club  Award of Honour in New Delhi?
1) President of India, Pranab Mukherjee
2) Prime Minister of India, Dr. Manmohan Singh
3) Former President of India, Dr. A.P.J. Abdul Kalam
4) Dalai Lama
5) None Of theses
Correct Ans:
1 "
The President of India, Pranab Mukherjee was conferred Award of Honour in New Delhi. The award was presented by Ron Burton, President of Rotary International at Rashtrapati Bhavan."