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Current Affairs - 1 October 2014

What is the name of the social network belonging to search engine Google whose operations were closed from 30 September 2014?

  • Orkut
    Orkut was Google’s first foray into the social networking space, which failed to take off due to tough competition from rival services such as Facebook and Twitter. Orkut was started in 2004 and it initially caught the fancy of youth all over the world. While Orkut wasn’t a big success across the world, it was very popular in India and Brazil. Google later launched another social network called Google+, which turned out to be far more popular than Orkut. Google stated that the growth of communities of YouTube, Blogger and Google+ outpaced Orkut’s growth and hence it was decided to bid Orkut farewell.

The Reserve Bank of India (RBI) presented its 4th Bi-monthly Monetary Policy review on 30 September 2014. As was widely expected, RBI kept the major rates unchanged as the central bank kept its focus on tackling inflation. What are the major rates and projections coming out of this review?

  • - GDP growth rate projected at 5.5% for current fiscal
    - The high growth rate during Q1 (Apr-June 2014) may not be sustained in Q2 and Q3
    - Consumer Price Index (CPI)-based inflation projected to remain at 8% by Jan 2015 and 6% by Jan 2016
    - Repo rate (short term lending rate) unchanged at 8%
    - Cash Reserve Ratio (CRR) unchanged at 4%
    - Statutory Liquidity Ratio (used for unlocking banking funds) retained at 22%
    - The liquidity rate under Export Credit Refinance (ECR) reduced from 32% to 15% (w.e.f. 10 October 2014)

Which country is witnessing a civil disobedience movement named ‘Occupy Central’ demanding electoral reforms in the country?

  • – Hong Kong
    The ‘Occupy Central’ movement started in Hong Kong from 28 September 2014. The movement was the brainchild of Benny Tai Yiu-ting, an associate professor of law at the University of Hong Kong, who founded the movement in 2013. The primary demand of the movement is the implementation of universal suffrage for the chief executive election in 2017 and the Legislative Council elections in 2020 according to international standards. Thousands of protestors participated in the movement which paralysed Hong Kong’s financial district through massive road blocks.

What was the name of the 14-day India-US military exercise held in Uttarakhand that concluded on 30 September 2014?

  • “Yudh Abhyas 2014″
    “Yudh Abhyas 2014″ that commenced from 17 September 2014 was held with the objective of strengthening and broaden inter-operability and cooperation between Indian and the United States. The exercise was the 10th edition of “Yudh Abhyas” series, which started in 2004 under the US Army Pacific Partnership Programme. The exercise operations were held in Ranikhet and Chaubatia areas of Uttarakhand.

What are the names of two Indian referees scripted Indian football history when they officiated in the Asian Games women’s semifinal match featuring Women’s World Champions Japan in Incheon on 30 September 2014?

  •  – Maria Rebello Piedade and Uvena Fernandes
    This was the first time an Indian woman referee has officiated in a match featuring a current World champion. Maria adjudicated the match while Urvena was the assistant referee. Maria was the first-ever woman referee in the world to supervise a premier league match of any country when she officiated an I-League match held on 8 March 2014 between Pune and Shillong Lajong.

Which Indian pharmaceutical company has emerged the world’s largest manufacturer of Foot and Mouth Disease (FMD) vaccine as announced by the company on 30 September 2014?

  • – Indian Immunologicals Ltd (IIL)
    IIL is world’s largest vaccine manufacturing company and was established in 1983 by the National Dairy Development Board (NDDB). The company is renowned for developing veterinary and human vaccines for foot-and-mouth (FMD) disease, rabies, bacterial vaccines, canine vaccines, hepatitis, measles, MMR and DPT. The company currently meets the bulk of the vaccine requirement for the FMD control programme in India. It has supplied over a billion doses and is gearing up to meet the surge in demand due to the expansion of the programme in the coming years at a competitive price.


  • 1. Which of the following statements not correctly mentioned, relating to the powers of banks under SARFAESI Act 2002?
    1) Serving the demand notice to the defaulting borrower and guarantor, calling upon them to discharge their dues in full within 60 days from the date of the notice.
    2) Issuing the notice to any person who has acquired any of the secured assets from the borrower to surrender the same to the Bank.
    3) Asking the borrower not to leave the place of his residence till the realization of bank dues as mentioned in the bank notice.
    4) Ask any debtor of the borrower to pay any sum due or becoming due to the borrower.
    5) All above powers available to borrower.
  • 2. Borrower after approaching DRT, can approach DRAT also. DRAT stands for .......
    1) Debt Recovery Administrative Tribunal
    2) Debt Recovery Appellate Tribunal
    3) Debt Roll Administrative Tribunal
    4) Debt Repay Administrative Tribunal
    5) None of above
  • 3. It is rule that the borrower or guarantor has to deposit ......... of the dues before an appeal with Debt Recovery Appellate Tribunal (DRAT).
    1) 40%
    2) 30%
    3) 20%
    4) 50%
    5) None
  • 4. Who among the following are the Parliamentarians who has / have been conferred the Outstanding Parliamentarian award by the President Pranab Mukherjee recently?
    1) Arun Jaitley
    2) Sharad Yadav
    3) Karan Singh
    4) All the above
    5) None of these
  • 5. China Book Award conferred on ...........
    1) Damni Singh
    2) Natwar Singh
    3) Priyadarsi Mukherji
    4) Rani Vatsava
    5) None of these
  • 6. Which Indian scientist has been elected to the Commission on the Limits of Continental Shelf (CLCS), the UN entity recently?
    1) Tej Vijender Singh
    2) R.K. Sinha
    3) Rasik Ravindra
    4) Anil Kakodkar
    5) Jayant Narlikar
  • 7. On 28 August 2014, Recep Tayyip Erdogan sworn in as President of .........
    1) Brazil
    2) Panama
    3) Scotland
    4) Afghanistan
    5) Turkey
  • 8. P. Sathasivam, the Ex-Chief Justice of India has been appointed the new governor of....
    1) Kerala
    2) AP 3) Gujarat
    4) Manipur
    5) Mizoram
  • 9. Prime Minister Narendra Modi appointed Ramanujam committee on 27 August 2014 to identify ..........
    1) Obsolete laws
    2) Non beneficiaries of financial inclusion
    3) IT penetration in rural areas
    4) INTERPOL wanted persons in India
    5) None
  • 10. In order to examine the un-claimed amount in Public Provident Fund (PPF) and the unclaimed amount in the Post Office and Savings Schemes, a committee was appointed under the chairmanship of .......
    1) Aditya Puri
    2) D. Subba Rao
    3) Y.V. Reddy
    4) H.R. Khan
    5) Narsinga Rao
  • 11. Which committee submitted proposals on the establishment of new capital of Andhra Pradesh?
    1) Prathyusha Sinha
    2) Kamalanathan
    3) Sivaramakrishnan
    4) Justice Krishna
    5) None
  • 12. Committee on Cost Records and Cost Audits set up by Union Ministry of Corporate Affairs headed by ..............
    1) Bachawath
    2) M.B. Sha
    3) R.S. Sharma
    4) Kamalanathan
    5) Prathyusha Sinha
  • 13. ‘One Life is Not Enough’ is the autobiography written by ..........
    1) Sonia Gandhi
    2) Rahul Gandhi
    3) Kushwanth Singh
    4) Priyanka Gandhi
    5) Natwar Singh
  • 14. 'The Vijay Mallya Story' written by ..........
    1) Ved Prakash
    2) Santhan Porious
    3) Neelima Shastri
    4) Mubee Jes
    5) K. Giriprakash
  • 15. 'Assassination of Rajiv Gandhi: An Inside Job' is the book written by ...............
    1) Faraz Ahmad
    2) Romilla Thaper
    3) Natwar Singh
    4) Jayanthi Natarajan
    5) None
  • 16. Books of Arundhati Roy given. Pick the wrong one.
    1) Capitalism: A Ghost Story
    2) Discovery of India
    3) Walking with the Comrades
    4) The Cost of Living
    5) The God of Small Things
  • 17. Notable book series written by J. K. Rowling is .............
    1) Archie comic series
    2) Malgudi days
    3) Tom and Jerry comic series
    4) Harry Potter series
    5) None
  • 18. 'Redesigning the Aeroplane While Flying: Reforming Institutions' written by ..........
    1) Anitha Desai
    2) Ashok Gajapathi Raju
    3) Arun Maira
    4) Ramnath Singh
    5) Stephen Hawking
  • 19. Army forces backed by US air strikes got control of Amerli town on 31 August 2014.
    Amerli is located in ..............
    1) Iraq
    2) Iran
    3) Afghanistan
    4) Pakistan
    5) None
  • 20. On 19 August 2014 India and which nation signed a memorandum of understanding (MoU) on technical cooperation in railway sector?
    1) USA
    2) Japan
    3) UK
    4) Norway
    5) Czech Republic
  • 21. World Free Zones Organization (WFZO), a platform for boosting cooperation among free zones globally, was launched with its headquarters in ................
    1) Rome
    2) New Delhi
    3) Dubai
    4) Ottawa
    5) Manila
  • 22. Legendary actor Dilip Kumar's ancestral home has been declared as a national heritage by ..................
    1) Bangladesh
    2) Pakistan
    3) Sri Lanka
    4) Dubai
    5) Saudi Arabia
  • 23. Which insurance company has introduced an "insurance on wheels" concept for faster renewal of policies recently?
    1) Bajaj Allianz
    2) ICICI Lombard
    3) National Insurance Company
    4) Oriental Insurance Company
    5) ICICI Prudential
  • 24. India ranked fifth amongst top ten wind power producers in the world. The top producer is ...............
    1) Germany
    2) Spain
    3) Australia
    4) China
    5) USA
  • 25. Who has formulated the scheme Swami Vivekananda Single Girl Child Scholarship for Research in Social Sciences?
    1) CBSE
    2) AICTE
    3) UGC
    4) NAAC
    5) IIT Delhi
  • 26. Which AICTE scheme envisages selection of one girl per family where family income is
    less than 6 lakhs / annum on merit at the qualifying examination to pursue technical education?
    1) ROSHNI
    2) ASHA
    3) PRAGATI
    4) CATER
    5) RMSA
  • 27. AICTE has decided to award 1000 scholarships per annum under which scheme to differently abled students to pursue technical education based on merit in the qualifying examination to pursue technical education?
    1) Saksham
    2) ENROL
    3) UDAAN
    4) Sarva Shiksha Abhiyan
    5) RANK
  • 28. UGC has launched a special scholarship Scheme Ishan Uday for ...... from the academic session 2014-15.
    1) North east students
    2) Minority students
    3) SC, ST students
    4) Physically challenged students
    5) None
  • 29. Which comprehensive plan brings selected students from the school and college levels from the North-Eastern states into close contact with the IITs, NITs etc?
    1) Bharathi
    2) PRADHAN
    3) Ishan Vikas
    4) SELECT
    5) PRADHAM
  • 30. ......was launched on 26th August, 2014, to focus on the quality of foundational learning so that each child attains appropriate learning levels in classes I and II for reading, writing language comprehension and numeracy.
    1) Padhe Bharat Sabka Bharat
    2) Padhe Bharat Aage Bharat
    3) Padhe Bharat Badhe Bharat
    4) Padhe Bharat Mera Bharat
    5) None
  • 31. Which portal has been developed for helping a prospective student make a valued judgment of the college he / she wishes to join by providing him / her the necessary information about the same?
    1) Mera Samstaan
    3) Know your College Portal
  • 32. The World No Tobacco Day (WNTD) is observed around the world every year on...
    1) May 22
    2) May 23
    3) May 25
    4) May 29
    5) May 31

  • 33. Dr. S. Radhakrishnan Post Doctoral Fellows in Humanities and Social Sciences including Languages initiated by.......
    1) AICTE
    2) CBSE
    3) ICSE
    4) UGC
    5) None
  • 34. Annual International Day to End Obstetric Fistula is observed on...
    1) May 23
    2) May 20
    3) May 27
    4) May 28
    5) None of above
  • 35. Parents of students of Government and Government aided schools accessing updates on their child’s progress regarding attendance, assignments, and achievements through a mobile application is known as .....
    1) Shaala Darpan
    2) Padham Padham se
    3) Progress CARD
    5) None

    1-3, 2-2, 3-4, 4-4, 5-3, 6-3, 7-5, 8-1, 9-1, 10-4
    11-3, 12-3, 13-5, 14-5, 15-1, 16-2, 17-4, 18-3, 19-1, 20-5
    21-3, 22-2, 23-3, 24-4, 25-3, 26-3, 27-1, 28-1, 29-3, 30-3.
    31-3, 32-5, 33-4, 34-1, 35-1

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