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Current Affairs 2010 - Questions and Answers

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166. Which of the following is the objective of Foreign Trade (Development and Regulation) Amendment Bill passed by both houses of parliament recently?
A. Gives government powers to impose restrictions on import of goods
B. Gives government powers to impose restrictions on export of essential commodities
C. Gives government powers to inspect foreign cargo passing through Indian ports
D. Gives government powers to provide subsidies to Indian exporters
Explanation:
167. Which of the following became the second Credit Information Company (CIC) after Credit Information Bureau Ltd to start functioning recently?
A. Credit Rating and Information Services of India Ltd.
B. Experian Credit Information Co
C. Indian Credit Rating Agency
D. Equifax Information Services
Explanation:
168. Which Indian company was in news recently for acquiring a 60% stake in a shale gas joint venture with Carrizo Oil & Gas of the US?
A. Essar Oil
B. ONGC Videsh Ltd
C. Vedanta Resources
D. Reliance Industries Ltd
Explanation:
169. Which of the following was India’s largest employer in IT-BPO sector in 2009-10, according to figures released by NASSCOM in its annual survey recently?
A. Tata Consultancy Services Ltd
B. Infosys Technologies Ltd
C. Wipro Technologies Ltd
D. Cognizant Technology Solutions
Explanation:
170. The Reserve Bank of India (RBI) unveiled a discussion paper on entry of new banks in the private sector on August 11, 2010. Which were the last two banking licenses granted in India (in 2003)?
A. Global Trust Bank & Centurion Bank
B. YES Bank and Kotak Mahindra Bank
C. IndusInd Bank and Bank of Rajasthan
D. HDFC Bank and ICICI Bank
Explanation: