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Current Affairs 2012 - Questions and Answers

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81. Planning Commission Deputy Chairman Montek Singh Ahluwalia, on 06th July, 2012, conceded that achieving a GDP expansion of __ through the XII Plan would require a ‘major effort.’
A. 8 per cent
B. 9 per cent
C. 9.5 per cent
D. 10 per cent
Explanation:
82. As per the data released in New Delhi on India’s exports and imports in July 2012, which of the following statements is/are correct?a. Sharp compression in imports and declining exports has narrowed the trade deficit to a 15-month low of $10.3 billion in Juneb. In June 2011, the rate gap stood at $14.42 billionSelect the correct answer using the codes given below
A. Only a
B. Only b
C. Both a and b
D. Neither a nor b
Explanation:
83. Market regulator Securities and Exchange Board of India (SEBI), in July 2012, granted permission to MCX Stock Exchange (MCX-SX) to operate as a full-fledged stock exchange which would be able to offer additional asset classes such as
A. Equity and equity F&O (Future and Options)
B. Interest rate futures
C. Wholesale debt segiments
D. All of the above
Explanation:
84. Venezuelan President Hugo Chavez, in July 2012, unveiled a digitised 3-D image of which leader, based on remains exhumed two years ago to determine whether the South American independence hero was murdered?
A. Che Guevara
B. Simon Bolivar
C. Alfred Allende
D. Kirk Bishop
Explanation:
85. In the data released by the Commerce Ministry in July 2012, the decline in exports in May was particularly witnessed in top exporting commodities such as
A. Petroleum products and engineering goods
B. Gems and Jewellery
C. Readymade garments
D. All of the above
Explanation: