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Current Affairs 2012 - Questions and Answers

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26. International ratings agency Standard and Poor’s Ratings Services (S&P), on 09th July, 2012, announced to have raised its long-term corporate credit rating on which of the following to ‘BB’ from ‘BB’- with a positive outlook?
A. State Bank of India
B. Kingfisher Airlines
C. Tata Motors
D. All of the above
Explanation:
27. A cargo ship carrying humanitarian aid from the U.S. to Cuba-in the first expedition of its kind in 50 years-arrived in Havana in July 2012. What was the name of this ship?
A. Mary Rose
B. Ana Cecilia
C. Catherine Pie
D. Shay Doron
Explanation:
28. Serena Williams, on 07th July, 2012, grabbed her fifth Wimbledon title with a 6-1, 5-7, 6-2 victory over Aznieszka Radwanska of
A. Romania
B. Croatia
C. Poland
D. Lithuania
Explanation:
29. The Central Board of Excise and Customs (CBEC) on 10th July, 2012, clarified that remittances from abroad would not attract
A. Excise Duty
B. Custom Duty
C. Service Tax
D. Sales Tax
Explanation:
30. The International Monetary Fund (IMF), in July 2012, marginally reduced India’s growth projections from 6.8 per cent to 6.1 per cent for 2012 and from 7.2 per cent what per cent in 2013?
A. 6.9 per cent
B. 7 per cent
C. 6.5 per cent
D. 6.3 per cent
Explanation: