Through current affairs online test series, currentaffairsindia.info presents the most relevant model questions on Indian Current Affairs. These questions are applicable to Civil Service Prelims(CSAT 2013), Railway Recruitment Exams, Bank PO and clerical exams and various other competitive exams. The questions are framed from Government releases, various major news papers etc. Any comments/doubts are welcomed!! 

1. Which among the following are true about the Financial Sector Legislative Reforms Commission?

1. The commission suggested a super regulator called Unified Financial Agency, merging oversight functions of market, commodity, insurance and pension regulators

2. RBI will come under the proposed Unified Financial Agency

3. The proposed agency will have the power to manage banking operations and monetary policy

4. The commission was headed by Justice B. N. Srikrishna

Select the correct answer using the codes given below:

(a) 1, 2 and 4 Only

(b) 2 and 4 Only

(c) 1 and 4 Only

(d) 1, 2, 3 and 4

C is the right answer.
The Unified Financial Agency (UFA), as suggested by the Financial Sector Legislative Reforms Commission (FSLRC), would subsume the functions of key agencies such as the Securities and Exchange Board of India, the Insurance Regulatory and Development Authority, the Pension Fund Regulatory and Development Authority and the Forward Markets Commission. Banking operations, monetary policy and payment system would continue to be regulated by the RBI. (thehindu)

2.India’s contiguous zone extends how many 24 nautical miles (NM) into the sea from the coastline.?

a) 24 nautical miles

b) 34 nautical miles

c) 14 nautical miles

d) 25 nautical miles

A is the right answer.
India’s contiguous zone extends 24 nautical miles (NM) into the sea from the coastline. The contiguous zone is a band of water extending from the outer edge of the territorial sea to up to 24 nautical miles (44 km; 28 mi) from the baseline, within which a state can exert limited control for the purpose of preventing or punishing "infringement of its customs, fiscal, immigration or sanitary laws and regulations within its territory or territorial sea". This will typically be 12 nautical miles (22 km; 14 mi) wide, but could be more or less, if it would otherwise overlap another state's contiguous zone.

3. Name the experiment conducted in International Space Station to study the dark matter in Universe.?

a) Dark Spectrometer

b) Gamma Magnetic Spectrometer

c) Beta Magnetic Spectrometer

d) Alpha Magnetic Spectrometer

D is the right answer.
An international experiment aboard the International Space Station reported the observation of an excess of positrons in the cosmic ray flux, the source of which could be the elusive dark matter.The mysterious dark matter, which is believed to account for a quarter of the universe’s mass-energy balance and is distributed isotropically — invariant with respect to direction — in the space, can be observed indirectly through its gravitational interaction with visible matter but is yet to be directly detected. The search for dark matter is one of the objectives of this space-borne AMS even as it is being actively searched for in ground-based experiments such as the Large Hadron Collider (LHC) and other experiments in deep underground experiments.(thehindu)

4. Nitaqat is a term which is recently in news. It is?

a) Naturalisation law in Saudi Arabia

b) Naturalisation law in Bangladesh

c) Naturalisation law in Iran

d) Naturalisation law in Pakisthan

A is the right answer.
It is reported that around two million foreign workers will lose their jobs because of the strict implementation of the Nitaqat law. Labour inspectors and police officers are now routinely conducting raids on enterprises suspected of employing illegal workers (thehindu)

5. Name he Indian sport person who was arrested for taking drugs

a) Vitrat Kohli

b) Sunil Kumar

c) Karnam Malleshari

d) Vijender Singh

D is the right answer.
Punjab police claimed that Olympic bronze medallist Vijender Singh consumed heroin at least 12 times after procuring it from alleged drug dealer Anoop Singh Kahlon, an NRI who has already been arrested in the case. The police claimed their probe established that Ram Singh and Vijender took heroin from Kahlon and his associate Rocky for personal consumption between December 2012 and February 2013.

6. Ministry of Food Processing Industries has decided to establish Food Testing Labs (FTL) and Food Processing Business Incubation Centres (FPBIC) in which geographical area?

a) Latin America

b) Europe

c) North America

d) Africa

D is the right answer.
Grabbing the opportunity in extending a helping hand for developing nations in the African Union, Ministry of Food Processing Industries has decided to establish Food Testing Labs (FTL) and Food Processing Business Incubation Centres (FPBIC) in the member countries. Each FTL will be established at an estimated cost of Rs. 10 crore. These will come up in Zimbabwe, Gambia, The Republic of Congo, Rwanda and Nigeria. A food processing cluster can process about 2.5 lakh tonnes of raw material per year will come up in one of the AU nations at an estimated cost of Rs. 117 crore. The project would be completed in three years after selection of location.

7. World Telugu Federation’s (WTF) 10th biennial international conference is scheduled in which country?

a) Malaysia

b) India

c) Singapore

d) United States

A is the right answer.
The World Telugu Federation’s (WTF) 10th biennial international conference to promote and build networks and forge new business alliances among the Telugu diaspora, is scheduled for April 12-14 at Kuala Lumpur in Malaysia. WTF, a not-for-profit, non-political organisation, will conduct business seminars to provide an opportunity for the Telugu people across the world to establish industries in India and to enhance their science and technology capabilities

8.According to the new anti-rape bill, the age for consensual sex is?

a) 15 years

b) 17 years

c) 18 years

d) 20 years

C is the right answer.
The law has fixed age for consensual sex at 18 years. New sections to prevent stalking and voyeurism were introduced following a strong demand from women’s organisations. The amendments seeks to define and prescribe punishment for the offences of stalking, voyeurism and sexual harassment. The law also seeks to widen the definition of rape, broaden the ambit of aggravated rape and enhance the punishment for such crimes. It also provides that all hospitals shall immediately provide first aid and/or medical treatment free of cost to the victims of acid attack or rape, and failure to do so will attract punishment.

9. Which International Organization has agreed to provide approximately one billion euros to the 10 billion euro rescue plan for cash-strapped Cyprus?

a) International Monetary Fund

b) World Bank

c) IFC

d) European Central Bank

A is the right answer.
The International Monetary Fund has agreed to provide approximately one billion euros to the 10 billion euro rescue plan for cash-strapped Cyprus. The IMF, European Commission and European Central Bank agreed with Cyprus the terms of a programme that will see the country drastically downsize its bloated banking sector and put state finances in order.

10. Name the UAE developer which is planning to launch $1 bn property project in India

a) DAMAC Properties

b) Lulu

c) Smart Com

d) UAE Builders

A is the right answer.
Dubai-based private developer DAMAC Properties has said it is launching phase two of a $1 billion project of luxury hotel and serviced residences to Indian investors, following a sell-out event in Dubai. ’DAMAC Towers by Paramount’, is being developed on platinum real estate in Dubai overlooking the world’s tallest tower Burj Khalifa.

If you are able to answer 7 questions, your preparation is satisfactory

Incoming keywords 1. Current Affairs online test series. 2. Current Affairs Quiz 2013. 3. India Current Affairs Quiz 2013. 4. India Current Affairs Quiz April 2013.