Daily Current Affairs Quiz

1. The acquisition of land in Greater Noida for residential apartments was done by UP government after invoking which section of the Land Acquisition Act?.
2. Land Acquisition Act of India came into existence in which year?.
3. MCOCA is an act to control the organized crime in which state of India?.
4. The New Zealand Prime Ministers name?.
5. IT industry veteran and Chairman of the Unique Identification Authority of India Nandan Nilekani, and his wife Rohini Nilekani have donated Rs. 50 crore to which Institute?.
6. Central Government is planing to raise the investment amount in domestic mutual funds for foreign investers other than FIIs to?.
A1. Section 17 of the Land Acquisition Act gives special powers to concerned authority wherein passing of compensation may be dispensed with and yet permits to take possession of the land notified for acquisition.The Supreme Court criticised the Uttar Pradesh government for acquiring prime agricultural land to build luxury flats in Greater Noida Supreme Court and said it was a “colourable exercise of power.”
A2. 1894. After independence in 1947, the Indian government adopted “Land Acquisition Act-1894” as a tool for land acquisition.Despite vrious amendments the administrative procedures have remained same.
A3. Maharashtra Control of Organised Crime Act came into existance in 1999.The seven persons accused for killing senior crime reporter Jyotirmoy Dey were arrested under MCOCA.
A4. John Key. India and New Zealand were likely to sign the Free Trade Agreement (FTA) by early next year.
A5. Indian Institute for Human Settlements (IIHS). IIHS is India’s first prospective independently funded and managed National University for Innovation that focuses on its ongoing urban and development transformation.India’s urban population is expected to increase from a little under 350 million in 2011 to about 800 million by 2050, an increase of an astonishing 500 million persons. At this point, urban India will account for more than half of the country’s population. The couple said in a statement that “IIHS is at the convergence of both our interests in education, urbanisation and sustainability.”
A6. $10billion.This class of investors, called qualified foreign investors (QFIs) but not FIIs, will be able to invest money in domestic mutual funds through unit confirmation receipts (DPs) or through the depository participant route.QFIs could be individuals and bodies, including pension funds, and cumulatively they could invest up to $10 billion