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Articles from General Knowledge Today GK & Current Affairs: June 18, 19, 2014 2014- 06- 20 11:06:27 GKToday 1. Beiji oil ref inery, which is in news recent ly, is a largest oil ref inery in ____? [A]It aly [B]Syria [C]Iraq [D]Saudi Arabia Iraq Beiji oil refinery, the biggest in Iraq, and has a large power plant. The Beiji refinery accounts for a little more than a quarter of the country’s entire refining capacity all of which goes towards domestic consumption for things like gasoline, cooking oil and fuel for power stations. Show Answer 2. Who among the following can invest in capital markets in India through Portfolio Investment? 1. Non Resident Indians (NRIs) 2. Foreign Inst it ut ional Invest ment s (FIIs) 3. Persons of Indian Origins (PIO) Chose the correct answer from the option given below: [A]Only 1 & 2 [B]Only 2 & 3 [C]Only 1 & 3 [D]1, 2 & 3 1, 2 & 3 Foreign Institutional Investments (FIIs), Non Resident Indians and Persons of India Origin (PIO) can invest in primary and secondary capital markets in India through Portfolio Investment Scheme (PIS). Show Answer 3. Recent ly, t he RBI has recognized Micro Finance Inst it ut ion Net work (MFIN), as the Self Regulatory organization for NBFC-MFIs. The decision was taken by RBI based on the recommendations made by which committee? [A]Y H Malegam committee [B]Parthasarthi Shome committee [C]Chakrabharthy committee [D]Khan committee Y H Malegam committee The Reserve Bank of India recognized Micro Finance Institutions Network

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Articles from General Knowledge TodayGK & Current Affairs: June 18, 19, 20142014-06-20 11:06:27 GKToday

1. Beiji oil ref inery, which is in news recent ly, is a largest oil ref inery in ____? [A]Italy [B]Syria [C]Iraq [D]Saudi Arabia

IraqBeiji oil ref inery, the biggest in Iraq, and has a large power plant . The Beijiref inery accounts for a lit t le more than a quarter of the count ry’s ent ireref ining capacit y all of which goes towards domest ic consumpt ion for thingslike gasoline, cooking oil and fuel for power stat ions.

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2. Who among the following can invest in capital markets in India throughPort folio Investment?1. Non Resident Indians (NRIs)2. Foreign Inst itut ional Investments (FIIs)3. Persons of Indian Origins (PIO)Chose the correct answer f rom the opt ion given below: [A]Only 1 & 2 [B]Only 2 & 3 [C]Only 1 & 3 [D]1, 2 & 3

1, 2 & 3Foreign Inst itut ional Investments (FIIs), Non Resident Indians and Persons ofIndia Origin (PIO) can invest in primary and secondary capital markets in Indiathrough Port folio Investment Scheme (PIS).

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3. Recent ly, the RBI has recognized Micro Finance Inst itut ion Network (MFIN),as the Self Regulatory organizat ion for NBFC-MFIs. The decision was taken byRBI based on the recommendat ions made by which commit tee? [A]Y H Malegam commit tee [B]Parthasarthi Shome commit tee [C]Chakrabharthy commit tee [D]Khan commit tee

Y H Malegam committeeThe Reserve Bank of India recognized Micro Finance Inst itut ions Network

(MFIN), the indust ry associat ion for the micro-f inance indust ry, as a selfregulatory organizat ion for NBFC-MFIs. The decision was taken by RBI basedon the recommendat ions made by a sub-commit tee under the chairmanshipof Y H Malegam which was formed to study the issues and concerns in themicro- f inance sector.

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4. The cont roversial “Yet t inahole river diversion project ” is related to whichstate? [A]Kerala [B]Tamil Nadu [C]Karnataka [D]Andhra Pradesh

KarnatakaThe Yet t inahole river diversion project is the proposed project of Karnatakagovernment to divert the west -f lowing Nethravathi River to the easterndist ricts of the state. The Yet t inahole project envisages divert ing 24 TMCfeet of water to Kolar and Chickaballapur dist ricts.

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5. Which among the following count ries has published the world’s f irst ModernSlavery Bill, recent ly? [A]USA [B]Britain [C]Russia [D]Switzerland

BritainBritain published the world’s f irst modern slavery bill under which perpet ratorsof the heinous crime will be jailed for lif e. The modern slavery bill is the f irst ofit s kind in Europe and one of the f irst in the world, to specif ically addressslavery and t raf f icking in the 21st century.

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6. Recent ly, “Felipe VI” has been sworn in as the new king of ____? [A]France [B]England [C]Spain [D]Germany

Spain

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7. Who among the following has been selected for the prest igious Moort idevi

Award for 2013? [A]Gopalkrishna Ayyer [B]C Radhakrishnan [C]S L Byrappa [D]U R Anantha Murthy

C RadhakrishnanEminent Malayalam scient ist -turned-writer C Radhakrishnan has been chosenfor the prest igious Moort idevi award for 2013 for his novel “TheekkadalKatanhu Thirumadhuram”. The novel is a biological account of ThunchathEzhuthachan. Moort idevi Award carries a cash prize of Rs 4 lakh, a plaque anda statue of goddess saraswathi.

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8. Recent ly, Indian scient ist Sanjaya Rajaram has won the prest igious WorldFood Prize for 2014 for his cont ribut ion to developing high-yield verit ies of____? [A]Wheat [B]Rice [C]Soyabean [D]Barley

WheatIndian scient ist Sanjaya Rajaram has won the prest igious World Food Prize,considered the Nobel Prize of food and agriculture, for 2014 for hiscont ribut ion to developing high-yield wheat cult ivars Kauz and At t ila. Rajaramis the seventh Indian to win the prize, inst ituted by agriculture scient istNorman E Borlaug in 1986.

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9. The “Yudh Abhyas” is a counter terrorism joint milit ary exercise betweenIndia and ____? [A]France [B]United States [C]Japan [D]China

United StatesThe Yudh Abhyas is a biggest ever joint milit ary exercise between India andUnited States. About 250 soldiers f rom both sides each will t rain in Ut tarkhandunder the theme Counter terrorism operat ions in mountain terrain under theUN charter.

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10. Who among the following has won the FIDE World Rapid Chesschampionship t it le, recent ly?

[A]Magnus Carlesen [B]Vishwanthan Anand [C]Teimor Radjabov [D]Fabiabi Caruana

Magnus CarlesenWorld number one chess player Magnus Carlesen has won the FIDE WorldRapid Chess championship t it le in Dubai.

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