Q 1174. Name the team that won the Pro-Kabaddi League (PKL) title for 2015 on 23rd Aug’15?
A. Jaipur Pink Panthers (Jaipur)
B. Bengaluru Bulls (Bengaluru)
C. U Mumba (Mumbai)
D. None of these
ANSWER: C. U Mumba (Mumbai)
U Mumba won the STAR Sports ProKabaddi League’s second season as they defeated Bengaluru Bulls team in the final match.
Q 1175. In how many years Global Oil Prices sank to a low of $40 per barrel on 22nd Aug’15?
A. 4 years
B. 5 years
C. 6 years
D. 8 years
ANSWER: C. 6 years
The price of oil in the U.S. slipped below $40 a barrel for the first time since 2009 amid a growing consensus that cheap crude is here to stay.
Q 1176. In which of the following country women will be able to vote and run in elections held in December 2015, marking a step forward for proponents of women's rights in a country that has received heavy criticism for its treatment of women?
A. Saudi Arabia
B. Turkey
C. Pakistan
D. Tajikistan
ANSWER: A. Saudi Arabia
According to a Saudi government website Official voter registration began on 22nd Aug’15, and candidate registration begins on August 30. Both days will mark firsts for women in Saudi Arabia gearing up to participate in elections in December. Women will only participate in elections at the municipal level.
Q 1177. Who has received the 'Asian of the Year 2014' award by leading Singapore daily The Straits Times, on behalf of Prime Minister Narendra Modi?
A. Smriti Irani
B. S Jayashanker
C. Sushma Swaraj
D. Vijay Singh Thakur
ANSWER: D. Vijay Singh Thakur
Vijay Singh Thakur is India’s high Commissioner to Singapore. Mr Modi was given the award in December 2014 for putting focus on India's development and getting the world "excited" about the prospects of the country again.
Q 1178. ‘Chengalikodan Banana’ has been accorded Geographical Indication (GI) status by the Central GI Registry. This banana is uniquely grown in which state?
A. Andhra Pradesh
B. Karnataka
C. Kerala
D. Tamil Nadu
ANSWER: C. Kerala
Geographical Indication is an insignia on products having a unique geographical origin and evolution over centuries. Darjeeling tea was the first agricultural product in India to be accorded with GI tag. At present there are 200 products registered as GI.
Q 1179. Name the micro finance company that becomes the first to start operation as a commercial bank?
A. PayTm Bank
B. Vodafone m-Pesa Bank
C. Yes Bank
D. Bandhan Bank
ANSWER: D. Bandhan Bank
Bandhan is the first micro-finance company to transform into a bank. Reserve Bank of India has turned liberal in doling out banking licenses to entities of different capabilities. It has just issued 11 in-principle licenses to set up payments banks. Bandhan Bank will primarily cater to the unorganized sector like daily wage earners and women running small businesses -- the segments that had been its borrowers for a decade. As a bank, it will also offer savings, remittance and insurance services and try to raise its stake in the bottom of the pyramid customers.
Q 1180. For which of the following Income Tax Department has to open special return counters?
A. Defence Personnel
B. Salaried Tax Payers
C. Pensioners
D. Differently-abled Persons
ANSWER: B. Salaried Tax Payers, C. Pensioners. & D. Differently-abled Persons
Salaried tax payers and pensioners with annual income upto five lakh rupees and with no refund claim can file their returns at these counters upto 31st Aug’15. However, the income limit of 5 lakh rupees and no claim refund provision will not apply to tax payers over the age of 80 years deriving salary or pension income. There will be special facilitation counters for senior citizens and differently-abled persons. An official release said similar facilitation counters are being set up in other metro cities based on the local requirements.
Q 1181. Name the committee that recommended that granting relief to FIIs on Minimum Alternate Tax (MAT) will be a positive thing for the market?
A. C Rangarjan Committee
B. Bimal Jalan Committee
C. AP Shah Committee
D. K N Desai Committee
ANSWER: C. AP Shah Committee
The AP Shah committee on minimum alternate tax (MAT) has recommended to the finance ministry that the levy shouldn't be imposed for the period preceding April 1, 2015. The panel, headed by Law Commission Chairman A P Shah, was set up to resolve the dispute between FIIs and the government after notices were served to 68 FIIs by the Income Tax Department demanding Rs 602 crore as MAT dues.
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