Q1356. Which country is planning free Wi-Fi services in half of its towns and cities in 2015 and nationwide by 2016?
a. Indonesia
b. Malaysia
c. Philippines
d. Cambodia
ANSWER: Philippines
Philippines is planning Wi-FI services in all its towns and cities by 2016. This free internet will cost the government USD 32 million and push data charges lower down in the country. Access to internet currently costs USD 18 per megabit per second in Philippines. This is more than 3 times the global average of USD 5.
Q1357. Switzerland has recently received information request for which Indore based textiles firm in a suspected black money case by tax authorities in India?
a. Filtech Fabrics
b. N. R. Filter and Fabric Private Limited
c. Fashion Clothing Company
d. Neo Corp International Limited
ANSWER: Neo Corp International Limited
In new disclosure on suspected black money being probed by Indian tax authorities, Switzerland has received request for information about Indore origin textile firm Neo Corp International Ltd. This company began as a small woven sack maker in the 1980s and now alleges it is an MNC technical textiles group. It has faced income tax searches in February 2015 for suspected tax evasion. Around 12 names have been disclosed in this high profile crackdown by Swiss and Indian authorities.
Q1358. JSW Energy has entered into binding agreement with which company to acquire Bina Thermal Power?
a. Himachal Baspa Power Company Ltd
b. Jaiprakash Power Ventures Ltd
c. Shyama Power
d. PGCIL
ANSWER: Jaiprakash Power Ventures Ltd
JSW Energy Ltd announced on 8th September 2015 that it has entered into a binding agreement with Jaiprakash Power Ventures Ltd to acquire Bina Thermal Power. The Sajjan Jindal firm also indicated it had acquired two hydro power assets from the company as well namely the Himachal Baspa Power Company Ltd owning Baspa II and Karcham Wangtoo- 2 hydropower assets. Jaypee Group owns Jaiprakash Power Ventures. It seeks to reduce debt through this move according to chairman M. Gaur
Q1359. Name the longest reigning monarch in British history.
a. Queen Victoria
b. Queen Anne
c. Queen Elizabeth II
d. Queen Elizabeth I
ANSWER: Queen Elizabeth II
Born on April 21, 1926, Queen Elizabeth II has become the longest reigning British monarch beating her great great grandmother Queen Victoria who sat on the throne for 63 years, 7 months. The Buckingham Palace released an official photo of the queen taken by former Beatle Paul McCartney’s daughter, photographer Mary McCartney. Queen Elizabeth II was educated at home and she was originally third in line to the throne. When her father became King George VI in 1936, she became first in line. She married Philip Mountbatten, who was made Prince Philip, duke of Edinburgh after the wedding. She has 4 children: Prince Charles, Princess Anne, Prince Andrew and Prince Edward. She ascended the throne on June 2, 1953 and introduced several reforms to the monarchy.
Q1360. Which iconic business leader has joined the advisory board of VC tech firm IDG Ventures on 9th September 2015?
a. Azim Premji
b. Ratan Tata
c. Adi Godrej
d. Sajjan Jindal
ANSWER: Ratan Tata
Well known business leader and Chairman Emeritus of TATA Sons, Ratan Tata has joined technology VC firm IDG Ventures India on the advisory board as Senior Advisor. He will manage business growth, international expansion, strategic leadership and team building. IDG Ventures Founder Chairman S. Sethi released a special statement about the appointment. Tata retired as head of the 100 billion dollar TATA Group in December 2012.
Q1361. By how many percentage points was the DA agreed to be raised by the Union Cabinet recently?
a. 6
b. 7
c. 8
d. 9
ANSWER: 6
The decision to raise DA by 6 percentage points was taken by the Union Cabinet. DA is paid as a proportion of the basic pay. In April, government hiked DA to 113% of basic pay w.e.f January. Proposed DA hike is to come into force from July 1, 2015. According to the agreed formula, DA rate increase comprises an average of 12 month CPI-industrial workers from July to June 2015. Proposed hike is as per recommendations of 6th Pay Commission.
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