Q1369. Name the Aam Aadmi Party Lokpal who has resigned from the post on account of spearheading an anti-graft movement in Vizag.
a. Yogendra Yadav
b. Prashant Bhushan
c. Shazia Illmi
d. N. Dilip Kumar
ANSWER: N. Dilip Kumar
Ex IPS officer and AAP Lokpal N. Dilip Kumar has quit from the position in the party citing personal reasons and inability to devote time to the party on account of involvement in anti graft movement in Vizag. Kumar retired as special commissioner of Delhi Police. AAP has seen resignations and explosions in the past such as those of Yogendra Yadav, Shazia Illmi and Prashant Bhushan. The former law minister of the AAP Delhi Government, Narendra Singh Tomar was alleged to have forged his law degree. However, Kumar indicated he is in consonance with the AAP leadership and only quit on account of time paucity.
Q1370. The Union Cabinet has approved spectrum trading to address the problem of shortage of radio waves on 9th September 2015. What other problems will it tackle?
a. Improve service quality and tackle call drops
b. Increase efficiency of spectrum usage and assist TSPs and customers
c. Both of the above
d. Neither of the above
ANSWER: Both of the above
Spectrum trading is a move to address issues such as quality of service, shortage of radio waves, tackle problem of call drops, increase spectrum usage efficiency and assist companies as well as consumers in the telecom sector. Ownership rights will remain with GoI though right of usage can be traded between 2 TSPs. Government has approved sale and purchase of unused spectrum between telecom firms, allowing them to transfer their spectrum rights and obligations to another party and leads to skilful spectrum image. This is because idle spectrum will be used by those facing a spectrum crunch. Under the new regime, ease of business will be facilitated as spectrum trading will not change the original validity period of spectrum assignment as apple to traded block of spectrum
Q1371. Name the newly elected chairman of the ABC/Audit Bureau of Circulations for 2015 ,2016.
a. Shatrughan Sinha
b. Shashi Tharoor
c. Shashidhar Sinha
d. None of the above
ANSWER: Shashidhar Sinha
CEO, IPG Mediabrands Shashindra Sinha has been elected as the chairman of ABC for the forthcoming fiscal year. He is expected to implement digital measurement project undertaken by ABC. Sinha is actively involved in industry bodies like BARC, ASCI, RSCI and more. ABC has taken on an additional role to measure digital audiences and this follows growth in digital ads. Due to increased smartphone usage, digital ads are the fastest growing medium with high amount of revenue potential. Digital measurement services provided by ABC will apply to digital properties that seek numerical measurement which transparent and sound. ABC is the proven technology partner and digital properties to be measured will be tagged. This will assist digital media agencies and advertisers who can look at a comprehensive measurement tool along with authentication from ABC. This will lead to a well planned expansion of digital advertising.
Q1372. To push for cleaner renewable energy sources, government of India on 9th September 2015 approved a new policy for establishing wind power projects in seas alongside the 7,600 km Indian coastline. Provide its name?
a. National Offshore Wind Energy Policy
b. Renewable Wind Energy Policy
c. Indian Wind Energy Policy
d. National Wind Energy Policy
ANSWER: National Offshore Wind Energy Policy
Government has approved a policy for establishing wind power projects alongside the Indian coastline. National Offshore Wind Energy Policy cleared by the Union Cabinet allows development of wind power projects in the exclusive economic zone of India. Research initiatives are also part of the policy. It aims at allocation of onshore wind energy block for installing turbines to generate electricity from Wind. Offshore wind represents 2% of global installed capacity currently. 1713 megawatts of new offshore capacity was added in 2014 bringing the total to 8759 megawatts. Close to 91% of offshore wind installations are in European waters. From a total of 8045 MW of new offshore wind installations, North Sea has around 5094.2 MW, Atlantic Ocean has 1808.6 MW and Baltic Sea has 1142.5 MW. India has join nations such as S. Korea, China and Japan as well as the US for looking at offshore wind. There is a potential for generation of 106000 MW power through offshore wind projects in Gujarat and 60,000 MW on TN coastline. Offshore wind energy policy will provide a level playing field for domestic as well as global investors and beneficiaries. Processes will be carried out by NIWE which will implement the policy.
Q1373. Which company has emerged as Asia’s largest internet company on 9th September 2015 reaching a market capitalisation of USD 162 billion?
a. Alibaba Group Holding
b. Tencent Holdings
c. Baidu
d. Alipay
ANSWER: Tencent Holdings
Tencent has emerged as the largest Internet company in Asia. Alibaba recently lost the position on 8th September to Tencent capping a 10 month slide for the e-commerce company which wiped out USD 140.7 billion from its value. Shares of Alibaba fell by 4.7% making the online marketplace worth USD 153 billion. Tencent on 9th September 2015 reached a market capitalisation of USD 162 billion. Alibaba Group’ s reliance on consumer spending leaves it exposed to the ill effects of domestic slowdown in China. China’s recent yen devaluation and economic meltdown have caused Alibaba to lose its premier position as Asia’s largest internet company. Tencent has also purchased rights for Hollywood content on its video platform and making investments in cloud computing leading to its rise as the largest Asian internet firm. The 3 month downturn by China markets has been defied by Tencents which grew at 19% this year, Decline in Alibaba’s capitalisation is almost equal to the entire value of Samsung Electronics this year.
Q1374. What percentage has the economy of India grown in April-June quarter compared to 7.5% in the previous quarter, according to Niti Aayog?
a. 6%
b. 7%
c. 8%
d. 5%
ANSWER: 7%
According to data released by Niti Aayog, India’s growth in Q2 was around 7% compared to 7.5% in the previous quarter. Indirect tax collections increased by 36.7% from 54396 crore in April to 2.63 lakh crore in August. GDP and indirect tax collections indicate economy is recovering. A large part of the buoyancy is due to additional resource measures including increase in duty on petroleum products, increase in clean energy cess, withdrawal of exemptions for motor vehicles, capital goods and consumer durables, and the increase in service tax from 12.36% to 14% from June 2015. Customs duty collection has been aided by 6% rupee depreciation in the period between April to August. Growth in indirect tax collections increased to 12.2% in April August and 11% in August as per data revealed by finance ministry. Government has raised 33% of budgeted amount of INR 6.46 lakh crore for FY16 and growth in addition to 18.8% for this year. Tax collections are growing over double digits suggesting underlying tax base and nominal GDP are moving upwards.
Q1375. Which Australian wicketkeeper announced retirement from first class cricket on 9th September 2015?
a. Shane Watson
b. Chris Rogers
c. Michael Clarke
d. Brad Haddin
ANSWER: Brad Haddin
Australian wicketkeeper Brad Haddin announced he is retiring from first class cricket on 9th September. He follows Shane Watson, Chris Rogers and Michael Clarke in leaving the Tests following the recent Ashes Series defeat. The 37 year old wicketkeeper retired from ODI cricket following Australia’s World Cup victory earlier in the year. He has kept wickets in 66 Tests, scoring 3,266 runs at an average of 32.98 and taking 262 catches with eight stumpings. Born October 23(1977) in Cowra, Australia, Bradley Hames Haddin has been part of the Australia National Cricket team for Test matches since 2009. The wicket keeper and batman is right handed and his last test was on 12th July versus England. Haddin’s last ODI was on 29th March versus New Zealand. He debuted in ODI on 30th January 2001 in Australia’s match against Zimbabwe. His T20 debut was in 2006 against S. Africa and his last T20 match was placed with Pakistan on 5th October 2014. He was also part of the following domestic teams: ACT Comets, New South Wales, KKR. He is currently a member of the Sydney Sixers.
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