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Daily Current Affairs Quiz - 05 September 2012

1. Which fast food company on Tuesday, 4th September 2012, said it will launch all-vegetarian restaurants in various pilgrimage sites across India with the first outlet opening in Amritsar by middle of next year?
[A]Subway
[B]McDonald's
[C]Nirula's
[D]Dominos Pizza


2. Announced on 4th September 2012, which software services firm has bought Hutchison Whampoa Ltd's back-office call centre business in India for USD 87.1 million?
[A]HCL Technologies
[B]Wipro
[C]IBM
[D]Tech Mahindra


3. RBI governor D Subbarao addressed about BASEL III norms at the annual FICCI-IBA Banking Conference in Mumbai on 4th September. Basel III is a global regulatory standard on bank capital adequacy, stress testing and market liquidity risk agreed upon by the members of the Basel Committee on Banking Supervision in 2010-11. As per the Reserve Bank of India estimates how much equity capital is required by Indian Banks over the next five-and-a-half years to conform to Base III norms?
[A]Rs 1.5 lakh crore
[B]Rs 1.70 lakh crore
[C]Rs 1.75 lakh crore
[D]Rs 1.86 lakh crore


4. Not many days after Time magazine called him an underachiever, on 5th September 2012, another widely respected American publication has been critical of Prime Minister Manmohan Singh and the UPA, citing him as a 'silent' Prime Minister who has become 'a tragic figure'. Congress demands apology from this publication. Name the publication.
[A]The Washington Post
[B]The New York Times
[C]USA Today
[D]The Wall Street Journal


5. General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week. As told by the president of GM India on 5th September 2012, the compact Sail, sold as a sedan and hatchback, will go on sale next month as the first model designed by GM's Chinese partner. What is the name of GM's Chinese partner?
[A]Shaanxi Automobile Group
[B]Great Wall Motor
[C]SAIC Motor Corp
[D]Shanghai Maple Guorun Automobile


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