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Tuesday, November 20, 2012

Current Affairs Questions Answers Quiz: 20 November 2012

1. A joint venture between the National Stock Exchange (NSE) and CRISIL on Monday, 19th November 2012, launched three new indices - the CNX Low Volatility Index, the CNX High Beta Index and the CNX Alpha Index. The CNX Low Volatility index aims to measure the performance of the least volatile securities listed on the NSE, to create a portfolio of least-volatile securities which shall curb the downside during the bear phases. The CNX High Beta Index aims to measure the performance of the stocks listed on NSE that have high beta. Beta is a measure of the sensitivity of stock returns to market returns. The CNX Alpha Index, aims to measure the performance of those NSE stocks with high alpha value which are measured on the basis of their risk-adjusted value. What is the name of the joint venture?
[Category: Business Current Affairs]
[A]India Index Services & Products
[B]National Index Services & Products
[C]National Crisil Index Services & Products
[D]India Index Securities


2. Moody's stripped France of its prized triple-A badge on Monday, 19 Nov 2012, cutting the sovereign credit rating on Europe's No. 2 economy, citing an uncertain fiscal outlook and deteriorating economy. Moody's said it was keeping a negative outlook on France due to structural challenges and a "sustained loss of competitiveness" in the country, where business leaders blame high labour charges for flagging exports. What is the current rating of France by Moody's?
[Category: World Current Affairs]
[A]AAA-
[B]AA1
[C]AA+
[D]AA-


3. The Reserve Bank on Monday, 19th November 2012, directed banks not to give loans for purchase of gold in any form, including primary gold, bullion and jewellery, to dissuade people from indulging in speculative activity. However, it said banks can provide finance for genuine working capital requirements of jewellers. The decision was taken in view of significant rise in imports of gold in recent years putting pressure on current account deficit. In the 2011-12 fiscal, India's gold imports stood at USD __________ and the quantum of import was 1,067 tonnes.
[Category: India Current Affairs]
[A]40 billion
[B]50 billion
[C]60 billion
[D]70 billion


4. The 43rd International Film Festival of India(IFFI) would be inaugurated on Tuesday, 20th November 2012, at Goa in the presence of Minister for Information & Broadcasting(I&B) Manish Tewari along with the Minister of Culture for Republic of Poland and Chief Minister of Goa Manohar Parrikar. The film festival to be held from Tuesday to November 30, 2012 involves a total screening of more than two hundred movies over the ten day duration. It will open with Oscar Award winner Ang Lee’s ‘Life of Pi’ as its opening movie, and will screen Mira Nair’s ‘The Reluctant Fundamentalist’ as the closing movie of the festival. Which cinestar will inaugurate the festival?
[Category: Film Current Affairs]
[A]Amitabh Bachchan
[B]Akshay Kumar
[C]Ajay Devgan
[D]Sharukh Khan


5. China on Monday sent the third satellite in its "Environment I" family into the sky, sharpening its abilities in environmental monitoring and disaster forecasting. The launch marks the completion of a plan initiated by China in 2003 to create a small environmental monitoring satellite constellation, according to north China's Taiyuan Satellite Launch Center. The radar satellite will join the other two operating optical satellites "Environment I" satellites, which were launched in Sept. 2008, to form a network covering most of China's territory. The satellite was carried by which rocket?
[Category: International Current Affairs]
[A]Long March 2C
[B]Long March 2D
[C]Long March 4A
[D]Long March 6


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