Daily February 2013 Current Affairs Quiz Questions Answers - 20 Feb 2013

1. In a major victory, the International Court of Arbitration at The Hague has upheld India's right to divert water from the project which is currently running in Kashmir. The court on Monday, 18 Feb 2013, rejected Pakistan's contention that India was violating the 1960 Indus Waters Treaty in the project in Gurez valley near Bandipura in north Kashmir. In its ‘partial award’ over the 330 MW project, the Court ruled that India would have to maintain a minimum flow in the river, known as Neelum in Pakistan. The rate will be determined by the Court in its final award, which is likely to be delivered by year-end. The ‘partial award’ has “no appeal” and is “binding” on both countries. Can you name the project?
[Category: India Latest Current Affairs]
[A] Rabi hydro-electric project
[B] Beas hydro-electric project
[C] Kishenganga hydro-electric project
[D] Chenab hydro-electric project


2. Armed robbers have pulled off a spectacular heist at ___________ airport, making off with millions of euros worth of diamonds on 19th February 2013. The raid saw the gang of thieves hit a Brinks security truck as its contents were being loaded onto a Swiss aircraft bound for Zurich. VRT public television initially spoke of the haul being worth 350 million euros ($465 million), but later changed their figures to 50 million euros. If confirmed, the robbery would be one of the biggest diamond heists of all time.
[Category: World Current Affairs]
[A] Heathrow
[B] Amsterdam
[C] John F. Kennedy International Airport, New York
[D] Brussels


3. An Indian air carrier on Tuesday, 19 Feb 2013, offered 20 lakh tickets at heavily discounted prices for travel anywhere till December this year, becoming the second airline in the past 50 days to lure travellers by drastically slashing fares. The airline is offering to sell tickets for any destination in India starting at 2,250, a good 40-60% cheaper than fares on normal days. The offer, which is valid till February 24, was announced by the airline on Tuesday morning and sent flyers scrambling to book tickets. Can you name the airline?
[Category: Business Current Affairs]
[A] IndiGo
[B] Jet Airways
[C] SpiceJet
[D] GoAir


4. An Indian billionaire is following in the footsteps of Warren Buffet and Bill Gates to become the first Indian to dedicate a majority of his wealth to philanthropy by signing up for the Giving Pledge. The Giving Pledge was formed in 2010 to encourage the wealthiest in the US to give a part of their wealth towards philanthropic activities. However, Buffett now wants to widen the group’s function outside the US to India and China. Can you name the person who has pledged more of his wealth to charitable causes?
[Category: Latest News Current Affairs]
[A] Azim Premji
[B] N R Narayanmurthy
[C] Mukesh Ambani
[D] Ratan Tata


5. FE Best Banks Awards launched in February 1997, annually fetes banks that have delivered exemplary performance on various parameters including growth, profitability, strength & soundness amongst others. The awards are based on the FE Best Bank Survey and have emerged as the highest award of banking excellence in the country. Which bank was named as winner in the Public Sector Banks for thsi year award held in Mumbai on 20th Feb 2013?
[Category: Bank Exams Current Affairs]
[A] Allahabad Bank
[B] State Bank of India
[C] Bank of Baroda
[D] Punjab National Bank