Daily Current Affairs Quiz - 07 August 2012

1. Former chief minister of Gujarat, Keshubhai Patel, after resigning frm BJP last week, has launched his own political outfit on 6th August 2012 ahead of the assembly elections, marking a decisive phase in his campaign against his bete noire and successor Narendra Modi. What is the name of Patel's new party?
[A]Gujarat Progressive Party
[B]Gujarat Democratic Party
[C]Gujarat Parivartan Party
[D]Gujarat Navnirman Party


2. Former Miss World Diana Hayden launched her book at Vadodara's Crossword bookstore on 6 August 2012. What is the name of her book?
[A]A Beautiful Truth: The Art of Grooming for Women
[B]Why Men Lie And Women Cry
[C]Women Who Love Too Much
[D]Women Who Run with the Wolves: Contacting the Power of the Wild Woman


3. Telecom regulator TRAI stated on 5 August that it is planning to approach the Commerce and Industry Ministry to ban imports of mobile phones carrying inauthentic unique IMEI numbers, which help the authorities track users. What is IMEI?
[A]Inauthentic Mobile Equipment Identity
[B]Indian Mobile Equipment Identity
[C]Installed Mobile Equipment Identity
[D]International Mobile Equipment Identity


4. On 6 August 2012, United Nation's body Food and Agriculture Organization (FAO) has revised global paddy production forecast downwards by 7.8 million tonne for 2012 mainly on account of poor monsoon. What is the new forecast given by FAO?
[A]724.5 million tonne
[B]725 million tonne
[C]727 million tonne
[D]728 million tonne


5. Which bank has been accused by US regulators on 6th August 2012 of laundering $250bn from Iran in violation of U.S. law and behaving like a "rogue institution"?
[A]Citi Bank
[B]Standard Chartered Bank
[C]HSBC
[D]Bank of America