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Friday, December 14, 2012

2012 Daily Current Affairs Questions Answers: 14 December 2012

1. Market regulator Securities and Exchange Board of India (SEBI) unveiled a new set of measures, including reducing the trading band for a wide category of stocks and capping single orders at nearly USD 2 million, to prevent future flash crashes. The measures unveiled on Thursday, 13 Dc 2012, come after an erroneous trade order of more than USD 125 million from a broker at Emkay Global Financial Services sent shares sharply lower in October. Under SEBI's new guidelines, stock exchanges will not be able to accept single orders for stocks, equity derivatives or exchange traded funds of more than Rs __________.
[Category: Business Market Current Affairs]
[A]10 crore
[B]12 crore
[C]15 crore
[D]20 crore

2. On Thursday, 13 Dec 2012, Anil Ambani’s Reliance Group has signed a memorandum of understanding with a chinese group to set up a joint venture (JV) for real estate development on land owned by Reliance Communications and Reliance Infrastructure. Both have also plans to get into multiplexes business in India and the U.S. The first priority of the proposed JV will be to develop integrated townships in India. The chinese counterpart which is also a leading multiplex player in the world with over 6,000 screens, will co-operate with Reliance MediaWorks in multiplexes business in India and the U.S. Can you name the chinese company?
[Category: Industry Current Affairs]
[A]China Resources
[B]Wanda Group
[C]Liaoning Chengda
[D]Shougang Concord International

3. The bill for quota in promotions for Scheduled Castes and Scheduled Tribes is likely to come up for voting in Rajya Sabha on Monday, 17th Dec 2012. Voting will be held after the conclusion of debate whether to reserve promotions in government jobs for Dalits and tribals. However protesting against the constitutional amendment Bill for granting reservation in promotion, nearly 18 lakh general category employees of the state government went on an indefinite strike on Thursday, 13 Dec 2012. However, essential services like power, water, health and transport were exempted. An umbrella organisation of upper caste and OBC employees which is spearheading the agitation against reservation in promotion, took the decision after SP MPs staged a walkout in the Rajya Sabha, protesting against the proposed amendment. What is the name of this organisation?
[Category: Politics Current Affairs]
[A]Sarvjan Hitay Bahujan Sukhay Samiti
[B]Naujawan Sanrakshan Samiti
[C]Sarvjan Samriddhi Sanrakshan Samiti
[D]Sarvjan Hitay Sanrakshan Samiti

4. On Dec 13, 2012, two major bank employee unions, AIBEA and BEFI, have threatened to go on strike on December 20 to protest against the proposed Banking Laws (Amendment) Bill. The employees unions are saying that the amendment to the banking laws will dilute the interest of public sector banks. Among other things, the Bill seeks to increase the cap on voting rights of private investors in public sector banks to 10 per cent, from one per cent. What is the full form of AIBEA and BEFI?
[Category: Bank Exam Current Affairs]
[A]Association of Indian Bank Employees Associates AND Bank Employers Federation of India
[B]All India Bank Employees Association AND Bank Employees Forum of India
[C]All India Bank Employees Association AND Bank Employees Federation of India
[D]All India Bank Employers Association AND Bank Employees Federation of India

5. The World Travel Awards were established in 1993 to seek out and reward the very best travel organisations in the world. In 2012, nearly 650,000 votes were cast by travel professionals from 191 countries. The World Travel Awards have achieved top industry status and been named by the Wall Street Journal as the “Oscars of the Travel Industry”. On Dec 13, 2012, the World Travel Awards were announced at the Oberoi Gurgaon in New Delhi, India. Which airline has won the World’s Leading Airline title for the fourth year in a row?
[Category: Travel Current Affairs]
[A]Singapore Airlines
[B]Etihad Airways
[C]Emirates Airline
[D]Virgin Australia