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Saturday, December 8, 2012

Latest GK Current Affairs Quiz: 8 December 2012

1. The UPA-2 has achieved complete parliamentary victory on the controversial issue of FDI in the multi-brand retail sector. In the Lok Sabha, the Samajwadi Party and the Bahujan Samaj Party — the two regional outside supporters of UPA-2 — had walked out before the vote to facilitate a victory for the government. In Rajya Sabha, the abstentions would not served the purpose, so the BSP voted in favour of the government, and the SP walked out. On Friday, 7th Dec 2012, the government won the AIADMK sponsored motion by a comfortable 14 vote margin with a 123 votes in favour against _______ votes in opposition in the Rajya Sabha.
[Category: FDI Politics Current Affairs]

2. To tap the growing developer’s ecosystem in India, Microsoft Corporation (India) Private Limited has launched 14 MICs in partnership with technical institutions across four states. The company, which runs 75 such centres globally, plans to set up 100 such centres over the next two years in the country. MICs are state-of-the-art technology facilities located at educational institutes, start-up villages and other state departments. It provides incubation and hands-on support on Microsoft technology innovation, research, and software solutions, involving a combination of government, academic and industry participants. Each MIC will act as an innovation hub for five other neighbouring colleges and will operate in a hub-spoke model. What is MIC?
[Category: IT and Business Current Affairs]
[A]Microsoft Innovation Centres
[B]Microsoft Industrial Centres
[C]Microsoft Invention Centres
[D]Microsoft Innovation College

3. The Patna High Court on Friday, 7th Dec 2012, scrapped the appointment of six vice chancellors and four pro vice chancellors by Bihar Governor. The court cancelled the appointments because they were “not made in consultation” with the government as mandated by the Bihar State Universities Act, 1976. The court, however, made it clear that the governor, as chancellor of the universities, “may or may not accept” the government’s opinion. “The chancellor being the supreme authority, it is his decision which shall prevail but not without obtaining the opinion of the state government on the proposed bench,” it said. Who is the current Bihar Governor?
[Category: Politics Bihar Current Affairs]
[A]Bharat Vir Wanchoo
[B]Hans Raj Bhardwaj
[C]Devanand Konwar
[D]Jagannath Pahadia

4. After the 2G auction turned out to be a failure, the government has decided to cut spectrum reserve price by _________ % in four circles. The Empowered group of Ministers (EGoM) met on Friday 7 Dec 2012 as Telecom Minister Kapil Sibal laid out the auction roadmap. He said that the ministry will conduct fresh auctions in four circles for 1800 mhz band. These include Mumbai, Delhi, Karnataka and Rajasthan. Sibal also informed that three circles (Mumbai, Kolkata and Delhi) will see auction for 900 mhz band.
[Category: Business News Current Affairs]

5. Continuing its effort to mark its arrival on the global stage, India will provide Rs 11,294.6 crore to the International Monetary Fund's NAB facility. Government on Friday, 7th Dec 2012, sought Parliamentary approval towards this end. Last year also India provided over $2 billion to the IMF's fund to help bailouts in Europe and other parts of the world. As part of efforts to overcome the global financial crisis , in April 2009, the Group of Twenty (G-20 ) industrialized and emerging market economies agreed to increase the resources available to the IMF by up to $500 billion to support growth in emerging market and developing countries, according to IMF. What is NAB?
[Category: Economy and Finance Current Affairs]
[A]National Assurance to Borrow
[B]Nations Association to Borrow
[C]New Arrangements Bureau
[D]New Arrangements to Borrow