Smart Practice Current Affairs September 2015 [Part 5]

Indian Economy Current Affairs

  • The substitution of steel for wooden ploughs in agricultural production is an example of      [UPSC (Pre) 2015] Capital-augmenting Technological Progress
  • ‘Pradhan Mantri Jan-Dhan Yojana’ has been launched for promoting in the country.             [UPSC (Pre) 2015]  Financial Inclusion
  • ‘Open Market Operation’ is a part of Credit Policy
  • Which is the largest mutual fund organisation in India? Unit Trust of India
  • A ‘closed economy’ is an economy in which Neither Exports nor Imports take place
  • The exchange of commodities between two countries is referred as Bilateral Trade
  • The process of curing inflation by reducing money supply is called Disinflation
  • The regional project by name ‘CASA-1000’ (Central Asia-South Asia-1000), funded by World Bank, pertains to the field of Electricity
  • The holidays for the banks are declared as per Negotiable Instruments Act
  • Rourkela Steel Plant was set-up with the assistance from West Germany
  • Bad loans in banking terminology are generally known as Non-Performing Assets (NPA)
  • A proportion of the total deposits and reserves of the commercial banks with the Reserve Bank of India (RBI), is called Cash Reserve Ratio (CRR)
  • The rate of interest at which Reserve Bank of India lends short term funds to the Commercial Banks, is known as Repo Rate       [UP PSC Lower Sub 2014]
  • The Board of Industrial and Financial Reconstruction (BIFR) came into- existence in which year?  1987
  • Foreign Direct Investment (FDI) ceilings in the telecom sector have been raised from 74% to 100%
  • Price and output are determinates in Market Structure other than Monopoly
  • VM Dandekar and Neel Kanth Rath were well-known for their [CDS-II2014] Study on Poverty in India

Read Also – National Current Affairs September 2015 (Part 5).

General Science Current Affairs

  • Which gas was used as a chemical weapon in the First World War? Mustard Gas
  • PARAM is an example of Super Computer
  • Energy stored in a choke is in the form of Magnetic Energy
  • Study of pollen grains is called Palynology
  • Which device convert AC voltage into DC voltage? Rectifier
  • Which allotrope of carbon is in rigid three-dimensional structure? Diamond
  • Sickle-cell anaemia is a disease caused due to the abnormality in Red Blood Cells (RBCs)
  • The radioisotope used in the detection of tumour, is [UP PSC Lower Sub 2014] Cobalt-60
  • In optical instruments, the lenses are used to form image by the phenomenon of [NDA/NA 2014]  Refraction
  • Higher concentration of nitrogen dioxide in atmosphere air causes Bronchitis
  • Light waves are [NDA/NA-II2014] Electro-magnetic Waves
  • The concept of tissue culture was introduced by Gottlieb Haberlandt Germany
  • The hormone that is secreted in times of stress in human body Adrenaline  [Ib Sec. Asst. 2013]

Miscellaneous Current Affairs

  • ‘National Consumer Rights Day’ is observed in India on December 24
  • The North Atlantic Treaty Organisation is headquartered at Brussels
  • Non Resident Indians (NRI) Day is marked on January 9
  • The first summit of SAARC was held at Dhaka
  • When did the first Commonwealth Games take place?  1930
  • Who has written the book ‘Warrior State : Pakistan in the Contemporary World’?  TV Paul
  • The National Centre for Agricultural Economics and Policy Research is located at [UP PSC Lower Sub 2014] New Delhi
  • Name the body, which has replaced the UN Commission on Human Rights. Human Rights Council  [SSC Multitasking 2014]
  • In which year, the Forest Conservation Act was passed in India? 1980   [UP PSC Lower Sub 2014]
  • When was the South Asian Association for Regional Cooperation (SAARC) formed? 1985
  • When was the Geological Survey of India established?   1851
  • The Bolshevik Revolution started in Russia during the reign of Czar Nicholas II      [NDA/NA-II 2014]
  • Kadambari, the famous Sanskrit epic, was written by   [IB Sec. Asst 2013] Baan Bhatta
  • ‘Pulitzer Prize’ is given for the achievements in the field of [BPSC 2008] Journalism

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Updated: December 30, 2015 — 5:59 am

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