Current Affairs on february 2015
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1. In the biggest-ever penalty in a single case, SEBI on 26 Feb 2015 slapped fines totaling Rs 86 crore on realty giant DLF, its top executives, their family members and various other related entities for entering into "sham transactions" to mislead IPO investors. When was this IPO happened?: 2007
Explanation: Reality developer DLF is going through rough time as watch dog...
10 Major highlights of Rail Budget 2015-16
1. New Trains
1st time in history of Rail budget There is no announcement for any new trains (This will be done after doing a comprehensive analysis and feasibility studies)
2. Passenger Fare
No increase in Passenger fares
3. Freight
Freight increase up to 10% on select items: 10% for urea, 2.7% for cement and 6.3% for coal, 0.8% for iron....
10 Major highlights of Union Budget 2015-16 for India
Key Hightlight:
Service Tax is increased from 12.36% to 14%
A) Taxation
1 Abolition of Wealth Tax.
2 Additional 2% surcharge for the super rich with income of over Rs. 1 crore.
3 Rate of corporate tax to be reduced to 25% over next four years.
4 No change in.....
1. In order to push Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI on 25 February 2015 announced that bank overdrafts of up to What amount in accounts opened under this financial inclusion mission will be treated as priority sector lending?: Rs 5,000
Explanation: Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of....
1. In Cricket world cup 2015, West Indies Beat Zimbabwe by 73 runs. In this match several new records were made and one of them was from player Chris Gayle. He had scored 215 run in just 147 balls on 24 February 2015. On the same day, 5 years back (24 February 2010)the 1st 200 score was made in the history of cricket by which cricket player?: Sachin Tendulkar
Explanation: Chris......
1. To boost the fixed line phone connections in the country, telecom regulator TRAI on 23 February 2015 removed charges that a landline service provider has to pay to the other service providers for transmitting its customers' phone calls. What was the termination charge?: 20 Paisa/call
Explanation: Telecom companies are required to pay interconnection charges when its......
1. On 22 February 2015, India defeated South Africa by 130 runs in Cricket World Cup 2015 in pool B league match. Which new record was created in this match?: This is 1st ever win by Team India against South Africa in world Cup matches
Explanation: Indian team had played as pack of wolf and outcast the South African team in all aspect of cricket like batting, bowling, and fielding....
1. BSE has tightened the financial eligibility norms for listing of Small and Medium Enterprises to attract "robust" companies to the stock market. What is the new rule for the listing?: Companies required to have post-issue paid up capital of a minimum Rs 3 crore as against the current requirement of Rs 1 crore
Explanation: Currently 82 companies are listed on the BSE SME......
1. Prime Minister Narendra Modi on 19 February 2015 launched which scheme, under which the Centre plans to target over 14 crore farmers in the next three years to check the excess use of fertilisers?: Soil Health Card scheme
Explanation: The scheme will be implemented in all states to promote soil testing services, issue of soil health cards and development of nutrient management.....
1. EPFO on 18 February 2015 launches an “Online help desk” for subscribers to trace inoperative accounts and seek final settlement. What is the total balance lying in the inoperative PF account?: 27000 Crore
Explanation: The decision to set up help desk follows instruction given by Prime Minister Narendra Modi on the occasion of the 'Shrameva Jayate'......
1. Government On 17 February 2015 has exempted 38 more agriculture items from the ambit of the Commodity Transaction Tax (CTT), When was this CTT was imposed?: July 2013
Explanation: The 38 agriculture items which were exempted from CTT (Commodity Transaction Tax) are: rice or paddy, rice bran, tur, tur dal, urad, urad dal, mung, mung dal, masur, gram dal, gram husk, onion, bajra,....
1. Which Car company on 16 February 2015 launched World first Car that “Giggles” when you tickle it?: Toyota
Explanation: Toyota Engineers have created world 1st car that giggles when we touch the car at sensitive areas. It react by flashing lights, touch by lighting up and flashing its headlights and indicators, spraying water from the windscreen washer fluid spouts.....
1. Indian Cricket team on 15 February 2015 post 6th straight Win in cricket world cup matches. What are new Records are made in this match?:
a) Virat Kohli became 1st Indian Player to score century (100 runs) against the Pakistan in World cup
b) R. Ashwin has bowled 3 maiden bowling overs before this S. Venkataraghavan has done in 1979.
c) Indian team able to...
1. “The Indian Express” an English daily newspaper on 9 February 2015 revealed the names of some more account holders who allegedly have black money at HSBC Bank in Geneva which was later confirmed by the Union Government. As per this news how many Indians have such accounts in this bank? : 1,195
Explanation: The list has now doubled to 1,195 Indians with a collective......
1. RBI on 13 February 2015 announced that it will again put in circulation rupee one notes soon. When was printing of one rupee note was discontinued?: November 1994
Explanation: After the gap of nearly 20 years RBI has announced that it will bring One rupee Indian currency note again in the market as currently One rupee coin is minted. The printing of the one rupee note was......
1. India's fiscal deficit overshot the budget estimate of Rs 5.31 lakh crore by December 2014. What is the reason of this overshoot which has prompted the government to take tough steps in the remaining part of 2014-15 to restrict it to 4.1 percent of GDP?: Subdued Revenue Realization
Explanation: According to Controller General (CGA) of Accounts on 30 January, the fiscal......
1. ICICI bank has tied up with UAE Exchange to offer an instant bank transfer service to the Indians residing in the Gulf nation. What is the name of the service?: FLASHremit
Explanation: UAE Exchange currently has over 750 branches across 32 countries and is the world's largest networked remittance brand. Therefore, now through Flashremit service Indian residing in the UAE can send...
1. Sports Ministry on 11 February 2015 has revised the scheme of Rashtriya Khel Protsahan Puruskar, which was introduced to encourage involvement of corporates and sports promotion boards in the development of sports in the country. What are those revised scheme points?: Rashtriya Khel Protsahan Puruskar will now be given in four categories:
Identification and nurturing of......
1. On 10 February 2015, Aam Aadmi Party (AAP) swept to power in Delhi by winning 67 of the 70 Assembly seats that went to polls on 7 February. The unprecedented result of this election is the second biggest sweep in Assembly elections in India. Which state has seen a bigger sweep than AAP?: Sikkim
Explanation: The Nar Bahadur Bhandari-led Sikkim Sangram Parishad (SSP), and the......
1. MSR project is an initiative by China to resurrect the ancient maritime Silk Road therefore in an ambitious project, China on 9 February 2015 launched its first cruise-liner that will sail via the transcontinental initiative Maritime Silk Road (MSR).The said cruise-liner will pass through which three Southeast Asian countries?: Vietnam, Thailand and Malaysia
Explanation: The......
1. On 7 February 2015, voting for 70 assembly seat in New Delhi state Election was over at 6 PM. What was total turnout percentage?: 67 percent
Explanation: Delhi witnessed record 67% turnout of voters for the 70 assembly seat election on 7 February 2015. In last assembly election the total percentage was 66%. This time also 3 main parties are contesting in Delhi APP Party, BJP and...
1. Which Group has signed an initial agreement with the Rajasthan government for setting up solar parks at Bikaner and Jaisalmer at a total investment of Rs 4,000 crore?: Essel Group
Explanation: Essel Infra projects Ltd is Essel group's flagship infrastructure company with verticals like core infra, green and integrated utilities. Essel has emerged as major player in solar......
1. Which Indian retail chain (under Snack Business) became the top most Brand in India by surpassing the modern day Pizzaa makers McDonald and Dominos?: Haldiram
Explanation: Haldiram is the biggest brand of those launched by Agarwals after it faces and survived disputes and break-ups in the original Agarwal family that started with a small shop in Bikaner in 1937. Haldiram business is....
1. In a latest report by Global Intellectual Property Center (GIPC) from US Chamber of Commerce on 4 February 2015, India has now moved up 1 position to 29th on protection and enforcement of intellectual property practices. What was India’s previous position? Last For the consecutively 2 years
Explanation: List prepared by the Global Intellectual Property Center (GIPC) in......
1. RBI on 3 February 2015 double the annual overseas investment ceiling for individual keeping view that foreign exchange reserve touches record high. What is the amount RBI has allowed? USD 2,50,000
Explanation: August last year RBI had reduced the Ceiling from USD 200,000 to 75,000 per person in a year due to worsening current account deficit and a volatile rupee under the......
1. Currently on Indian Railway Catering and Tourism Corporation (IRCTC) website travelers can book tickets via E-Ticket and I-Ticket by paying through Online and By cash on the railway ticket counter. On 2 February 2015 IRCTC Launched third (3rd) way of booking the ticket, what was it?: Cash On delivery (COD)
Explanation: On 2 February 2915, after this COD service launch now...
1. Royal Enfield Created history by raceing past Harley-Davidson in global sales. What was the number of unit sold by Royal Enfield?: 3 Lakh unit
Explanation: In February 2915, Chennai-based Royal Enfield (RE), originally a British marque from Redditch had sold 3 lakh unit while Harley-Davidson has sold only 2.7 lakhs. Harley – Davidson motorcycles sell at a huge premium in.....
1. India on 31 January 2015 successfully test-fired its indigenously developed, intercontinental surface-to-surface nuclear capable ballistic missile 'Agni-5', What is the strike range of this missile?: 5000 Km
Explanation: With this Successful testing of the Agni - 5 missile now India is capable to reach entire China. This Agni – 5 missile can carry nuclear warhead of 1.....