29, 30, 31 December 2017 Current Affairs Questions

29, 30, 31 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 29, 30, 31 December 2017 :
Who wins World Rapid Chess Championship 2017?
A. Pentala Harikrishna
B. Viswanathan Anand
C. Krishnan Sasikiran
D. Koneru Humpy
Answer: B
Explanation: India’s ace chess player Viswanathan Anand won the World Rapid Chess tournament title in Saudi Arabia by beating Russia’s Vladimir Fedoseev 2-0 in a two-game tie-break. Saudi Arabia hosted the world chess tournament for the first time. ..............Check More at INDIA GK" App: tinyurl.com/IndiaGK

Who has been given charge for the post of Joint Secretary in the 15th Finance Commission?
A. Manjeet Singh
B. Sandeep lamba
C. Rajesh Ranjan
D. Mukhmeet Singh Bhatia
Answer: D
Explanation: Mukhmeet Singh Bhatia, a 1990 batch IAS officer of Jharkhand cadre, has been given charge for the post of Joint Secretary in Fifteenth Finance Commission under the Department of Economic Affairs for tenure of five years. ..............Check More at INDIA GK" App: tinyurl.com/IndiaGK

Nitin Gadkari flags off cargo movement on Pandu-Dhubri route in which river?
A. Ganga
B. Kaveri
C. Brahmaputra
D. Chambal
Answer: C
Explanation: Nitin Gadkari flags off cargo movement on Pandu-Dhubri route in Brahmaputra river on 29th December 2017. This largely untapped sector has great potential, and has plenty of cost advantages. ..............Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which country recalled their Ambassador to Pakistan for sharing dais with Jamaat-ud-Dawa chief Hafiz Saeed?
A. Iraq
B. Iran
C. Israel
D. Palestine
Answer: D
Explanation: The Palestinian Authority decided to recall its controversial Ambassador to Pakistan, who had shared dais with terrorist organisation Jamaat-ud-Dawa chief Hafiz Saeed. This decision was conveyed on 30 December 2017 by Palestinian Ambassador to India Adnan Abu Al Haija. ..............Check More at INDIA GK" App: tinyurl.com/IndiaGK

After United States, which country has officially confirmed withdrawal from UNESCO?
A. India
B. Russia
C. Saudi Arabia
D. Israel
Answer: D
Explanation: Israel has has officially confirmed withdrawal from United Nations Educational, Scientific and Cultural Organization (UNESCO) over an anti-Israel bias. Audrey Azoulay, the UNESCO chief, stated that she had been officially notified that Israel would leave on December 31, 2018. Earlier in October 2017, the US formally notified the UNESCO that it would withdraw from the organization on December 31, 2018...............Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

Nitin Gadkari flags off cargo movement on Pandu-Dhubri route in Brahmaputra river

Nitin Gadkari flags off cargo movement on Pandu-Dhubri route in Brahmaputra river on 29th December 2017. This largely untapped sector has great potential, and has plenty of cost advantages. Stating that modern and well-equipped river ports will be established along the banks of the river, the minister said transportation of cargo through the National Waterway 2 - from Pandu in Guwahati to Dhubri along the Assam-Bengal border will reduce logistics cost and save 300 km road travel.

Waterways are regarded as natural transport routes. India has around 14500 kms of waterways which were for long, untapped. It was only under Prime Minister Modi's insistent patronage  that waterways became a significnt part of the govt's transport agenda. As of now, there are 6 interstate waterways in India

• 1st from Allahabad to Haldia
• 2nd from Sadiya to Dhubri
• 3rd from Kollam to Kottapuram
• 4th from Kakinada to Marakkanam
• 5th from Talchar to Dhamra
• 6th from Lakhipur to Bhhanga

Read More

Insolvency and Bankruptcy Code (Amendment) Bill 2017

Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill -2017.The bill prohibits certain persons from submitting a resolution plan in case of defaults. These include wilful defaulters, promoters or management of the company if it has an outstanding non-performing debt for over a year. 

The Bill also has provisions to bar the sale of property of a defaulter to such persons during liquidation. Earlier, Finance Minister Arun Jaitley moved the bill for the consideration and passing.

Read More

Triple Talaq Bill Passed in Lok Sabha

Lok Sabha passed the Muslim Women (Protection of Rights on Marriages) Bill 2017 making instant triple talaq illegal with up to three years in jail for the husband. As per the Minister for Law and Justice Ravi Shankar Prasad, the government has to bring a bill because the practice of instant triple talaq has continued despite the Supreme Court order terming it illegal.

The proposed law would only be applicable on instant triple talaq or ‘talaq-e-biddat’ and give power to the victim to approach a magistrate seeking subsistence allowance for her and minor children. The bill will now be sent to the Rajya Sabha for passage before it is forwarded to the President for signing it into law.

Read More

Viswanathan Anand Wins World Rapid Chess Championship

India’s ace chess player Viswanathan Anand won the World Rapid Chess tournament title in Saudi Arabia by beating Russia’s Vladimir Fedoseev 2-0 in a two-game tie-break.

Saudi Arabia hosted the world chess tournament for the first time. The women’s title was won by China’s Ju Wenjun. Dronavalli Harika was the best-placed Indian, finishing 19th.

Read More

India ranked 5th in list of countries with highest NPA

India has been ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels and is on top spot among the BRICS nations, according to latest report by CARE Ratings. The NPA list is topped by Greece (36.4%) followed by Italy (16.4%), Portugal (15.5%) and Ireland (11.9%). All these countries, along with Spain, are commonly referred to as PIIGS, and have been victims of sovereign debt crises in recent years. Spain is ranked at 7th spot below India and Russia. At 9.85%, India’s NPA ratio is 400 points higher than that of Spain’s. 

The CARE ratings report was compiled in four categories, including low, very low, medium, and high level of NPAs. With NPA ratio of just 1%, Australia, Canada, Hong Kong, Republic of Korea and the United Kingdom were listed in the first category, while China, Germany, Japan, and the USA – with less than 2% of NPA – was listed in the second category. Growing economies like Brazil, Indonesia, South Africa and Turkey were listed in the third category.

Read More

27, 28 December 2017 Current Affairs Questions

27, 28 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 27, 28 December 2017 :
Who has been named PETA’s Person of the Year 2017 ?
A. Akshay Kumar
B. Jacqueline Fernandez
C. R Madhavan
D. Anushka Sharma
Answer: D
Explanation: Actress Anushka Sharma has been named PETA's Person of the Year by animal rights organisation People for Ethical Treatment of Animals (PETA)........Check More at INDIA GK" App: tinyurl.com/IndiaGK

Who will be the new director of Serious Fraud Investigation Office (SFIO)?
A. HS Gill
B. Naresh Chandra
C. Nitesh Singh
D. Amardeep Singh Bhatia
Answer: D
Explanation: Amardeep Singh Bhatia, a 1993 batch IAS officer of Nagaland cadre, will be the new director of Serious Fraud Investigation Office (SFIO). .......Check More at INDIA GK" App: tinyurl.com/IndiaGK

What is the India’s ranks on a list of countries with highest Non-performing Assets (NPA) levels, according to latest report by CARE Ratings?
A. 5th
B. 13th
C. 25th
D. 9th
Answer: A
Explanation: India has been ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels and is on top spot among the BRICS nations, according to latest report by CARE Ratings. The NPA list is topped by Greece (36.4%) followed by Italy (16.4%), Portugal (15.5%) and Ireland (11.9%). All these countries, along with Spain, are commonly referred to as PIIGS, and have been victims of sovereign debt crises in recent years........Check More at INDIA GK" App: tinyurl.com/IndiaGK

Lok Sabha passed which important bill for Muslim women on 28th December 2017?
A. Women Marriage Protection Bill 2017
B. Triple Talaq Bill 2017
C. Muslim Women (Protection of Rights on Marriages) Bill 2017
D. Muslim Women (Triple Talaq Prohibition) Bill 2017
Answer: C
Explanation: The Lok Sabha passed the Muslim Women (Protection of Rights on Marriages) Bill 2017 making instant triple talaq illegal with up to three years in jail for the husband .......Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

Prakash hai to Vikas hai Scheme

Prakash hai to Vikas hai Power Scheme: Uttar Pradesh has launched a free household power connection scheme for the poor in the state to mark former prime minister Atal Bihari Vajpayee’s birth anniversary. 

Under this scheme, the state government has a target of covering 16 million by the end of 2018. Apart from this, the UP government has also introduced Kisan Uday Yojana, scheme for farmers in which existing 5 HP/7.5 HP submersible and coupling sets of farmers will be replaced free of cost. The scheme, which would cover 10 lakh farmers by 2022, would lead to 35% saving on power consumption.

Read More

25, 26 December 2017 Current Affairs Questions

25, 26 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 25, 26 December 2017 :
Good Governance Day is celebrated on which day?
A. 25 December
B. 20 December
C. 23 December
D. 1st January
Answer: A
Explanation: Good Governance Day is observed in India annually on 25 December, the birth anniversary of former-Prime Minister Atal Bihari Vajpayee. Check More at INDIA GK" App: tinyurl.com/IndiaGK

Prakash Parv, is associated with which religion?
A. Hindu
B. Muslim
C. Christian
D. Sikhism
Answer: D
Explanation: The district administration in Patna, Bihar is organising the closing ceremony of 'Prakash Parv', a year-long celebration of the 350th birth anniversary of Guru Gobind Singh. The 'Shukrana samaroh' or 'thanksgiving' will conclude on December 25, 2017. Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which city gets India's First Ever AC Local Train?
A. Delhi
B. Jaipur
C. Mumbai
D. Chennai
Answer: C
Explanation: Mumbai has got India's first ever AC suburban local train as Christmas gift. The first service of the 12-coach EMU will commence between Borivali and Churchgate. The first and 12th coaches from Churchgate end are earmarked as ladies coaches.Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

Jairam Thakur will be New CM of Himachal Pradesh

Five-time legislator Jairam Thakur will be the new Chief Minister of Himachal Pradesh, BJP lawmakers decided after a meeting to pick their chief, attended by the party's Central observers Nirmala Sitharaman and Narendra Singh Tomar. He will take oath on December 27, the BJP has announced. 

The 52-year-old, who represents Seraj, a constituency near Mandi, had earlier been the party's state unit chief and a minister in a government headed by Mr Dhumal. The Chief Minister-designate Jairam Thakur said that he will do his best to come up to expectations of people in the state. 

Read More

23, 24 December 2017 Current Affairs Questions

23, 24 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 23, 24 December 2017 :
Kisan Diwas is celebrated on which day?
A. 25 December
B. 20 December
C. 23 December
D. 1st January
Answer: C
Explanation: Kisan Diwas (Farmer's Day) is observed every year on 23 December to celebrate the birth anniversary of the fifth prime minister of India Chaudhary Charan Singh. He was the PM of India for a very short tenure starting from 28th of July 1979 until 14th January 1980. ..... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Who has won the 2017 Sahitya Akademi Award in Hindi language?
A. Ramesh Kuntal Megh
C. Ramesh Dhaka
C. Mulk Raj Anand
D. Agsar Ali
Answer: A
Explanation: Ramesh Kuntal Megh has been conferred with the 2017 Sahitya Akademi Award for Hindi literature for his book of literary criticism “Vishw Mithak Sarit Sagar”. The award in the form of a casket containing an engraved copper-plaque, a shawl and a cheque of Rs 1 lakh will be presented to the author at a special function on February12, 2018...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which sport is excluded from 2022 Commonwealth Games?
A. Wrestling
B. Shooting
C. Judo
D. Cycling
Answer: B
Explanation: Birmingham Games officials did not pick shooting, which features in the list of optional sports, for the final programme. Instead the organisers chose judo, table tennis, wrestling, gymnastics, diving, cycling and 3v3 basketball as the seven optional sports apart..... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Mamang Dai has won the 2017 Sahitya Akademi Award in English language. She hails from which state?
A. Rajasthan
B. Kerala
C. Tripura
D. Arunachal Pradesh
Answer: D
Explanation: Mamang Dai, Itanagar-based author and journalist, has won the 2017 Sahitya Akademi Award in English language for her 2014 novel “The Black Hill”. The novel gives innate descriptions of the life of the tribal people of north east India from the yester years..... Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

Kisan Diwas - 23 December

Kisan Diwas (Farmer's Day) is observed every year on 23 December to celebrate the birth anniversary of the fifth prime minister of India Chaudhary Charan Singh. He was the PM of India for a very short tenure starting from 28th of July 1979 until 14th January 1980.  A kisan leader, Late Chaudhary Charan Singh belonged to a peasant family. This was the reason he could relate himself with the issues of the farmers and therefore, he did the best to support them. When he became the Prime Minister of India in July 1979 he made many changes to improve the lives of the farmers. 

The Zamindari Abolition Act was also introduced and enforced by him. He was an avid writer too and wrote down his thoughts on farmers and problems related to them along with the solutions. Chaudhary Charan Singh died on 29 May 1987. National Farmer’s Day is celebrated every year in all states and especially in those states which are actively engaged in farming and cultivation such as Uttar Pradesh, Punjab, Haryana, Madhya Pradesh and others.

Read More

Jerusalem as Israel's capital: India votes against US at United Nations

India votes against US at United Nations. India joined 127 other countries to vote in the United Nations General Assembly in favour of a resolution opposing the recent decision of US President Donald Trump to recognise Jerusalem as Israel's capital. Nine countries voted against the resolution, while as many as 35 countries abstained. By a lopsided 128-9 vote, the diplomats gathered in New York City ignored U.S. objections and approved a resolution calling on countries to avoid moving their embassies to Jerusalem. Among the countries that voted in favor of the resolution are many traditional U.S. allies, including the United Kingdom, France and Canada. Israel, which celebrated Trump's decision earlier this month, joined the U.S. in voting against the measure.

United States President Donald Trump announced earlier this month his administration's decision to recognize Jerusalem as the Israeli capital and begin the process of moving the U.S. Embassy to the disputed city. The move fulfilled a key campaign promise - but it also immediately set off a widespread backlash in countries across the world, who believe it would significantly undermine the peace process between Israel and the Palestinians, who also claim Jerusalem as the capital of a prospective state.

Read More

21, 22 December 2017 Current Affairs Questions

21, 22 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 21, 22 December 2017 :
Who has been appointed acting chairperson of National Green Tribunal (NGT)?
A. Jagdish Singh
B. OP Saini
C. UD Salvi
D. Mohit Seth
Answer: C
Explanation: Justice Umesh Dattatraya Salvi has been appointed acting chairperson of National Green Tribunal (NGT) following the superannuation of Justice Swatanter Kumar. He will hold the post till a new Chairperson is appointed or till his superannuation, whichever is earlier. During Justice Kumar tenure as NGT chief, he passed several landmark orders and judgements. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

CBI court acquits A Raja, Kanimozhi on 21st December in which case?
A. PDS Scam
B. 2G Scam
C. VYAPAM Scam
D. Rafale deal
Answer: B
Explanation: Former telecom minister A Raja and DMK MP Kanimozhi were acquitted by a special court in the 2G spectrum scam case on 21st December 2017. Fifteen other accused in the case and three companies were also acquitted. Special CBI Judge O P Saini pronounced the judgement. In its charge sheet filed in April 2011 against Raja and others, ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Who becomes most Expensive Wrestler in Pro Wrestling League (PWL) bidding?
A. Vijender Singh
B. Sushil Kumar
C. Sakshi Malik
D. Helen Maroulis
Answer: B
Explanation: Sushil Kumar was wanted by all the teams ahead of the new season of Pro Wrestling League (PWL) and the bidding war created history in New Delhi. Sold to Delhi Sultans for a whopping amount of Rs 55 lakh, Sushil is now the most expensive player in the history of the tournament. PWL 3 is slated to begin from January 9, 2018 ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

Commonwealth Games, 2022 in Birmingham

The central English city of Birmingham will host the Commonwealth Games in 2022. The 2022 Commonwealth Games were originally given to Durban in 2015, but the South African city was stripped of the event this year because of financial difficulties. The multisports event was last in Britain in 2014 when it was held in Glasgow. Before that, Manchester hosted in 2002.

Read More

CBI court acquits A Raja, Kanimozhi in 2G Scam case

Former telecom minister A Raja and DMK MP Kanimozhi were today acquitted by a special court in the 2G spectrum scam case. Fifteen other accused in the case and three companies were also acquitted. Special CBI Judge O P Saini pronounced the judgement. In its charge sheet filed in April 2011 against Raja and others, the CBI had alleged that there was a loss of over 30 thousand crore rupees to the exchequer in allocation of 122 licences for 2G spectrum which were scrapped by the Supreme Court in February 2012. The Special CBI Court also acquitted all 19 accused, including Raja and Kanimozhi in the Enforcement Directorate’s money laundering case. The court had in October 2011 framed charges against them under various provisions of the IPC and the Prevention of Corruption Act dealing with offences of criminal conspiracy, cheating, forgery and taking bribe.

The case relates to the 2G spectrum allocation made in 2008 when Raja was telecom minister. The 2G licences were awarded on a first-come-first-served basis to new entrants and CDMA operators migrating to GSM technology, at a price discovered in an auction held seven years earlier. On February 2, 2012, the Supreme Court cancelled all the 122 telecom licences and spectrum allocated to nine companies in 2008, holding that the allocation process was flawed. The apex court’s judgment was based on a report submitted by the Comptroller and Auditor General of India (CAG), which stated that the 2G licences had been issued at throwaway prices, resulting in a loss of Rs 1.76 trillion to the exchequer. Further, as per the CAG, the licences had been issued to applicants who had suppressed facts, disclosed incomplete information, submitted fictitious documents or used fraudulent means to secure the licences. The verdict of the CBI special court does not, however, override the Supreme Court judgment cancelling the licences.

Read More

Companies (Amendment) Bill, 2017

Companies (Amendment) Bill, 2017: The Parliament has passed the Companies (Amendment) Bill, 2017 with the Rajya Sabha adopting it 20th December 2018. The Lok Sabha had cleared the bill earlier in the monsoon session. The bill intends to strengthen corporate governance standards, initiate strict action against defaulting companies and help improve ease of doing business. It provides for more than 40 amendments to the Companies Act, 2013, which was passed during the previous UPA regime.

Key Features of Companies (Amendment) Bill, 2017

• Group company structure and compliance procedures: The bill has changed definitions relating to ‘holding company’, ‘subsidiary company’, ‘associate company’. It will have impact on group company structure and compliance procedures.
• Compliance procedures and approval mechanism: It enhances scope of compliance procedures and approval mechanism of Related Party Transaction of related parties.
• Shares on private placement basis: It amends this provision in parent Act. It will have impact on both – private companies and public companies.
• Maintenance of Register of significant beneficial owners in a company: The bill adds this new provision. Besides, changes provisions relating to board meetings and shareholders’ meetings, based on operational and compliance issues faced by the corporates.
• Corporate Social Responsibility (CSR): The amendment to CSR provisions are particularly related to its applicability and constitution of CSR. It takes into account the interpretational and operational issues.
• Resident Director and Independent Director: It provides for clarity in applicability and role of Resident Director and Independent Director. Further it elaborated ‘Pecuniary relationship’ in relation to independent directors.
• Loans to Directors: The bill substitutes entire section relating to ‘Loans to Directors’ under the Companies Act, 2013. It introduces certain checks and balances by way of approval process and for enabling ‘loans to directors’, in certain cases.
• Managerial Remuneration: It liberalises provision related to Managerial Remuneration. It replaces requirement of Central Government approval by requirement of approval of shareholders, secured creditors and non-convertible debenture holders, as the case maybe.
• Auditors Report: It mandates requirement that Statutory Auditor of company to report in its Auditors Report on compliance of provisions of managerial remuneration and whether remuneration paid to any director is in excess of prescribed limits.

Read More

19, 20 December 2017 Current Affairs Questions

19, 20 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 19, 20 December 2017 :
RBI recently puts which bank under PCA?
A. Bank of India
B. United Bank of India
C. Punjab National Bank
D. Dena Bank
Answer: B
Explanation: The Reserve Bank of India has put Kolkata-based United Bank of India under the prompt corrective action (PCA) framework. The additional action points were in the view of high net non-performing assets, low leverage ratio and need to raise capital....... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Mo Farah has won the 2017 BBC Sports Personality of the Year Award. He hails from which country?
A. Japan
B. Austria
C. Britain
D. South Africa
Answer: C
Explanation: Sir Mohamed Muktar Jama “Mo” Farah, who is Britain’s most successful-ever distance runner, has won the 2017 BBC Sports Personality of the Year Award. Farah, a four-time Olympic champion, has won his third successive world 10,000m gold medal in London in August 2017...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which city will host Commonwealth Games, 2022?
A. Birmingham
B. Delhi
C. Sydney
D. Glasgow
Answer: A
Explanation: The central English city of Birmingham will host the Commonwealth Games in 2022. The 2022 Commonwealth Games were originally given to Durban in 2015, but the South African city was stripped of the event this year because of financial difficulties....... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Union government will bear how much amount of MDR charges to promote digital transactions?
A. Rs 1,000
B. Rs 8,000
C. Rs 2,000
D. Rs 5,000
Answer: C
Explanation: To promote digital transactions, the union cabinet has recently decided to bear the Merchant Discount Rate (MDR) applicable on digital payments via debit cards, etc., up to Rs 2,000. The MDR applicable on transactions made through debit cards,...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which country overtook Saudi Arabia as top oil supplier to India?
A. USA
B. Iraq
C. Iran
D. Oman
Answer: B
Explanation: Iraq overtook Saudi Arabia for the first time to become India's top crude oil supplier in the current fiscal. Saudi Arabia traditionally has been India's top oil source but in the April-October period of 2017-18, Iraq dethroned it, supplying 25.8 million tonnes (MT) of oil....... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which country recently elected Europe's youngest leader chancellor?
A. Germany
B. UK
C. France
D. Austria
Answer: D
Explanation: Europe's youngest leader Sebastian Kurz, 31 was sworn in as Austria's new chancellor. Austrian People's Party formed a coalition with the nationalist Freedom Party that is expected to move the country's politics to the right ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

17, 18 December 2017 Current Affairs Questions

17, 18 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 17, 18 December 2017 :
Eastern India’s first compressed natural gas (CNG) stations for scooters has launched in which state?
A. Bihar
B. Assam
C. Manipur
D. Odisha
Answer: D
Explanation: Dharmendra Pradhan, the Union Oil minister, has inaugurated Eastern India’s first compressed natural gas (CNG) stations for scooters at Chandrasekharpur and Patia area in Bhubaneswar, Odisha to supply CNG to vehicles. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which country wins Ashes series 2017-18?
A. India
B. Australia
C. England
D. South Africa
Answer: B
Explanation: Australia won back the Ashes 2017-18 after bowling England out cheaply despite rain delays and a pitch controversy to secure an innings win on the final day of the third Test in Perth on 18th November 2017 ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

What is the official emblem of Beijing 2022 Olympic Winter Games?
A. Flying high
B. Winter wishes
C. Winter Dream
D. Summer Delight
Answer: C
Explanation: The Beijing 2022 Organising Committee (BOCOG) recently launched the official emblems for the 2022 Beijing Olympic and Paralympic Winter Games at a ceremony held at the National Aquatic Center in the Chinese capital on December 15, 2017. The emblem for the 2022 Olympic Games is 'Winter Dream'. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which party wins Himachal Pradesh Assembly election 2017?
A. Congress
B. Akali Dal
C. BJP
D. NCP
Answer: C
Explanation: The BJP has won 44 of Himachal Pradesh's 68 seats and the Congress has won 21. Though the BJP's chief ministerial candidate PK Dhumal conceded defeat in Sujanpur constituency. Himachal BJP president Satpal Singh Satti loses election from Una sea. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

BJP wins how many seats in Gujarat Assembly Election 2017?
A. 118
B. 150
C. 99
D. 114
Answer: C
Explanation: BJP retains Gujarat assembly election 2017 with 99 seats. BJP fought off a strong challenge from Rahul Gandhi-led Congress to win the Gujarat assembly polls for the sixth straight time on 18th December 2017.  ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

15, 16 December 2017 Current Affairs Questions

15, 16 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 15, 16 December 2017 :
Which Indian city is hosting the 3rd edition of World Telugu Conference (WTC-2017)?
A. Chennai
B. Hyderabad
C. Amravati
D. Kochi
Answer: B
Explanation: The 3rd edition of World Telugu Conference (WTC-2017) has formally inaugurated by Vice President M Venkaiah Naidu in Hyderabad, Telangana on December 15. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

The World Conference on Vedas was inaugurated by Vice President M. Venkaiah Naidu in which city?
A. Delhi
B. Jaipur
C. New Delhi
D. Hyderabad
Answer: C
Explanation: The World Conference on Vedas ‘Vishwa Ved Sammelan’ was inaugurated by Vice President M Venkaiah Naidu in New Delhi on 15 December 2017. Naidu said that the Vedas preach world peace, universal brotherhood and welfare for all....... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Jitesh Singh Deo has won the title of Mr India 2017. He hails from which state?
A. Rajasthan
B. Bihar
C. Maharashtra
D. Uttar Pradesh
Answer: D
Explanation: Jitesh Singh Deo from Lucknow has won the title of Peter England Mr India 2017 at the Bandra Fort in Mumbai, Maharashtra on December 14, 2017. Now, he will represent India in Mr World for 2020. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

UIDAI suspends Aadhaar based eKYC licence of which telecom operator on 16th December 2017?
A. Reliance jio
B. Airtel
C. Vodafone
D. Idea
Answer: B
Explanation: In its strongest action yet, the UIDAI on 16th December has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using e-KYC (Electronic Know Your Customer) process as well as e-KYC of payments bank clients...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

PM inaugurated Tuirial hydro power project. It is situated in which state?
A. Nagaland
B. Mizoram
C. Kerala
D. Assam
Answer: B
Explanation: Prime Minister Narendra Modi on 16th December inaugurated the 60 megawatt Tuirial hydro electric power project from Aizwal(Mizoram).  With the commissioning of the project, Mizoram became the third power-surplus state in the north-east. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More

UIDAI suspends Aadhaar based eKYC licence of Airtel

UIDAI suspends Aadhaar based eKYC licence of Airtel. In its strongest action yet, the UIDAI on 16th December has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using e-KYC (Electronic Know Your Customer) process as well as e-KYC of payments bank clients. The action follows allegations of Bharti Airtel using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their 'informed consent'. UIDAI also took strong objection to allegations that such payments bank accounts are being linked to receive LPG subsidy.

Read More

PM inaugurated Tuirial hydro power project

Prime Minister Narendra Modi on 16th December inaugurated the 60 megawatt Tuirial hydro electric power project from Aizawl (Mizoram).  With the commissioning of the project, Mizoram became the third power-surplus state in the north-east. 

The Tuirial project, which was announced and cleared in 1998 by the then Atal Bihari Vajpayee government, was the first major central project to be successfully commissioned in Mizoram, the prime minister said.  The 60 seat Meghalaya assembly is due for Assembly polls in 2018.

Read More

13, 14 December 2017 Current Affairs Questions

13, 14 December 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for December 2017, Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

Download "INDIA GK" App: tinyurl.com/IndiaGK  

Current Affairs Questions on 13, 14 December 2017 :
BCCI recenty Lifted Ban from which state Cricket Board?
A. Rajasthan
B. Delhi
C. Bihar
D. Gujarat
Answer: A
Explanation: The Board of Control for Cricket in India (BCCI) decided to lift the ban on the Rajasthan Cricket Association (RCA) provided former IPL chief Lalit Modi stays away from its functioning ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

What is the India’s GDP growth forecast for 2018, according to United Nations ‘World Economic Situation and Prospects 2018’ report?
A. 6.9%
B. 8.2%
C. 7.2%
D. 7.6%
Answer: C
Explanation: According to ‘World Economic Situation and Prospects 2018’ report, India’s GDP growth is projected to accelerate from 6.7% in 2017 to 7.2% in 2018 and 7.4% in 2019 on the back of strong private consumption, public investment and the ongoing structural reforms. ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Which country recently has handed over Hambantota port to China for a 99 year lease?
A. Iraq
B. Pakistan
C. Srilanka
D. Bangladesh
Answer: C
Explanation:  Sri Lanka has formally handed over its southern strategic port of Hambantota to China on 99-year lease.  Two Chinese firms managed by China Merchants Port Holdings Company (CMPort) and Sri Lanka Ports Authority will own port and the investment zone around it.  ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Neeraj Vora, who passed away recently, was associated with which field?
A. Sports
B. Politics
C. Film Industry
D. Journalism
Answer: C
Explanation: Neeraj Vora (54), the Bollywood actor, writer and director, has passed away in Mumbai, Maharashtra on December 14, 2017. He was known for films such as “Satya”, “Phir Hera Pheri” and “Daud”. As a writer, Vora began working in late 80’s on TV shows ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

Who commissioned scorpene-class submarine INS Kalvari on 14th December 2017?
A. President, Ramnath Kovind
B. PM, Narendra Modi
C. Rajnath Singh
D. Sushma Swaraj
Answer: B
Explanation: Prime Minister Narendra Modi on 14th December commissioned scorpene-class submarine INS Kalvari at the Naval dock yard in Mumbai.  Defence Minister Nirmala Sitharaman, Navy chief Admiral Sunil Lanba, Maharashtra CM Devendra Fadnavis and top defence officials were present at the commissioning ceremony.  ...... Check More at INDIA GK" App: tinyurl.com/IndiaGK

• Current Affairs MCQs, Questions for December 2017
• Current Affairs MCQs, Questions for November 2017
• Current Affairs MCQs, Questions for October 2017
• Current Affairs MCQs, Questions for September 2017
• Current Affairs MCQs, Questions for August 2017
• Current Affairs MCQs, Questions for July 2017
• Download "INDIA GK" Mobile App: https://play.google.com/store/apps/details?id=com.csurender.dune.indiagk  

Read More