Current General Awareness Questions Answers Quiz: 28 December 2012

1. Consistent with the stance of monetary policy and based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank has decided to conduct OMOs by purchasing government securities for an aggregate amount of Rs 8,000 crore on December 28, 2012. OMOs are the market operations conducted by the RBI by way of sale/purchase of government securities to/from the market, with an objective to adjust the rupee liquidity conditions in the market on a durable basis. What is OMO?
[Category: Business Economy Current Affairs]
[A]Open Monetary Operations
[B]Open Market Operations
[C]Overseas Market Operations
[D]Operative Monetary Operations


2. Iranian President Mahmoud Ahmadinejad on Thursday dismissed his only female cabinet minister(health minister), after she criticized her colleagues for failing to provide funds to import vital medicines. Appointed in 2009, she was the first woman government minister since the Islamic Republic was established in 1979. While seen as politically conservative, the gynaecologist has advocated a greater role for women in society. Can you name her?
[Category: International Politics Current Affairs]
[A]Marzieh Vahid Dastjerdi
[B]Mame Madior Boye
[C]Roza Otunbayeva
[D]Atifete Jahjaga


3. Five years after former Pakistan Prime Minister Benazir Bhutto was assassinated, her only son and anointed heir Bilawal Bhutto Zardari made his formal debut on Thursday in the turbulent and often lethal world of Pakistani politics at an emotional rally in a small village which is his family's ancestral home in the south of the country. He is the chairman of which political party in Pakistan?
[Category: World Current Affairs]
[A]Pakistan Muslim League (PML)
[B]Awami National Party
[C]Pakistan People's Party (PPP)
[D]Pakistan Tehreek-e-Insaf


4. The National Water Resources Council is organising a meet on National Water Policy, 2012 on Friday, 28th December 2012 which will be chaired by Prime Minister Manmohan Singh. All Chief Ministers are members of the National Water Resources Council, which last met in April, 2002 and adopted the National Water Policy, 2002. The current draft policy stresses on the need to evolve a broad overarching national legal framework on water. The draft announced by the government in January this year was revised twice based on the recommendations made by the National Water Board. Who is the head of the National Water Resources Council in India?
[Category: Environmental News Current Affairs]
[A]Prime Minister
[B]President
[C]Vice President
[D]Minister of Environment and Forests


5. On Friday, December 28, 2012, Ratan Tata handed over the top job at India’s largest industrial house, Tata Group, to his successor, 44-year-old Cyrus Pallonji Mistry. Mistry is taking over as chairman of Tata Sons, promoter-company of the group. Tata, however, will serve as honorary chairman emeritus and remain chairman of the various Tata trusts. Mistry is the second person without the Tata surname to head the group. Who was the first person?
[Category: Business Current Affairs]
[A]Farrokh K Kavarana
[B]Nowroji Saklatwala
[C]Shapoorji Mistry
[D]Simone Naval