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Current Affairs Quiz/Questions-Answers March 2013, March 4-March 10

Mar 11, 2013 16:42 IST

The week of March 2013, witnessed several events from across the world related to Social Security Agreement, India-UK Summit, Japan and US agreed on Free Trade Auto Exception and more. To test your knowledge and preparation by solving the quizzes that follows based on such events.

1. The India-UK Summit talks took place on 19 February 2013 in New Delhi during the official visit of British Prime Minister, David Cameron to India. During the talks several issues were discussed between the two nations, which of the following statements are true in context of the summit?
I. The two nations considered the results of India-UK Education Forum meeting which took place on 30 January 2013 in London.
II. India welcomed the British Council’s programme for providing digital English language materials for Indian learners.
III. Both India and UK created limitations over welcoming legitimate travellers, including students, tourists, visitors, business people or qualified workers.
IV. UK Prime Minister David Cameron committed to facilitate India with cutting edge British technology, civil and military, in accordance with the international obligations.
a) Statements I, II and III are true
b) Statements I, II and IV are true
c) Statements II, III and IV are true
d) All the four statements are true
Answer: (b) Statements I, II and IV are true

2. India and Republic of Portugal Signed a Social Security Agreement on 4 March 2013. Which of the following statements in context of the signed agreement are true?
I. The agreement was signed at New Delhi during the India visit of Paulo Sacadura Cabral Portas, Minister of State of Foreign Affairs of Portugal.
II. The bilateral social security agreement would help in taking advantage of the emerging employment opportunities and strengthening the trade and investments between the two countries.
III. For short term contract of up to 10 year, no social security contribution should be paid under the Portuguese law by the detached workers, in case they are making their contribution of the social security payment in India.
IV. In case an employee is sent to Republic of Portugal by an Indian Company from a third company then also the benefits of the agreement will be available to the Indian worker.
a) Statements I, II and III are true
b) Statements I, II and IV are true
c) Statements II, III and IV are true
d) All the four statements are true
Answer: (b) Statements I, II and IV are true

3. Pranab Mukherjee and Sheikh Hasina Inaugurated Freight Train to Bangladesh. Which of the statements mentioned below in context of the event are true?
I. The locomotives and tank wagons being supplied to Bangladesh under 1800 million US Dollar line of credit that was provided by India.
II. The freight train was inaugurated at Dhaka cantonment railway station. The freight train comprised of twenty broad gauge tank wagons, two locomotives and one brake van.
III. Inauguration of the railway wagons as well as locomotives in Dhaka was a part of the implementation of 114 projects which were approved under the 800 million US dollar credit line provided by India to Bangladesh.
IV. Out of the total projects to be implemented, 12 are the railway projects which encompass four infrastructure development projects as well as eight rolling stock projects, which in turn will be implemented at an overall cost of 629 million US dollars approximately.
a) Statements I, and III are true
b) Statements I, II and IV are true
c) Statements II, and IV are true
d) All the four statements are true
Answer: (c) Statements II and IV are true

4. Japan and US agreed on Free Trade Auto Exception in the month of March 2013. Which of the following statements in context of the Agreement true?
I. Agreement on exemptions for the auto industry in a thoughtful Pacific-wide free trade pact was reached, with Japan showing its readiness to announce its entry into negotiations.
II. Both the Countries agreed in principle that the US will be able to keep tariffs on car imports — 2.5 per cent for passenger cars and 25 per cent on trucks — for at least five to 10 years under the Trans-Pacific Partnership (TPP).
III. US auto sector also welcomed Japan’s entry, claiming Tokyo maintains non-tariff barriers on autos, and says a deal would give Japanese automakers unfettered access to their market, and allow them the same chances.
IV. The emerging pact could boost growth and set rules to govern trade in the dynamic but unwieldy region, which includes much of East Asia, as well as some American countries.
a) Statements I, and III are true
b) Statements I, II and IV are true
c) Statements II, and IV are true
d) All the four statements are true
Answer: (b) Statements I, II and IV are true

5.
India in the month of March 2013 proposed the idea of a hydrocarbon pipeline with Kazakhstan that is intended to bring fuel through a five-nation route.
I. The proposed pipeline would cover about 1500 kms (no study has yet been done), thus making it longer than the planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline which will serve as the role model.
II. It will head from the former Silk Road caravanserai city of Shymkent, known today for oil refining, and enter Uzbekistan.
III. From there it will go to Afghanistan and then follow the route to be taken by the TAPI pipeline into India via Pakistan.
IV. It has the potential to be extended to Russia resolving the headache of transportation that has vexed Indian energy security managers when they scout for hydrocarbon collaboration with Moscow.
a) Statements I, and III are true
b) Statements I, II and IV are true
c) Statements II, and IV are true
d) All the four statements are true
Answer: (b) All the four Statements are true

 

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