Current Affairs Questions and Answers - Mar 03, 2015

Current Affairs Questions and Answers - Mar 03, 2015


Q1. On which framework the government and the Reserve Bank of India have signed an agreement whereby the government has set a target for RBI to bring down inflation below 6% by January 2016?

A. Monetary Policy Framework
B. Fiscal Deficit Framework
C. Inflation Policy Framework
D. Commercial Framework

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ANSWER: A. Monetary Policy Framework.

The Agreement, which was signed on February 20 but made public on 2nd Mar’15, veers round to RBI Governor Raghuram Rajan’s view that India too should move towards inflation targeting, which is common in developed economies. Currently, the Centre and the RBI give inflation estimates, but don’t set targets.




Q2. Name the Indian officer who has been announced as the next ambassador to United States?

A. Sujata Singh
B. Arun Singh
C. S Jaishankar
D. Mohan Kumar
B. Arun Singh.

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ANSWER: At present, Mr Arun Singh is the Indian Ambassador to France. A 1979-batch IFS officer, Mr Singh will be replacing S. Jaishankar, who was appointed as Foreign Secretary on 28th Jan’15.




Q3. Name the social activist who has announced 1100 km foot march against Land Acquisition Bill?

A. Kumar Vishwas
B. Anna Hazare
C. Kiran Bedi
D. None of these

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ANSWER: B. Anna Hazare.

Anna declared on his blog that march will lead Sevagram in Wardha to New Delhi. The march will take up to three months to cover the distance. At the end of the long march Jail Bharo Andolan will be organised at Ramlila Maidan.




Q4. In which state Beef has been banned after President Pranab Mukherjee gave his assent to the Animal Preservation Amendment Bill 1995?

A. Gujarat
B. Uttar Pradesh
C. Andhra Pradesh
D. Maharashtra

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ANSWER: D. Maharashtra.

Now anyone found to be selling beef or in possession of it, can be jailed for five years and fine upto 10,000 rupees. The new act will however allow slaughter of water buffaloes, which provides carabeef, generally seen as inferior quality meat.




Q5. Which state’s Election Commission has decided to launch a comprehensive programme ‘National Electoral Rolls Purification and Authentication Programme (NERPAP) in the State during Mar’15?

A. Jammu & Kashmir
B. Delhi
C. Haryana
D. Punjab

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ANSWER: C. Haryana

The objective of the programme is to bring out a totally error-free and authenticated electoral roll. The Election Commission attaches highest priority to the maintenance of electoral roll without any defects, errors and multiple entries. The programme would take into consideration the summary revision of electoral rolls with respect to January 1, 2015.




Q6. Name the Institute that will be upgraded to an IIT as per the budget 2015?

A. IIIT Allahabad
B. IET Lucknow
C. IISc Bangalore
D. ISM Dhanbad

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ANSWER: Answer: D. ISM Dhanbad

As per the draft prepared for 12th 5-year plan (DRAFT Twelfth Five Year (2012-17), Planning Commission, Yojana Bhawan, Government of India), there is a proposal to upgrade ISM Dhanbad to IIT.




Q7. Name the mission that has been proposed to draw on expertise of entrepreneurs and researchers to foster scientific innovations in the infrastructure sector?

A. Subhash Chandra Bose Innovation Mission
B. Atal Innovation Mission
C. Malviya Innovation Mission
D. None of these

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ANSWER: Answer: B. Atal Innovation Mission.

Finance Minister Arun Jaitley announced the Atal Innovation Mission (AIM), an innovation promotion platform in the NITI Aayog, with an initial fund of Rs 150 crore for research and development.




Q8. In the budget 2015, the government slashed the Corporate Tax from 30 percent to ____.

A. 28%
B. 20%
C. 25%
D. 26%

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ANSWER: C. 25%.




Q9. Who has been appointed as the new Chairman of the National Book Trust (NBT) on 2nd Mar’2015?

A. Baldev Sharma
B. Manoj Singh
C. Vandana Tiwari
D. Seema Singh

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ANSWER: A. Baldev Sharma.




Q10. Name the person appointed as the Chairman of Board for Cricket Control of India (BCCI) on 2nd Mar’15?

A. Anurag Thakur
B. Jagmohan Dalmiya
C. Prem Kumar Dhumal
D. Sharad Pawar

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ANSWER: B. Jagmohan Dalmiya.

Jagmohan Dalmiya made his grand comeback after 10 years in Board for Control of Cricket in India (BCCI) after he was unanimously elected president of the BCCI. Anuarg Thakur is appointed as the BCCI Secretary. Anurag Thakur is BJP Lok Sabha MP from Himachal Pradesh.




Q11. Name the economist appointed as the new Economic Mentor of FICCI public policy and economic framework?

A. Amartya Sen
B. Arvind Virmani
C. P Chidamabaram
D. Arun Singh

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ANSWER: B. Arvind Virmani.

Arvind Virmani, who served as the country's Chief Economic Advisor and Principal Advisor in the Planning Commission, will now mentor Federation of Indian Chamber of Commerce and Industries (Ficci's) public policy & economic work.




Q12. Name the person appointed as the Judicial Commissioner to Supreme Court Bench of Singapore?

A. Jairam Ramesh
B. Arvind Kumar
C. B S Kalsi
D. Kannan Ramesh

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ANSWER: D. Kannan Ramesh.

Indian-origin lawyer Kannan Ramesh was on 27 February 2015 appointed as Judicial Commissioner to Singapore’s Supreme Court bench with effect from 22 May 2015. He will serve the office for two years.



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  • RE: Current Affairs Questions and Answers - Mar 03, 2015 -vaisakh (07/24/15)
  • very helpful
  • RE: Current Affairs Questions and Answers - Mar 03, 2015 -ruler (03/04/15)
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  • RE: Current Affairs Questions and Answers - Mar 03, 2015 -Akbar Saleem Shaik (03/04/15)
  • Thanku.. . Good... Continue...
  • RE: Current Affairs Questions and Answers - Mar 03, 2015 -Vivek Dwivedi (03/03/15)
  • Thanks Readers for consistent feedback..
  • RE: Current Affairs Questions and Answers - Mar 03, 2015 -aabhishek yadav (03/03/15)
  • thank u so much sir

  • RE: Current Affairs Questions and Answers - Mar 03, 2015 -Gaurav Pal (03/03/15)
  • Thank u so much sir