Current Affairs Questions & Answers - Dec 07, 2015

ANSWER: India

Explanation:
A recent survey conducted by Ernst & Young has found India is the top FDI destination during the first half of 2015. The survey entitled “Ready, Set, Group: EY’s 2015 India Attractiveness Survey” has sown increased investor interest in the nation. Close to 500 international leaders from numerous organisations worldwide were part of the survey. Close to 32% of the voters polled India as the most attractive FDI destination.

ANSWER: Both a and c

Explanation:
Forest cover in UP has shown a marginal rise within the past two years, as per latest report of Forest Survey of India. Report indicated that India’s forest cover rose by 3775 square km since 2013 taking the total to 701,673 sq km equalling 70.17 mha or 21.34% of the nation’s geographical area. Increased forest cover was observed in the following states : Kerala, TN, J&K and Karnataka. As against 2013, there has been a rise of 572 sq km in dense forest area and 30 sq km in open forest in the current year, while the area of moderately dense forest fell by 490 sq km. UP also entered the Guinness Book of World Records for planting the highest number of saplings in a single day.

ANSWER: 20

Explanation:
Biennial survey conducted by the Forest Survey of India, Dehradun has found that the mangrove cover in the state, which remained static at 186 sq km between 2005 and 2013 has reached 222 sq km. This is the biggest rise in mangrove cover recorded by any Indian state in the 2 year period from 2013 to 2015.

ANSWER: Paytm

Explanation:
Online e-commerce and payments company Paytm has acquired Near.in in a consolidation in the local and home services market. With this acquisition, Gurgaon based Near.in is in line with the strategy of the payment company to strengthen online to offline play. Near.in has raised seed funding from well known entrepreneurs such as Anupam Mittal and vanish Vij.

ANSWER: RealtyCompass

Explanation:
Online classifieds portal Quikr has acquired a real estate analytics platform RealtyCompass which enables customers and investors to be involved in the decision making process through provision of builder ratings and project analysis. RealtyCompass was founded in 2013 by N. Bhandari, S. Srinivasan and A. Mishra and will now be part of QuikrHomes.

ANSWER: Khan academy

Explanation:
Leading open access online educators, Khan Academy have announced a 5 year, not for profit partnership with TATA Trust to provide free online education for the Indian market. US based Salman Khan is the founder of this initiative. This partnership will provide guidance to students on Indian languages and subject matter in NCERT textbooks in regional languages.

ANSWER: 7th December

Explanation:
President of India. Shri. Pranab Mukherjee has issued a congratulatory message on the eve of Armed Forces Flag Day, which was observed on 7th December 2015. Armed forces have protected India’s territorial integrity and boundaries. This day is a celebration of their unique services to the nation.

ANSWER: Dr. B.R. Ambedkar

Explanation:
Shri. Narendra Modi, the PM of India released 2 commemorative coins as part of 125th birth anniversary celebrations of Dr. B. R. Ambedkar. The coins where of 10 and 125 rupee denomination and issued on Mahapranirvan Divas of Dr. Ambedkar. Observance of Constitution Day on November 26th also marked the celebrations.

ANSWER: UDAY

Explanation:
The in-principle approval was given on 6th December 2015. Ujwal Discom Assurance Yojana has provided incentives to states to restructure discom debts. Incentives include taking over of DISCOM debt by states outside the fiscal deficit limits and reduction in power cost. UDAY aims at lowering the cost of power generation.