Current Affairs Questions & Answers - Nov 14, 2015

ANSWER: All of the above

Explanation:
The PM presented Her Majesty The Queen a set of photos taken 54 years ago from the first visit in India in January-February 1961 when she was a chief guest at the Republic Day parade. In addition, the Prime Minister also presented to Her Majesty some award-winning Darjeeling tea from Makaibari tea estate in West Bengal, fine organic honey from Jammu and Kashmir, and Tanchoi stoles from Varanasi.

ANSWER: Boeing P8I

Explanation:
Providing a boost to the firepower of the Indian Armed Forces, India’s defence minister dedicated Boeing P 8 I (Poseidon Eight India) Long Range Maritime Patrol aircraft to the nation on 13th November 2015. The aircraft was unveiled at Southern India Naval Air Station, INS Rajali around 70 km off Chennai.P-8I aircraft is a variant of the P-8A Poseidon aircraft that Boeing developed as a replacement for the US Navy P-3 fleet. Indian Navy became the first global customer for this aircraft with a conclusion of a USD 2.1 billion contract with the US.

ANSWER: World Indology Conference

Explanation:
The conference will be hosted in collaboration with Indian Council for Cultural Relations from November 21 to 23 2015. In this first of a kind event, 21 well known Indologists will be hosted by Rashtrapati Bhavan with 8 Indian scholars to debate on topics pertaining to Indian culture and philosophy. ‘Distinguished Indologist’ Award will be presented by President Mukherjee toProf. Heinrich Freiherr Von Stietencron from Germany on the occasion, having been instituted for the first time by ICCR.

ANSWER: CarWale

Explanation:
In a move towards consolidation in the online automobiles classified segment, CarTrade has acquired rival company CarWale in a complete cash deal. The financial details of the merger have not been disclosed. German media major Axel Springer has exited the acquired firm, selling entire shareholding to CarTrade. Rival CarDekho has acquired Zigwheels, an auto portal owned by Times Group. The two companies receive over 32 million monthly visits and work with new as well as used car dealers listing more than 2,25,000 used cars for sale. Combined entity will work to outperform CarDekho and horizontal classified services such as Quikr and Olx. CarTrade has many investors including Warburg Pincus. Epiphany Ventures, JP Morgan and March Capital.

ANSWER: 79

Explanation:
Scientists have discovered the fossils of a new species of duck billed dinosaur in the US which existed on earth around 79 million years ago. Dinosaur species was uncovered by Montana State University researchers. This shows an evolutionary transition from the earlier duck billed species to the descendants of the group. This dinosaur species uncovered the gap between an ancient form with no crest and descendants who subsequently bore large crests. Elizabeth Freedman Fowler and MSU paleontologist Jack Horner named the dinosaur Probrachylophosaurus bergei and indicated that it was the missing link between a preceding species, Acristavus, which lived about 81 million years ago, and form Brachylophosaurus, which lived about 77.5 million years ago.

ANSWER: Homosexual

Explanation:
The key legislation is for paving the way for visa free travel between the EU and Ukraine. The 450 seater parliament approved the bill through 234 votes in favour. Bill banning discrimination of homosexuals in the workplace had previously been rejected multiple times.

ANSWER: 52%

Explanation:
India has around 52% of the customers that spend the least amount of time online even as 56% of them have found it is easier to locate products and services online, an Ericsson survey has found. A study by Ericsson Consumer Lab has found 52% of Indians are currently in the non-networked group and only 1 in 5 of the group uses the internet. The non-networked companies comprise 18% of the consumers.

ANSWER: France

Explanation:
Over 150 persons were killed in shootings and explosions around Paris, many in a popular concert hall where they were held hostage by terrorists, police have said. French president Francois Hollande was attending an international soccer game when explosions also took place outside the national stadium.

ANSWER: South Korea

Explanation:
Government of India has signed an MoU with Republic of Korea/South Korea for enhancing the existing air service cooperation between the two nations in an agreement which will strengthen capacity entitlements for both nations and see Korean carriers gaining more access to airports. Air connectivity between the two countries will also be enhanced following this MoU. Two additional points of call-Chennai and Bengaluru have been added to S. Korean carriers. Indian carriers have also been granted additional beyond points as part of the MoU.

ANSWER: 6

Explanation:
Macquarie Bank Ltd has sold close to 6 percent stake in Hathway Cable and Datacom Ltd for INR 241 crore in an open market transaction on 13th November to Global private equity firm Providence Equity Partners. The shares were sold at INR 45.65 per share and picked up by a unit of Providence Equity Partners, P 5 Asia Holding Investments (Mauritius) Ltd. Providence Equity Partners owns 10.85 percent in Hathway Cable and Macquarie which earlier owned a 9.42 percent stake has sold 75% of it. This acquisition follows the easing of FDI norms in broadcasting by GoI.

ANSWER: LSE

Explanation:
Yes Bank has signed a pact with London Stock Exchange for issuance of bonds and equity with focus on green infrastructure finance under which USD 500 million green bonds will be issued by December 2016 on the bourse. The agreement may be used to raise capital equity through global depository receipt listing on the LSE. Leading British lender Stan Chartered has entered into an agreement with the government for a new financial services leadership program to further the Skill India initiative through the Stan Chartered-Chevening Financial Services Leadership Programme