Current Affairs Questions and Answer - July 26 & 27, 2015

ANSWER: A. Shah Committee

The government will soon take a decision on the Justice AP Shah Committee's report on applicability of the Minimum Alternate Tax, MAT, on foreign investors. MAT is a way of making companies pays the minimum amount of tax. The report comes against the backdrop of foreign investors dragging the government to court over applicability of MAT on capital gains made by them. The Income Tax Department had sent notices to 68 FIIs demanding around 603 crore rupees as MAT dues of the previous years with FIIs moving the higher court challenging this demand.

ANSWER: D. Assam

So far 66 deaths and 365 JE positive cases have been reported from different districts of the State. Maximum numbers of deaths were reported from the upper Assam districts.

ANSWER: D. Union Government

Minister of Law and Justice DV Sadananda Gowda said that Cabinet approval for phase-two of the mission mode e-court project with the cost of Rs 1786 crore has been secured last week. It will help establish a digital library networked with all the courts in the country with access to law journals, judgments and books.

ANSWER: C. Pluto

The latest discoveries are from the flyby prior this month of New Horizons that has revealed unprecedented views of the distant dwarf planet as a complex world. NASA associate administrator John Grunsfeld said that with ice, mountain ranges, and vast haze, Pluto is showing a diversity of planetary geology.

ANSWER: B. Delhi Court

Other two prominent IPL players -- Ajit Chandila and Ankeet Chavan -- who were on bail, like Sreesanth, were also discharged in the case. The three cricketers were representing IPL team Rajasthan Royals when the scandal broke. They were arrested in May 2013 for alleged spot fixing in some matches of IPL 6. However the court had granted bail to Sreesanth, and various others accused for lack of evidence against them.

ANSWER: C. Odisha

Bahuda Yatra is the journey of the three chariots of the lords to Sri Jagannath Temple from Sri Gundicha Temple. After spending a week inside the Sri Gundicha temple, the deities commence their Bahuda Yatra on the 10th day of the Yatra. The Bahuda Yatra- Return Car Festival of Lord Sri Jagannath, Sri Balabhadra and Devi Subhadra organised at the holy town of Puri.

ANSWER: D. Oman

A five-wicket win over Namibia at the ICC qualifying event saw the Gulf minnows reach their first major international tournament. Victory also saw the ICC grant Oman a full T-20 status. The 16 teams who will compete in the final phase of the World T-20 are the 10 Test sides, plus qualifiers Scotland, Ireland, Hong Kong, the Netherlands, Afghanistan and Oman.

ANSWER: A. Usain Bolt

Olympic champion and world record holder Usain Bolt has blasted out a World Championship warning with a victory in the 100-metres race at the London Diamond League meeting. The Jamaican sprinter won in 9.87 seconds, the same time he had set in winning his heat earlier at the London Olympic Stadium.

ANSWER: A. Roelant Oltmans

He replaces Paul van Ass, who was unceremoniously sacked after a bitter spat with Hockey India President Narinder Batra. The 61-year-old Dutchman, who has been associated with Indian hockey for close to three years now, will be at the helm of affairs at least till next year's Olympic Games in Rio de Janeiro. The decision to appoint Oltmans was taken at a meeting between Sports Authority of India's Director General Injeti Srinivas and Batra.

ANSWER: B. 26th July’15

The Kargil war was fought from 3rd May to 26 July in 1999 against Pakistan intruders who in the winters of 1998 transgressed into this side of territory along the Line of Control and occupied fortified defences overlooking the National Highway 1-A in Drass, Kargil and Batalik of the Ladakh region.

ANSWER: B. HD Deve Gowda

Former Prime Minister HD Deve Gowda will launch a hunger strike in New Delhi to highlight the problems being faced by farmers, amid rising numbers of suicides by them, including in his home state Karnataka.

ANSWER: A. One Rank One Pension

OROP is a long standing demand of ex-servicemen. The scheme will grant retired armed forces personnel pension parity with officers and jawans of the same rank who are retiring now. Joining ex servicemen in their protest, Mr Hazare warned the government to not go back on their promise to implement the OROP scheme. He also said war widows get a meager amount as pension in present times. The social activist said he will travel to other parts of the country to raise the issue and launch an indefinite fast on October 2 at Ramlila Ground.

ANSWER: B. European Union

The ban will come into effect on August 21. According to Germany's drug regulator, the Federal Institute for Medicines and Medical Products and it will be applicable to all 28 member nations. GVK Bio had vehemently denied the allegations. The company offered to conduct fresh studies of the medicines involved at its own cost.

ANSWER: A. Iran

Iranian Ambassador Gholamreza Ansari said in New Delhi that India should take advantage of the time before the western countries start making their investments after lifting of sanctions in the next 3-5 months.

ANSWER: B. Second

Vinesh (48kg), Lalita Sehrawat (55kg) and Anita (63kg) put up impressive shows as they won all their bouts in their respective weight categories, while Sakshi Malik lost just one fight in 58kg division to help the eight-member team bag a silver medal at the July 23-26 event. The Kazakhstan tour is expected to help the Indian eves put up a good show at the World Championship, to be held in Las Vegas, USA from September 7-12, which will also be the first qualification event for Rio Olympics 2016.