Current Affairs Questions and Answers - May 14, 2015

ANSWER: B. 2 Million Tonnes

The maximum retail price of urea for farmers has been left untouched at Rs 268 per bag of 50 kilograms, excluding local taxes. The Cabinet has approved the comprehensive New Urea Policy 2015 for the next four fiscals in order to maximise indigenous urea production and promote energy efficiency in urea units to reduce the government's subsidy burden. The policy will result in direct saving of subsidy of around Rs 2,618 crore and indirect saving of Rs 2,211 crore.

ANSWER: A. Non hazardous Occupation B. After School Hours & C. During Vacation

The Cabinet gave its nod for amendments to the Child Labour (Prohibition and Regulation) Amendment Bill, 2012. The amendments strike a balance between the need for education of a child and his socio-economic conditions. A child can help his family or family enterprise which is non-hazardous occupation or process after school hours or during vacation. A Child can also work as artist in an audio-visual entertainment industry other than the circus provided his or her school education is not affected.

ANSWER:
C. Supreme Court.

Both the posts are vacant after the retirement of incumbent CVC Pradeep Kumar and Commissioner JM Garg in September last year. On Monday, Attorney General Mukul Rohatgi told the bench of Chief Justice H.L.Dattu, Justice Arun Mishra and Justice Amitava Roy that the names have been shortlisted and wanted the court's consent to go ahead with announcement of the names.

ANSWER: A. Status of the societies to the applicants and B. Certificates issued to the societies.

The portal www.mscs.dac.gov.in will provide easy access of information relating to the status of the societies to the applicants as well as to the general public. Initially the website shall facilitate access of information like status of applications, notices, orders, certificates issued to the societies and contact details of officers. It shall also provide link to the websites of the offices of State Registrars of Cooperative Societies.

ANSWER: A. President, Prime Minister and the Chief Justice of India.

A bench headed by Justice Ranjan Gogoi approved the suggestions given by a three-member committee on regulation of public advertisements, barring a few exceptions. It rejected the stand of the central government that judiciary should not encroach into government policies and executive decisions and said that they can step in if there is no policy or law in place.

ANSWER: C. Border Security Force

Besides anti-naxal operations, these helicopters will also be deployed for disaster management functions and fulfills the requirements of the National Security Guards. The first batch of two helicopters was inducted in BSF Air Wing.

ANSWER: D. USD 250 Billion.

Addressing a seminar on Challenges in enhancing coal production in New Delhi on 13th may’15, Power and Coal Minister Piyush Goyal said that government is also planning to open 40 to 50 coal mines in next one and half years to increase the production and productivity of coal.

ANSWER: A. 5% & 10%.

The proposed share sale of 5 per cent in NTPC will fetch the government 5,565 crore rupees while that of 10 per cent in IOC will bring in 7,932 crore rupees. Thus, the stake sale in both companies will help the government mop up over Rs 13,000 crore.

ANSWER: C. Attachment and Confiscation of Benami Properties and also fine with imprisonment.

This is one more initiative taken by the NDA government to fight the menace of black money.

ANSWER: A. Sharukh Khan

The ED is investigating two separate sale of shares by Kolkata Knight Riders in 2009 and 2010. An audit by ED concluded that Kolkata Knight Riders' shares were undervalued during these two transactions. ED had also summoned the actor last month for questioning.

ANSWER: C. Hyderabad

ANSWER: B. North Korea

North Korea's Defence Minister Hyon Yong-chol has been executed for showing disloyalty to leader Kim Jong-un, South Korea's spy agency has told parliament.