DAILY CURRENT AFFAIRS 17 DEC. 2014

DAILY CURRENT AFFAIRS-17 DECEMBER 2014

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1)         THE 14^TH COMMISSION SUBMITTED ITS REPORT TO PRESIDENT

Ø  The Commission gave its views on the devolution of tax receipts from the centre to the state between April 2015 to 31 March 2020.

Ø  14^th Finance commission is headed by former RBI Governor Y.V.Reddy

Ø  Finance Commission is constitutional body under Article 280 of the Constitution of India

Ø  Finance Commission distributes the taxes between the Union and State and allocates the funds accordingly.

        EXPECTED QUESTIONS:

1.     Who headed the 14^th Finance Commission:

a.  Vijay Kelkar               

b. Y.V.Reddy               

c. ArunJaitly   

d. RaghuramRajan

2.     Which Article of the Constitution of India deals with Finance Commission:

a.   281                             

b. 279                         

c. 280            

d. 285

3.     To whom Finance Commission submit its report:

a.   Prime Minister                         

b. Finance Minister

c.  Planning Commission              

d. President

2)         ‘BANK AAP KI MUTHI MEIN’

Ø  HDFC Bank launched Mobile Banking facility namely ‘Bank Aap Ki MuthiMein’ .

        EXPECTED QUESTIONS:

1.  Which Bank launched mobile banking under the tagline ‘Bank Aap Ki Muthi Mein’:

a.    SBI                              

b. HDFC                      

c. ICICI 

d. Canara Bank

3)         PESHAWAR MASSACRED

Ø  132 students have been killed by 6 terrorists at Army School in Peshawar,Pakistan. Tehrik-e-Taliban accepts the attempt.

        EXPECTED QUESTIONS:

1.     Which city of Pakistan is in news for terrorist attack:

a.   Islamabad                             

b. Lahore                    

c. Peshawar                

d. Rawalpindi

4)         SUPREME COURT APPROVED SANSKRIT AS RHIRD LANGUAGE IN KV

Ø  Supreme Court approved re-introduction of Sanskrit as third language in KendriyaVidyala (classes VI-VIII)

Ø   Sanskrit replaced German Language

Ø  The third language formula was introduced in 1968 National Policy resolution. By Union Education Ministry.

Ø  It means that Children are to be taught three language, namely, Hindi, English and one optional language.

        EXPECTED QUESTIONS:

1. Which among the following language has been approved as third language by Supreme Court to be taught as third language in KV’S:

a.   German                    

b. Punjabi       

c. Sanskrit       

d. Marathi

2.  Which of the following language has been replaced by Sanskrit as third language:

a.   German             

b. French                   

c. Chinese                   

d. Malayalam

5)         INDIA 3^RDON BLACK MONEY LIST

Ø  As per Global Financial Integrity report , India has been ranked 3^rd on Black Money list with an estimated $ 94.76 billion wealth outflow in 2012.

Ø  Russia is on the top, followed by China.

         EXPECTED QUESTION

1.What is India’s rank on Black Money list according to GFI:

a.1^st        

b. 2^nd              

c. 3^rd                            

d. 4^th

2.Which country topped the Black Money List:

a.   China                  

b. Germany                  

c. Russia                     

d. France

6)         MURTHY APPOINTED US SURGEON GENERAL

Ø  The US senate has confirmed Dr. VivekHallegere Murthy as the next Surgeon General of the United States of America

Ø  Murthy is the first Indian American Surgeon General and the Youngest person to hold this position

         EXPECTED QUESTIONS

1.Who among the following Indian American has been appointed as Surgeon General of The US:

a.       Dr. VivekHallegere Murthy

b.      Dr. Raman Verma

c.       Dr. Neel Mukherjee

d.      Dr. MirmalBatra