RAPID GK SERIES 23

<div dir="ltr" style="text-align: left;" trbidi="on">1. Uranium City is located in this Country<br /> 2. The Capital of Netherland is<br /> 3. Panama Canal connects the Gulf of Panama with this Gulf<br /> 4. The First Engineering College in Asia was established in this City<br /> 5. He is the author of this book œMy Country, My Life<br /> 6. The Singular form of Data is<br /> 7. In this year the Capital of India was transferred from Calcutta to Delhi<br /> 8. This Vitamin is available from Sun Rays<br /> 9. ˜Satyartha Prakash , was written by<br /> 10. Fish generally breathe through this organ<br /> <br /> <i><strong>ANSWERS</strong></i><br /> <br /> 1. Canada<br /> 2. Amsterdam<br /> 3. Gulf of Campeche<br /> 4. Roorke<br /> 5. Lal Krishnan Advani<br /> 6. Datum<br /> 7. 1911<br /> 8. Vitamin D<br /> 9. Swami Dayanand Saraswati<br /> 10. Gills</div>

RAPID GK SERIES 23

1. Uranium City is located in this Country 2. The Capital of Netherland is 3. Panama Canal connects the Gulf of Panama with this Gulf 4. ...

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Indian rupee depreciates to 52.85 against dollar

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVYzDFyPBkmJKwIeFjNjC2B3d26C2b5bXdFfolGIY5AeMpwX3QhLe1b7XybLOsjPgPazorfoTIvVbB8bIyMCBIaQ2wrJ6mDZkc2Xl3wBAz1_J9Kljwa3XLpY2fXR1oVsm_Ynj65-0iZpo/s1600/Rupee_Declines_986.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="140" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVYzDFyPBkmJKwIeFjNjC2B3d26C2b5bXdFfolGIY5AeMpwX3QhLe1b7XybLOsjPgPazorfoTIvVbB8bIyMCBIaQ2wrJ6mDZkc2Xl3wBAz1_J9Kljwa3XLpY2fXR1oVsm_Ynj65-0iZpo/s200/Rupee_Declines_986.jpg" width="200" /></a></div><div style="text-align: justify;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><strong>The Indian rupee declined by 14 paise to Rs 52.85 against the US dollar in early trade today on good dollar demand from banks and importers amid a weak trend in the domestic equity market.</strong></span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><strong> </strong></span></span> </div><div class="body" style="text-align: justify;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><em>what is the exchange rate today?</em> 52.85 rupees per dollar</span></span></div><div class="body" style="text-align: justify;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><em>what was it last?</em> 52.71 rupees per dollar</span></span></div><div class="body" style="text-align: justify;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><em>where?</em> On interbank foreign exchange trade</span></span></div><div class="body" style="text-align: justify;"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><em>why</em>? Due to increase in demand for dollars from banks and importers.</span><span style="font-family: verdana,geneva;">Rupee, the worst performing Asian currency, is expected to remain under pressure in the near term due to a rising import bill, slowing exports and dwindling inflows.</span></span></div><div style="text-align: justify;"><span style="font-size: small;"><em><span style="font-family: verdana,geneva;">Adverse Impacts of declining rupee:</span></em> <span style="font-family: verdana,geneva;">Imports become costlier. Production costs on agriculture increases as most of the fertilizers are imported.Hardware technology becomes cotlier. Energy which constitutes the biggest portion of the import bill absorbs more rupees.Transportation cost increases as fuel price increases. </span></span></div></div>

Indian rupee depreciates to 52.85 against dollar

The Indian rupee declined by 14 paise to Rs 52.85 against the US dollar in early trade today on good dollar demand from banks and importer...

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SIDBI extends Rs 100 crore to IOB for MSME sector

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEin3dTBnKWIBWNgAqizL-sjrXVhjCvqV4wl1ngRaUDb8RImqIg6esshUZJt3chmzSLDWqpq2AEFB3Pweb88411Tvjcx_HABsSvQR2vunfQbEbJ9vJYICWEq3mFLnAEd48fqpDDQDDlctas/s1600/sidbi_logo.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="193" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEin3dTBnKWIBWNgAqizL-sjrXVhjCvqV4wl1ngRaUDb8RImqIg6esshUZJt3chmzSLDWqpq2AEFB3Pweb88411Tvjcx_HABsSvQR2vunfQbEbJ9vJYICWEq3mFLnAEd48fqpDDQDDlctas/s320/sidbi_logo.jpg" width="320" /></a></div><div style="text-align: justify;"><span style="font-size: small;"><span><strong>The Small Industries Development Bank of India (SIDBI) today said that it will extend 100 crore line of credit to the state-run lender Indian Overseas Bank for the MSME sector for 7 years.</strong></span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span><strong> </strong></span></span> </div><div style="text-align: justify;"><span style="font-size: small;"><span><em>What is line of credit? </em>A<strong> line of credit</strong> is any credit source extended to a government, business or individual by a bank or other financial institution. Interest is paid only on money actually withdrawn, although the borrower may be required to pay an unused line fee, often an annualized percentage fee on the money not withdrawn. </span></span></div><div style="text-align: justify;"><br /> </div><div style="text-align: justify;"><span style="font-size: small;"><span><em> What is SIDBI?</em><strong> Small Industries Development Bank of India</strong>  is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India. Set up on April 2, 1990 through an act of Parliament, it was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India. </span></span></div><div style="text-align: justify;"><br /> </div><div style="text-align: justify;"><span style="font-size: small;"><span> <em>What is IOB?</em><strong> Indian Overseas Bank</strong> is a major bank based in Chennai with 2303 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified inhouse Information Technology department. IOB offers internet Banking and is one of the banks that the Govt. of India has approved for online payment of taxes.</span></span></div><div style="text-align: justify;"><br /> </div><div style="text-align: justify;"><span style="font-size: small;"><span><em>Why is the money given? </em>The money will be provided to deserving MSMEs for bridging the gap in project funding, working capital margin and for meeting intangible expenses through an array of instruments like subordinate debt, redeemable preference shares and equity</span></span></div></div>

SIDBI extends Rs 100 crore to IOB for MSME sector

The Small Industries Development Bank of India (SIDBI) today said that it will extend 100 crore line of credit to the state-run lender Ind...

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Indian economy to grow at 9-10% in the medium term

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiACrUPxLQpAIQzblDuGepKfY67wDCD3OW6G6BsWx9UNRZroiBmEdH1s_UUruuAZg4yGS-_rjk0dO9copX8TkbEbYpSDcXbTLPYITdnkqeCZefZrn-2JDNMOtP4nx79toagfAjYi3gQbDs/s1600/th08_gdp_growth_col_746835f.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="161" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiACrUPxLQpAIQzblDuGepKfY67wDCD3OW6G6BsWx9UNRZroiBmEdH1s_UUruuAZg4yGS-_rjk0dO9copX8TkbEbYpSDcXbTLPYITdnkqeCZefZrn-2JDNMOtP4nx79toagfAjYi3gQbDs/s320/th08_gdp_growth_col_746835f.jpg" width="320" /></a></div><span style="font-size: small;"><span><strong>Noting that the country is passing through “difficult times”, Prime Minister Manmohan Singh on Sunday said in the current fiscal the growth rate will be 7% but was optimistic that the economy will return to a higher trajectory of 9%-10% in the medium term backed by strong fundamentals.</strong></span></span><br /> <span style="font-size: small;"><span><strong> </strong></span></span> <br /> <div style="text-align: justify;"><span style="font-size: small;"><span><em>What is the current position of india?</em></span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span>India's GDP growth fell to 7.5 percent in the first half of the year against the budgetary target of around 9 percent growth for the current fiscal. The economic growth declined to 7.7 percent in the first quarter of 2011-12 and it fell further to 6.9 percent in the second quarter.</span></span></div><div style="text-align: justify;"><br /> </div><div style="text-align: justify;"><span style="font-size: small;"><span><em>What is the reason for the positive prediction? </em></span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span><em></em>Manmohan Singh said the main driver of India's economic growth in the medium term would be the high savings rate. "Our domestic savings rate, which currently stands at 33-35 percent of our GDP, will greatly facilitate the realisation of our growth objectives."</span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span>The headline inflation has also come down. It had revealed a record low of 0.42 in the week ending december 17.</span></span></div></div>

Indian economy to grow at 9-10% in the medium term

Noting that the country is passing through “difficult times”, Prime Minister Manmohan Singh on Sunday said in the current fiscal the growt...

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S.M.Krishna to meet Israeli President Shimon Peres today

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_qyhvSicx5jHZZgVRP19lXjEg2cjeT3kEZ6pspyff9FAQJl6CsSfld-d2LKJUS_iv8MxLhv2BLEej4C3ygQLq-6BCkxirL-StmUSSAT33kmkBb1zkhJAPpkHqgKc6J8bviI-8H9HFEy0/s1600/PICNN2581.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_qyhvSicx5jHZZgVRP19lXjEg2cjeT3kEZ6pspyff9FAQJl6CsSfld-d2LKJUS_iv8MxLhv2BLEej4C3ygQLq-6BCkxirL-StmUSSAT33kmkBb1zkhJAPpkHqgKc6J8bviI-8H9HFEy0/s200/PICNN2581.jpg" width="158" /></a></div><span style="font-size: small;"><strong>The External Affairs Minister S.M.Krishna will meet the Israeli President Shimon Peres in Tel Aviv on Monday.</strong></span><br /> <span style="font-size: small;"> <em>Why are they meeting?</em> The two leaders are expected to hold talks on wide ranging issues. Focus will be on increasing co-operation in anti terror measures, trade and commerce.<br /> <br /> <strong>Extradition treaty</strong> and <strong>transfer of sentenced persons</strong> are the two important agreements likely to be signed during the visit.</span></div>

S.M.Krishna to meet Israeli President Shimon Peres today

The External Affairs Minister S.M.Krishna will meet the Israeli President Shimon Peres in Tel Aviv on Monday. Why are they meeting? The t...

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New vaccine for monkeys brings hopes in fight against AIDS

<div dir="ltr" style="text-align: left;" trbidi="on"><div id="5564" style="display: block;"> <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCDhv98yyyL3guWg-HkfWqq_vQzfkYIjqD7gFQ6C9Yox-mocNWzGnYFuoApGAmGO0pW-YWQ6QfVFONcu1Zmwy5O8Z-81yP7BwzUYrujhKFzQV5prcA6ZzQBJPizYSNcXls9acqdQ9ZCOg/s1600/aids_vaccine.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCDhv98yyyL3guWg-HkfWqq_vQzfkYIjqD7gFQ6C9Yox-mocNWzGnYFuoApGAmGO0pW-YWQ6QfVFONcu1Zmwy5O8Z-81yP7BwzUYrujhKFzQV5prcA6ZzQBJPizYSNcXls9acqdQ9ZCOg/s200/aids_vaccine.jpg" width="200" /></a></div><div style="text-align: justify;"><span style="font-size: small;"><span><strong>Scientists have developed a new vaccine that partially protects monkeys from an infection much similar to HIV, a breakthrough which they say could be a new weapon in the battle against AIDS.</strong></span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span><em>Who were the scientists?</em> Researchers at the University of Utah School of Medicine</span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span><em>What did they find out?</em> They found that rhesus monkeys which received the new vaccine were 80 to 83 per cent less likely to get infected with the Simian immunodeficiency virus (SIV), a virus which is closely related to HIV, when exposed to it.</span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span><em>What were the results? </em>The results showed that one vaccine ingredient — a <strong>protein called Env,</strong> which is involved with binding the virus with a cell — was key in helping to block the virus from entering the monkey’s cells. </span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span>This dicovery has brought some hopes for inventing a vaccine against HIV.</span></span></div></div></div>

New vaccine for monkeys brings hopes in fight against AIDS

Scientists have developed a new vaccine that partially protects monkeys from an infection much s...

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US warns Iran against blocking of Strait of Hormuz

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrltpp6bU8-04F_YwhykEEhWakzTKRUYec3nnQd6X1qibY6IuZliDm3MiuOEMmCy9CV2G4zmuygjZ-MSuvsOP35vx5gvz0BE69s3KcihtVPZZtLxDUZxmWUEBiZqhD5KDlzDyGECsRFfc/s1600/es_iran_1229_480x360.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="150" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrltpp6bU8-04F_YwhykEEhWakzTKRUYec3nnQd6X1qibY6IuZliDm3MiuOEMmCy9CV2G4zmuygjZ-MSuvsOP35vx5gvz0BE69s3KcihtVPZZtLxDUZxmWUEBiZqhD5KDlzDyGECsRFfc/s200/es_iran_1229_480x360.jpg" width="200" /></a></div><span style="font-size: small;"><span><strong>The American Defence Secretary, Leon Panetta has again warned Iran against any attempt to block the Strait of Hormuz, the main route for oil exports from the Gulf.</strong></span></span> <br /> <div style="text-align: justify;"><span style="font-size: small;"><span><em>Why is Iran trying to block the Strait of Hormuz?</em> Iran has threatened to cut off the waterway if sanctions are imposed on its oil exports because of its nuclear ambitions.</span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span><em>Why is the Strait of Hormuz important for US? </em>It is the main route for oil exports from the Gulf.</span></span></div><div style="text-align: justify;"><span style="font-size: small;"><span>The top US military officer, the Chairman of the Joint Chiefs of Staff General Martin Dempsey acknowledged that Iran has the ability to close the route for a short time.</span></span></div></div>

US warns Iran against blocking of Strait of Hormuz

The American Defence Secretary, Leon Panetta has again warned Iran against any attempt to block the Strait of Hormuz, the main route for o...

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Former union minister Sukh Ram out on bail till 16th Jan

<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqAXIVoKhBMiz2PUi2eF-EWB9uh_ZkKex2kyurdFNq6aeDkXL9m_hMLYtheY7_7kPevxZ4jRoZdUeXVry23lKXksUNclccENbIS89xKQ2aAHEq9-zovuiohETK5yPMEhVrhcH1iG1Sud4/s1600/2012_1%2524largeimg209_Jan_2012_145651867.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="140" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqAXIVoKhBMiz2PUi2eF-EWB9uh_ZkKex2kyurdFNq6aeDkXL9m_hMLYtheY7_7kPevxZ4jRoZdUeXVry23lKXksUNclccENbIS89xKQ2aAHEq9-zovuiohETK5yPMEhVrhcH1iG1Sud4/s200/2012_1%2524largeimg209_Jan_2012_145651867.jpg" width="200" /></a></div><span style="font-size: small;"><b>The Supreme Court today granted interim bail to former Union Minister Sukh Ram, till January 16th, in the 1993 Telecom Scam case.</b></span></div><span style="font-size: small;"> </span><br /> <div style="text-align: justify;"><span style="font-size: small;"><i>What is the 1993 scam case? </i></span></div><span style="font-size: small;"> </span><br /> <div style="text-align: justify;"><span style="font-size: small;"><i></i>The 1993 telecom scam for which Sukh Ram has been convicted involves award of a contract to a Hyderabad firm for supplying telecom equipment to the government at exorbitant rates.He provided undue favour to a cable supply company and accepted Rs.3 lakh as bribe when he was a minister.</span></div><span style="font-size: small;"> In another case, he was held guilty of possessing disproportionate assets worth Rs.4.25 crore in 2009.</span></div>

Former union minister Sukh Ram out on bail till 16th Jan

The Supreme Court today granted interim bail to former Union Minister Sukh Ram, till January 16th, in the 1993 Telecom Scam case. What i...

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