Smart Practice Current Affairs September 2015 [Part 5]

Indian Economy Current Affairs

• The substitution of steel for wooden ploughs in agricultural production is an example of      [UPSC (Pre) 2015] Capital-augmenting Technological Progress
• ‘Pradhan Mantri Jan-Dhan Yojana’ has been launched for promoting in the country.             [UPSC (Pre) 2015]  Financial Inclusion
• ‘Open Market Operation’ is a part of Credit Policy
• Which is the largest mutual fund organisation in India? Unit Trust of India
• A ‘closed economy’ is an economy in which Neither Exports nor Imports take place
• The exchange of commodities between two countries is referred as Bilateral Trade
• The process of curing inflation by reducing money supply is called Disinflation
• The regional project by name ‘CASA-1000’ (Central Asia-South Asia-1000), funded by World Bank, pertains to the field of Electricity
• The holidays for the banks are declared as per Negotiable Instruments Act
• Rourkela Steel Plant was set-up with the assistance from West Germany

• Bad loans in banking terminology are generally known as Non-Performing Assets (NPA)
• A proportion of the total deposits and reserves of the commercial banks with the Reserve Bank of India (RBI), is called Cash Reserve Ratio (CRR)
• The rate of interest at which Reserve Bank of India lends short term funds to the Commercial Banks, is known as Repo Rate       [UP PSC Lower Sub 2014]

• The Board of Industrial and Financial Reconstruction (BIFR) came into- existence in which year?  1987

• Foreign Direct Investment (FDI) ceilings in the telecom sector have been raised from 74% to 100%

• Price and output are determinates in Market Structure other than Monopoly
• VM Dandekar and Neel Kanth Rath were well-known for their [CDS-II2014] Study on Poverty in India

Read Also – National Current Affairs September 2015 (Part 5).

General Science Current Affairs

• Which gas was used as a chemical weapon in the First World War? Mustard Gas
• PARAM is an example of Super Computer
• Energy stored in a choke is in the form of Magnetic Energy

• Study of pollen grains is called Palynology

• Which device convert AC voltage into DC voltage? Rectifier

• Which allotrope of carbon is in rigid three-dimensional structure? Diamond

• Sickle-cell anaemia is a disease caused due to the abnormality in Red Blood Cells (RBCs)

• The radioisotope used in the detection of tumour, is [UP PSC Lower Sub 2014] Cobalt-60
• In optical instruments, the lenses are used to form image by the phenomenon of [NDA/NA 2014]  Refraction
• Higher concentration of nitrogen dioxide in atmosphere air causes Bronchitis

• Light waves are [NDA/NA-II2014] Electro-magnetic Waves

• The concept of tissue culture was introduced by Gottlieb Haberlandt Germany
• The hormone that is secreted in times of stress in human body Adrenaline  [Ib Sec. Asst. 2013]

Miscellaneous Current Affairs

• ‘National Consumer Rights Day’ is observed in India on December 24
• The North Atlantic Treaty Organisation is headquartered at Brussels
• Non Resident Indians (NRI) Day is marked on January 9

• The first summit of SAARC was held at Dhaka
• When did the first Commonwealth Games take place?  1930

• Who has written the book ‘Warrior State : Pakistan in the Contemporary World’?  TV Paul

• The National Centre for Agricultural Economics and Policy Research is located at [UP PSC Lower Sub 2014] New Delhi

• Name the body, which has replaced the UN Commission on Human Rights. Human Rights Council  [SSC Multitasking 2014]

• In which year, the Forest Conservation Act was passed in India? 1980   [UP PSC Lower Sub 2014]

• When was the South Asian Association for Regional Cooperation (SAARC) formed? 1985

• When was the Geological Survey of India established?   1851

• The Bolshevik Revolution started in Russia during the reign of Czar Nicholas II      [NDA/NA-II 2014]

• Kadambari, the famous Sanskrit epic, was written by   [IB Sec. Asst 2013] Baan Bhatta

• ‘Pulitzer Prize’ is given for the achievements in the field of [BPSC 2008] Journalism

Visit Current-Affairs.org for latest current affairs, previous year question papers, free online quiz for SSC and others, Study material and lot more.

We hope you like Smart Practice Current Affairs September 2015 [Part 5], give your feedback in comments.

Click Here to Register For Latest Current Affairs, Question Paper, Free online test Alert directly in Your Inbox.