Banking and Current Affairs GK Test 15

Kuwait, Saudi Arabia. Qatar and Bahrain signed an accord in June 2009 to create a joint monetary union council as a prelude to a Gulf central bank. The six-member Gulf Cooperation Council (GCC) agreed in 2001 to create a European Union-style shared currency which would help them integrate their economies and pursue a monetary policy independent of the US. Oman pulled out of the project in 2007 and the UAE withdrew earlier this year after the Saudi capital Riyadh was selected as the location for the future central bank.

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Correct Answer: II only

The 'Rajiv Gandhi Gramin LPG Vitrak' (RGGLV) Yojana seeks to increase domestic cooking gas coverage to 75 per cent of the population by 2015. At present, 10.57 crore connections cover about 50 percent of the population. It is proposed to increase the number of connections to 16 crore by 2015.

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This year's theme was - �Tackling Climate Change Through Standards�

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Delhi was the first city where BRTS was launched. The selection of cities for BRTS is done by Union Urban Development Ministry. The cities selected for the BRTS receive grants under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme of the Union government

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As per the modernisation contract, Accenture would design an enterprise IT architecture and migrate the Department of Post (DoP) to a more efficient IT system.

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The Reliance Infrastructure owned Dahanu Thermal Power Station also got the 'Safety Innovation Award 2009' for the third consecutive year from the Institution of Engineers India.

Noted Chartered Accountant Y. H. Malegam was Chairman of SEBI Committee on Disclosures and Accounting Standard. SCODA has recommended mandatory rotation � every five years � of the partners of the audit firms signing the accounts of a listed company.

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�MJ Composite� will offer a value weighted spot price index for 60 different varieties of coal from various coal producing companies in India.

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The African Nuclear-Weapons-Free Zone Treaty � also known as the Treaty of Pelindaba after a nuclear research facility in South Africa � requires that African countries do nuclear trade only with countries that agree on the full scope of nuclear safeguards for all their nuclear sources and associated facilities. The treaty stands in the way of India sourcing uranium from several African countries, including Namibia, Gabon, Niger, Uganda and Angola and clinching a nuclear research arrangement with South Africa.

The Clouded Leopard is classified as vulnerable by the International Union for Conservation of Nature and Natural Resources (IUCN) and is listed in Schedule I of the Indian Wildlife (Protection) Act, 1972.

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Union government announced the setting up of National Investment Fund (NIF) in 2005.� The NIF is to be funded from the disinvestment of government stake in public sector units. 75 per cent of NIF's annual income is earmarked to finance selected social sector schemes and the remaining 25 per cent for capital investment in profitable and revivable central public sector undertakings (CPSUs). Under the existing guidelines, the disinvestment proceeds are deposited in the NIF. Which is managed by three public sector mutual funds � UTI Asset Management Company, SB I Funds Management and LIC Mutual Fund Asset Management Company.

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Yemen, one of the world's poorest countries and a crucial US ally in Washington's fight against al-Qaeda, is in the midst of a series of conflicts that threaten its stability. The government has for five-years waged a campaign against a group of Shia Muslim fighters in the country's north. The conflict with the Houthi fighters, which has cost the lives of thousands of people, is a mix of local and tribal concerns stemming from historical roots. Saudi Arabia, for its part, worries that strife instigated by the Shia sect so close to Yemen's border with Saudi Arabia could stir up groups in Saudi itself.

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The coaches used have been specially fabricated for the department of Science & Technology (DST), Government of India by the Rail Coach Factory, Kapurthala. The exhibits have been designed and developed by Max Planck Society for Advancement of Science in Germany. The Science Express has coaches dedicated to major scientific achievements in the areas of natural and life sciences, more than 300 large-format images and over 150 video clips from current research projects. It also has a chemistry lab developed by the BASF chemical company for students.

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The STARS Foundation improves the well-being of disadvantaged children around the world by supporting organisations which meet their health, education and protection needs. The awards are given in the following categories: Education Africa 2009, Protection Africa 2009, Rising STAR Africa 2009, Health Asia 2009, Education Asia 2009 and Protection Asia 2009. Since 1986, Prerana has worked in the red-light districts of Mumbai, protecting children vulnerable to commercial sexual exploitation and trafficking. Sense International (India) focuses on developing comprehensive services for deaf, blind children, youth and adults.