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Thursday, May 15, 2014

14 may current affair

1)Shares of state-run banks rose as much as 5% after an RBI panel report said that the Government should reduce the holdings in PSU lenders to below 50%. Who headed this panel? –PJ Nayak, ex-Chairman of Axis Bank (The report was released on 13 May 2014 and had mainly stated that Government should cut its holding inpublic sector banks to below 50%, criticising the way in which the lenders are being governed)………………………………………2)What is the name of World’s first ever electric aircraft that has successfully taken its maiden voyage recently? –E-Fan(This electric aircraft is the latest creation of Toulouse (France) basedAirbus. The fact that its engines are powered byelectricity provides it a low-noise, eco-friendly profile. This successful voyage carves a new path for the technology’s potential inaircrafts. The cost amounts to 16 dollars per hour to power providing decent height of 220km/h with a cruising speed of 160km/h on its 30kW engines)………………………………………3)Which car belonging to Maruti Suzuki India (MSI) became the second to reach the milestone of 2.5 million units sale recently? –Alto(MSI announced on 13 May 2014 that sale of Alto has crossed 25 lakh units and it became the second car after Maruti 800 to achieve this mark)………………………………………4)Mukul Sinha, a Gujarat High Court lawyer who had made aname for himself fighting cases on behalf of the victims of riots that tore through the state in 2002, passed away in Ahmedabad on 12 May 2014. What is the name of the NGO founded by him which championed the cause of riot victims and otherharassed people of the society? –Jan SangharshManch(Sinha was a very fierce critic of Gujarat Chief Minister and BJP Prime Minister candidate Narendra Modi and his governance model)………………………………………5)Only two institutes from India made it to the prestigious Top 50 in the QS Asian University rankings that were released during May 2014. Which institutes are these? –IIT Delhi and IIT Bombay(These rankingsare based on criteria such as academic reputation (30%); reputation of university among employers (10%), student/ faculty ratio (20%); research by faculty (15%), citations per paper (15%) and proportion of international faculty and students (5%) and exchange programme students (5%))………………………………………6)Which residence was ranked as the most expensive billionaire home in the world in Forbes list of the most expensive homes in the world? –‘Antilia’, Mukesh Ambani’s 27-story, 400,000-square-foot skyscraper home in Mumbai (Antilia named after a mythical island in the Atlantic, tops the Forbeslist of the most expensive homes in the world for 2014. The house has six stories of underground parking, three helicopter pads, and reportedly requiresa staff of 600 to keep it running. In second place on the list is ‘Villa Leopolda’, the home of Brazilian philanthropist and social figure Lily Safra in France. The third-most expensive billionaire home-and the most expensive in the United States, is thehome of American investor and businessman Ira Rennert in Sagaponack, New York)

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