1) India’s market capitalization recently crossed which major milestone after around 4 years, mainly on the back of a strong government at the Centre? – 1.5 trillion dollar (The recent spurt in the market has also propelled India to be the 10th biggest in terms of market cap, and the second biggest in the BRIC group of countries, behind China which is at $3.23 trillion. In rupee terms, India’s market cap is at an all-time high of Rs 89.8 lakh crore. At the current level, India’s market cap-to-GDP ratio is about 0.79. However, this is much lower than the levels seen during the last bull market of 2007-08, when the ratio was nearly 2)
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2) Who took charge as the first Speaker of the Telangana Assembly on 10 June 2014? – S. Madhusudanachari (He was elected to the Assembly from Bhupalpalli in Warangal district. He had been a member of the Telangana Rashtra Samithi (TRS) since its foundation in 2001 and is a trusted lieutenant of TRS chief and Chief Minister K. Chandrasekhar Rao)
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3) Prime Minister Narendra Modi on 8 June 2014 unveiled a new book titled“Getting India Back on Track: An Action Agenda For Reform”. The book basically carries a series of papers on different areas for presentation to the new government arguing out the case for the reforms that would be necessary to get India back on track. Who are the authors of this book? – Bibek Debroy, Ashley J. Tellis and Reece Trevor (The book has been published by Carnegie Endowment for International Peace. The foreword of the book has been written by Ratan N Tata and it contains insightful essays by eminent academicians and public policy experts)
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4) Who was named as the Leader of the House in the Rajya Sabha on 9 June 2014? – Arun Jaitley (Rajya Sabha Chairman Hamid Ansari made the announcement on the first day’s sitting of the Upper House after the Lok Sabha elections. Jaitley, a senior BJP Rajya Sabha member from Gujarat and Union Finance Minister was earlier the Leader of Opposition in the Rajya Sabha during UPA Government)
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5) Who was named the Leader of the Opposition in the Rajya Sabha on 9 June 2014? – Ghulam Nabi Azad (Ghulam Nabi Azad is a veteran Congress leader and was Union Health Minister during the UPA govt. He lost the Lok Sabha election from Udhampur constituency in Jammu and Kashmir)
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6) At least 24 engineering students from the Hyderabad-based engineering college VNR Vignana Jyothi Institute of Engineering & Technology were washed away on 8 June 2014 in River Beas near Thalot (Himachal Pradesh) on Manali-Kiratpur Highway after water from the reservoir of a dam was released suddenly. Which dam is this which is part of a hydropower project? – Larji Dam, which has a reservoir under the 126 MW Larji Hydropower Project (The incident took place when the students from the Hyderabad-based college were trying to click photos on the bank of the river. The students drowned when water from Larji dam was suddenly released without any warning)
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7) Armed militants made yet another attack near Karachi’s Jinnah International Airport on 10 June 2014 just two days after a huge attack on 8 June. The militants attacked a training camp of the Airport Security Force (ASF) but failed to penetrate the security cordon and managed to flee into nearby residential areas. Which militant group had claimed the responsibility for the first attack and is believed to be involved in this attack too? – Tehreek-i-Taliban Pakistan – TTP (Eleven airport security guards, along with a paramilitary ranger and a policeman, 14 civilian workers and 10 militants were killed in the previous attack. TTP took the responsibility for second attack too later in the day on 10 June)
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8) Which mobile phone operator signed a two-year agreement with Indian Oil Corporation Ltd (IOC) to deploy its enterprise mobility platform to company’s LPG customers? – Idea Cellular (Under this agreement Idea’s platform would be used to service IOC’s more than 82 million LPG consumers. The service allows consumers to book LPG over phone or text messages, much in contrast with the traditionally mode of bookings done through distributors. IOC, which provides LPG under the ‘Indane’ brand, will extend its ‘Smart Gas Solution’ service to provide end-to-end automation on refill delivery process of IOC)
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9) According to a latest report by The Boston Consulting Group (BCG) how many millionaire households were there in India during 2013? – Around 1.75 lakh (The BCG report titled ‘14th Annual Study of the Global Wealth-Management Industry’ was released on 10 June 2014, according to which India’s wealth in 2013 grew 24.6% to $2.2 trillion)
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10) Defence Minister Arun Jaitley during June 2014 commissioned two coastguard ships ICGS Achook and ICGS Agrim into the service of Indian Coastguard. These two are the fifth and sixth ships in a series of twenty fast patrol vessels and are new generation fast patrol vessels equipped with sophisticated communication equipment to be based in Mumbai. The other commissioned ships in these series are in Tuticorin, Porbandar, Cochin and Mangalore. They have been built at – Cochin shipyard (Cochin shipyard is also building India’s first indigenous aircraft carrier)
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