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Current Affairs-December 2012 Part-2

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131. Which among the following is the first Indian Bank to launch the e-Gift card facility, where a customer can buy and send a card of his choice by either


e-mailing it or sending it via SMS to their loved ones?




Axis Bank
Axis Bank, India’s third largest private sector Bank announced the launch of ‘Axis Bank e- Gift Card’, thereby becoming India’s first bank to


offer to all bank’s domestic customers an option to buy an e- Gift Card. The Axis Bank e- Gift Card offers customers an alternate channel through which they

can buy a gift card for their dear ones. The facility of e- Gift Card can be availed at www.gogiftacard.com where a customer can buy and send a card of his

choice by either e-mailing it or sending it via SMS to their loved ones. Domestic customers can purchase these online e- Gift Cards using their credit /

debit card issued by their respective bank. All purchase transactions shall be limited to sites that support verified by Visa and MasterCard Secure Code for

two factor authentication.



132. Who among the following is set to become the new Prime Minister of Japan?





Shinzo Abe





133. Who among the following has won the wins 2012 BBC Sports Personality of the Year?





Bradley Wiggins
Bradley Wiggins capped his remarkable sporting year by winning the 2012 BBC Sports Personality of the Year award.


134. The India Gate, New Delhi is a memorial for soldiers killed in action during the __________?





Both A and B
The India Gate is inspired by the Arc de Triomphe in Paris, which in turn is inspired by the Roman Arch of Titus. It was built in 1931.


Originally known as the All India War Memorial, it is a prominent landmark in Delhi and commemorates the 90,000 soldiers of the British Indian Army who lost

their lives in World War I and the Third Anglo-Afghan War. It is composed of red and pale sandstone and granite. Following India’s independence, the India

Gate became the site of the Indian Army’s Tomb of the Unknown Soldier, known as Amar Jawan Jyoti (“the flame of the immortal soldier”).



135. Which among the following is not one of the principles of Islamic banking?





It allows earning interest on deposits
Islamic banking has the same purpose as conventional banking: to make money for the banking institute by lending


out capital. But that is not the sole purpose either. Adherence to Islamic law and ensuring fair play is also at the core of Islamic banking. Because Islam

forbids simply lending out money at interest, Islamic rules on transactions have been created to prevent this perceived evil. The basic principle of Islamic

banking is based on risk-sharing which is a component of trade rather than risk-transfer which we see in the conventional banking. Islamic banking introduces

concepts such as profit sharing, safekeeping, joint venture, cost plus, and leasing.



136. If a large amount of money is invested in Gold ETF in place of Gold, then what would be the impact on Balance of Payments of India?





It will bring down the current account deficit





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Current Affairs-December 2012

Very important questions for IAS, RAS, SSC CGL, UPSC, BANK PO, UPSC,RPSC, Bank exams and all other exams.If you like the post kindly give rating.
[important]This questions are useful for any competitive exam like IAS, bank PO, SSC CGL, RAS, CDS, UPSC exams and all state related exams. You can attempt

them for fun too.[/important]

137. Which among the following is a “Transfer Payment” by Government of India?




Payment of Subsidy





138. Where is located India’s National Institute of Design?





Ahmedabad
The government will set up four new National Institutes of Design (NID) across the country in the coming four years. The new institutes will


come up in Hyderabad, Kanpur, Bhopal and Jorhat during the 12 Plan. The National Institute of Design functions as an autonomous body under the Department of

Industrial Policy and Promotion (Ministry of Commerce and Industry). At present, the main NID campus is at Ahmedabad with two more campuses, one at

Gandhinagar and another at Bangalore. The aim is to expand design education to other countries having similar socio-economic life styles as India. There is

also a proposal to convert NID into a Centre of Excellence. The NID at Ahmedabad was started in 1961. It was in 1955 that Pupul Jayakar, the noted writer on

Indian craft traditions and the founder of the Handicrafts and Handlooms Export Corporation of India (HHEC) met the renowned American designer Charles Eames

at the Museum of Modern Art, New York. The Museum had organised a unique exhibition titled ‘The Textiles and Ornamental Arts of India’ where the concept of

establishing such an institute in India originated.



139. Carrefour is a multinational retailer headquartered in ___________?





France





140. . “Finacle Core Banking” and “McCamish Insurance” products are to be launched by ____?





Infosys
Infosys plans to roll out in about two years, its Rs 700-crore project that would help India Post transform its banking and insurance


operations cross 1,50,000 post offices in the country.



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