Current Affairs-February 2013 Part-1

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Current Affairs-Februrary 2013

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]

33. Which among the following committee has looked into the maladies affecting the proper functioning of the public distribution system (PDS) in India?





Wadhwa Committee
The Supreme Court of India has appointed the Wadhwa Committee to look into the maladies affecting the proper functioning of the public distribution system (PDS) in India. The committee has ruled that the whole system of procurement and distribution of food grains is built on corruption and its benefits to the poor are low. The Committee has recommended least human intervention and end-to-end automation and computerization of the complete PDS chain.



34. What is the name of the India’s fastest supercomputer that is recently developed by the Centre for Development of Advanced Computing (C-DAC)?






Param Yuva II
Recently, India’s fastest supercomputer, the second generation Param Yuva II was inaugurated at the Centre for Development of Advanced Computing (C-DAC) facility in Pune. The supercomputer is capable of crunching data up to 524 teraflops, about 10 times faster than the Param Yuva-I. Today it takes 18 to 20 years, from testing to designing, for researchers to discover a new drug. Param Yuva II will help reduce this time frame by 2-3years. The supercomputer will make weather predictions quicker and if researchers can predict weather condition of a 6 Km radius from the satellite data that they receive then with this new supercomputer at their disposal, they can cover a 10 Km radius and that’s not all. The versatile number crunching super machine will also reduce the power consumption by 35%.


35. Which among the following is the largest known prime number that is recently found?






M57885161
A number, N, that can be represented as 2(n) – 1 is called a Mersenne number after Marin Mersenne, a French philosopher who first studied such numbers over three centuries ago. When both N and n are prime numbers, however, N is called a Mersenne prime, a number very rare and difficult to find on the number line – even by supercomputers clocking hundreds of trillions of calculations per second. Mersenne primes have limited practical applications, but the few themselves are very interesting. For instance, if you’ve played the game Tower of Hanoi, you’ll know that solving an x-disc tower requires as many moves as the closest Mersenne prime to the xth power of 2. On January 25, 2013, the largest prime number yet – the 48th Mersenne prime – was discovered: It’s value is 2 power of (57,885,161) – 1 = 581,887,266…724,285,951. The number contains 17,425,170 digits and is stored as a 22 MB text-file.


36. ..724,285,951. The number contains 17,425,170 digits and is stored as a 22 MB text-file.






Bhutan
Recently, Jigmi Y. Thinley, Prime Minister of Bhutan met the President of India. Mr. Thinley described India as its most important partner. Bhutan’s peace, stability, prosperity and happiness all depended on how it maintained its special relationship with India, he said, adding Bhutan’s future was intertwined with that of India.


37. Recently, India’s newest stock exchange MCX-SX began trading in equities. Which among the following is the name of Flagship index of MCX-SX?






SX-40
MCX-SX’s flagship index, the SX40, comprises 40 diversified stocks.


38. As per the current norms, compliance with KYC norms is mandatory if a person wants to__:
1. Invest in Mutual Funds
2. Invest in Share Market
3. Open a Bank Account
4. Get a Gas Connection
Choose the correct option from the codes given below:






1, 2, 3 & 4
KYC stands for know your client. Compliance with KYC norms is mandatory if you want to invest in mutual funds or direct equities, open a bank account, want a gas connection, phone connection and so on. A KYC registration agency (KRA) is a centralised KYC agency allowed to be set up under Sebi guidelines. This agency will store KYC records of multiple investors and stock market intermediaries. Multiple KRAs are allowed to be set up and they will be able to access each other’s investor KYC records.


39. At present, which among the following is India’s largest software exporter ?






Tata Consultancy Services Ltd (TCS)



40. . At present, which among the following is world’s biggest trading nation?






China
China surpassed the US to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods. US exports and imports of goods last year totalled $3.82 trillion. China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion


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