CURRENT AFFAIRS WRITTEN TEST QUESTIONS MARCH 2015

1. In which country, Indian Prime Minister has inaugurated the first of the eight Coastal Surveillance Radar Systems (CSRS) being set up by India? 

a) Sri Lanka 
b) Mauritius
c) Seychelles
c) Maldives

Answer: 
2. Which Asian country successfully launched the first indigenous armed drone called Burraq on March, 2015? 
a) Afghanistan
b)  South Africa
c) Sri Lanka
d) Pakistan

Answer: d) Pakistan

3. The Finance Bill 2015-16 envisages merging the Forward Market Commission with ___? 

a) Securities and Exchange Bureau of India 
b) State Bank of India
c) Finance Commission
d) Reserve Bank of India

Answer: a) Securities and Exchange Bureau of India 

4. Which of the following measures the value of a currency against a basket of other currencies? 

a) Real Exchange Rate
b) Effective Exchange Rate
c) Nominal Exchange Rate 
d) Real Effect Exchange Rate 

Answer: d) Real Effect Exchange Rate