Current Affairs Quiz , 07 Nov 2019

1) South Asia Co-operative Environment Programme (SACEP) was established in the year of

a) 1982
b) 1999
c) 2005
d) 2000

Answer: a
• The South Asia Co-operative Environment Programme (SACEP) was established in 1982 by the South Asian governments. The member nations of SACEP are Afghanistan, Bangladesh, India, Sri Lanka, Maldives, Bhutan, Pakistan & Nepal.

2) First ever ‘BIMSTEC Ports’ Conclave will be held at

a) Chittagong
b) Sittve
c) Kathmandu
d) Visakhapatnam

Answer: d
• The first ever BIMSTEC Conclave of Ports, being held at Vishakhapatnam on 7-8 November, 2019.

3) Review Regulatory and Supervisory Framework for Core Investment Companies set up by RBI was headed by

a) Tapan Ray
b) BP Kanungo
c) Lily Vadera
d) None of the above

Answer: a
• Review Regulatory and Supervisory Framework for Core Investment Companies headed by Tapan Ray was set up by RBI.

4) Thirukkural, a work on ethics, was written by

a) Mamulanar
b) Thiruvalluvar
c) Chithalai Chathanar
d) None of the above

Answer: b
• Thiruvalluvar is fondly referred to as Valluvar by Tamils. His ‘Tirukkural’, a collection of 1,330 couplets (‘kurals’ in Tamil), are an essential part of every Tamil household — in the same way as, say, the Bhagavad Gita or the Ramayana are in traditional North Indian Hindu households.

5) Alternative Investment Fund (AIF) in India is regulated by

a) RBI
b) SEBI
c) Both (a) and (b)
d) Neither (a) nor (b)

Answer: d
• While AIFs are currently not covered by the current jurisdiction of any regulatory body in India, they have been described and classified in detail in Regulation 2 (1) (b) SEBI (Alternative Investment Funds) Regulation, 2012.