Standard and Poor (S&P) downgraded American Credit rating from AAA to AA+ with nagative outlook (first time in history). 6 Euro nations (Italy, Spain, Portugal, Greece, Ireland and Cyprus) are suffering from debt problems. 12 GK questions & Current affairs: 1. What is the full form of XBRL? 2. What is the full form of WADA? 3. Best bowling performance in international T20 cricket?  4. First Indian economist to publish an article in an academic economics journal?  5. Which European countries banned people from wearing a full face veil in public?  6. What is the full form of USOF?  7. Who is the new Solicitor General of India?  8. Country with highest number of diabetic people?  9. Country with highest percentage of diabetic population?  10. What is the full form of CERC?  11. Which Indian company is the second largest soda ash producer in the world?  12. World's longest sea bridge? Quiz answers: 1. XBRL: eXtensible Business Reporting Language – standard for exchanging financial and business information.  2. WADA: World Anti Doping Agency  3. Sri Lankan bowler Ajantha Mendis took 6 wickets for 16 runs. He achieved this against Australia at Pallekelle stadium.  4. B.R. Shenoy  5. France & Belgium  6. USOF: Universal Service Obligation Fund.  7. Rohinton Nariman  8. India – 5 crore Indians are diabetic. India is the diabetic capital of the world.  9. Marshall Islands – 33% of women and 25% of women are diabetic in this tiny Pacific ocean island.  10. CERC: Central Electricity Regulatory Commission.  11. Tata Chemicals Limited (TCL)  12. The Jiaozhou … [Read more...]