QUES: As of 18 June 2012, the ECB in total had spent 212.1bn (equal to 2.2% of the Eurozone GDP) for bond purchases covering outright debt, as part of its Securities Markets Programme (SMP) running since May 2010. On 6 September 2012, the ECB announced a new plan for buying bonds from eurozone countries. The duration of the previous SMP was temporary, while the Outright Monetary Transactions (OMT) programme has no ex-ante time or size limit. On 4 September 2014, the bank went further by announcing it would buy bonds and other debt instruments primarily from banks in a bid to boost the availability of credit for businesses.

What is the duration of the Outright Monetary Transactions program?
What is the answer?
ANS: no ex-ante time or size limit
QUES: The government of India is based on a tiered system, in which the Constitution of India delineates the subjects on which each tier of government has executive powers. The Constitution originally provided for a two-tier system of government, the Union Government (also known as the Central Government), representing the Union of India, and the State governments. Later, a third tier was added in the form of Panchayats and Municipalities. In the current arrangement, The Seventh Schedule of the Indian Constitution delimits the subjects of each level of governmental jurisdiction, dividing them into three lists:

What was the constitution originally provided for?
What is the answer?
ANS: two-tier system of government
QUES: During the Hungnam evacuation, about 193 shiploads of UN Command forces and materiel (approximately 105,000 soldiers, 98,000 civilians, 17,500 vehicles, and 350,000 tons of supplies) were evacuated to Pusan. The SS Meredith Victory was noted for evacuating 14,000 refugees, the largest rescue operation by a single ship, even though it was designed to hold 12 passengers. Before escaping, the UN Command forces razed most of Hungnam city, especially the port facilities; and on 16 December 1950, President Truman declared a national emergency with Presidential Proclamation No. 2914, 3 C.F.R. 99 (1953), which remained in force until 14 September 1978.[b] The next day (17 December 1950) Kim Il-sung was deprived of the right of command of KPA by China. After that, the leading part of the war became the Chinese army. Following that, on 1 February 1951, United Nations General Assembly adopted a draft resolution condemning China as an aggressor in the Korean War.

What was the name of the ship responsible for undertaking the largest rescue operation by a single ship?
What is the answer?
ANS:
SS Meredith Victory