Q. Which among the following statements is/are true with regard to WTO membership?
1. All WTO members automatically receive the 'most favoured nation' status.
2. Over 75% of WTO members are from developing countries. WTO membership allows them access to developed markets at the lower tariff.
Select the correct answer using the code given below:
1 1 only
2 2 only
3 Both 1 and 2
4 neither 1 nor 2
Ans: 3
Q. TRIPS (Trade Related aspects of Intellectual Property Rights) agreement is administered by:
1 United Nations Conference on Trade and Development (UNCTAD).
2 United nations Organisation (UNO)
3 World Trade Organisation (WTO)
4 World Bank (WB).
Ans: 3
Q. Consider the following statements:
1. The G20 was established in 2008 in the wake of global financial crisis led by the USA.
2. It brings together the major advanced and emerging economies to stabilise the global financial market.
3. India's stand on Mutual Assessment Process (MAP) for measuring imbalances between surplus and deficit economies in the Seoul Conference of G20 in the year 2010 was firmly endorsed by all the nations.
Which of the statements given above is/are cor
1 1, 2 and 3
2 1 and 2 only
3 2 and 3 only
4 3 only
Ans: 3
Q. India by becoming a full-fledged member of the Financial Action Task Force:
1 will be able to access information on suspect accounts in nations such as Switzerland and UK.
2 will play an important role in law enforcement matters, investigations or prosecutions of terrorist activities at an international level.
3 has become a member of Organisation for Economic Cooperation and Development.
4 All of the above
Ans: 4
Q. Which one among the following led to the Greece economic crisis 2010?
1 Excessive borrowing from IMF
2 Sudden depreciation of Euro
3 Unrestricted spending and cheap
4 Outflow of foreign capital due to political unrest
Ans: 3
Q. The Clean Development Mechanism (CDM), a mechanism to reduce greenhouse gas emission as per Kyoto Protocol implies that:
1 industrial countries receive carbon credits by funding carbon saving projects in another relatively affluent nation
2 industrial countries reduce their carbon emission by using environment friendly technology in production
3 developed countries invest in carbon reduction in developing countries and receive carbon credit in return.
4 developed nations purchase carbon credit from other nations
Ans: 3
Q. Which one among the following is the unit raised to protect the naval assets?
1 Sagar Rakshak Bal
2 Sagar Suraksha Bal
3 Sagar Prahari Bal
4 Sagar Nigrani Bal
Ans: 3
Q. India recently has held 6th round of talks on commercial and economic cooperation with -
1 Pakistan
2 Sri Lanka
3 Bangladesh
4 Maldives
Ans: 1
Q. The first Indian state to pass the Lokayukta Bill-2011 is -
1 Uttarakhand
2 Bihar
3 Uttar Pradesh
4 Jharkhand
Ans: 1
Q. In order to ensure greater people to people exchanges, India-Russia Visa Pact came into force on -
1 December 1,2011
2 December 15,2011
3 December 20,2011
4 December 13,2011
Ans: 1
1. All WTO members automatically receive the 'most favoured nation' status.
2. Over 75% of WTO members are from developing countries. WTO membership allows them access to developed markets at the lower tariff.
Select the correct answer using the code given below:
1 1 only
2 2 only
3 Both 1 and 2
4 neither 1 nor 2
Ans: 3
Q. TRIPS (Trade Related aspects of Intellectual Property Rights) agreement is administered by:
1 United Nations Conference on Trade and Development (UNCTAD).
2 United nations Organisation (UNO)
3 World Trade Organisation (WTO)
4 World Bank (WB).
Ans: 3
Q. Consider the following statements:
1. The G20 was established in 2008 in the wake of global financial crisis led by the USA.
2. It brings together the major advanced and emerging economies to stabilise the global financial market.
3. India's stand on Mutual Assessment Process (MAP) for measuring imbalances between surplus and deficit economies in the Seoul Conference of G20 in the year 2010 was firmly endorsed by all the nations.
Which of the statements given above is/are cor
1 1, 2 and 3
2 1 and 2 only
3 2 and 3 only
4 3 only
Ans: 3
Q. India by becoming a full-fledged member of the Financial Action Task Force:
1 will be able to access information on suspect accounts in nations such as Switzerland and UK.
2 will play an important role in law enforcement matters, investigations or prosecutions of terrorist activities at an international level.
3 has become a member of Organisation for Economic Cooperation and Development.
4 All of the above
Ans: 4
Q. Which one among the following led to the Greece economic crisis 2010?
1 Excessive borrowing from IMF
2 Sudden depreciation of Euro
3 Unrestricted spending and cheap
4 Outflow of foreign capital due to political unrest
Ans: 3
Q. The Clean Development Mechanism (CDM), a mechanism to reduce greenhouse gas emission as per Kyoto Protocol implies that:
1 industrial countries receive carbon credits by funding carbon saving projects in another relatively affluent nation
2 industrial countries reduce their carbon emission by using environment friendly technology in production
3 developed countries invest in carbon reduction in developing countries and receive carbon credit in return.
4 developed nations purchase carbon credit from other nations
Ans: 3
Q. Which one among the following is the unit raised to protect the naval assets?
1 Sagar Rakshak Bal
2 Sagar Suraksha Bal
3 Sagar Prahari Bal
4 Sagar Nigrani Bal
Ans: 3
Q. India recently has held 6th round of talks on commercial and economic cooperation with -
1 Pakistan
2 Sri Lanka
3 Bangladesh
4 Maldives
Ans: 1
Q. The first Indian state to pass the Lokayukta Bill-2011 is -
1 Uttarakhand
2 Bihar
3 Uttar Pradesh
4 Jharkhand
Ans: 1
Q. In order to ensure greater people to people exchanges, India-Russia Visa Pact came into force on -
1 December 1,2011
2 December 15,2011
3 December 20,2011
4 December 13,2011
Ans: 1
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