Q1. Consider the following statements regarding the Asian Development Bank:

  1. It was established in 1945, as a specialized agency of United Nations.
  2. Almost all the members of United Nations, are its members at present.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

 

Q2. With reference to the Shanghai Cooperation Organisation (SCO), consider the following statements:

  1. SCO is a non-governmental international organization, for strengthening mutual trust and neighbourliness among the member states.
  2. The Heads of State Council (HSC) is the supreme decision-making body in the SCO. 

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

 

Q3. With reference to the Financial Action Task Force, consider the following statements:

  1. FATF is a Paris-based global money laundering and terrorist financing watchdog.
  2. It has retained India on its ''Enhanced Follow-up'' list, by considering measures against money laundering and terror financing as “not yet sufficient to justify a re-rating".

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q4. The Joint Comprehensive Plan of Action (JCPOA) signed in 2015, often seen in the news, is associated with which one of the following countries?

(a) Afghanistan          

(b) Pakistan

(c) China

(d) Iran

 

Q5. Consider the following statements:

  1. Uranium enrichment is a process that is necessary to create an effective nuclear fuelout of mined uranium, by increasing the percentage of uranium-235 which undergoes fissionwith thermal neutrons.        
  2.  In its isolated form, the uranium is known as yellow cakeand has the chemical formula U3O8.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

 

 

 

Q6. Consider the following statements regarding the GST Compensation Act, 2017:

  1.  The Act guarantees all states an annual growth rate of 14 percent in their GST revenue, for the next five years.
  2. To provide the grants to the states under the act, the Centre levies a GST compensation cess on certain luxury and sin goods and certain passenger vehicles. 

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q7. Recently, The Economics Prize in Memory of Nobel has gone to Paul Milgrom and Robert Wilson for their work on auction theory and new auction formats. Consider the following statements:

  1. The Auction theory studies how auctions are designed, what rules govern them, how bidders behave and what outcomes are achieved.
  2. The focus of the theory is to find one auction design that fits all types of commodities or seller.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q8.  Consider the following statements:

  1. In the joint working group meeting of the Sustainable Growth Pillarrecently, an ‘India Energy Modelling Forum’ was launched.
  2. The Sustainable Growth Pillar entails energy data management, energy modelling and collaboration on low carbon technologies as three key activities. 

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

 

Q9. Recently, astronomers have outlined a cosmic phenomenon where Mars will appear as a bright star to the unaided eye and when viewed from a telescope. Consider the following statements.

  1. During this time Mars will outshine Venus, becoming the second brightest object after moon.
  2. This cosmic phenomenon is due to Opposition which is the event when the sun, Earth and an outer planet (Mars in this case) are lined up, with the Earth in the middle.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

           

Q10. Recently, The 2020 Nobel Peace Prize was announced for the World Food Programme (WFP), one of the largest humanitarian organisations addressing hunger and promoting food security. Consider the following statements with respect to the World Food Programme.

  1. The World Food Programme[a] (WFP) is the food-assistance branch of the World Bank and the world's largest humanitarian organization focused on hunger and food security.
  2. It is also a specialised organisation of the United Nations which collectively aims to fulfil the 17 Sustainable Development Goals (SDG), with a priority on achieving SDG 2 for "zero hunger" by 2030.

Which of the Statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Ans:

1-(d)

2-(b)

3-(a)

4-(d)

5-(c)

6-(c)

7-(a)

8-(c)

9-(b)

10-(d)