Current Affairs MCQs Quiz for UPSC, IAS, UPPSC/UPPCS, MPPSC. BPSC, RPSC & All State PSC Exams
Date: 17 June 2022
Q1. Consider the following statements:
1. The World Trade Organisation (WTO) is the sole
international organisation that deals with international trade rules.
2. Since 1998 World Trade Organization (WTO) members have agreed not to impose
customs duties on electronic transmissions.
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
Answer: (C)
Explanation:
- The World Trade Organisation (WTO) is the sole international organisation that deals with international trade rules.
- The WTO agreements, negotiated and signed by the majority of the world's trading nations.
- It officially commenced operations on 1 January 1995, under the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948.
- The WTO e-commerce moratorium, which bans countries from imposing customs duties on electronic transmissions, dates back to 1998 when ministers at the Second Ministerial Conference adopted the Declaration on Global Electronic Commerce, calling for the establishment of a work program on e-commerce, which was adopted later that year.
Q2. Wetlands change atlas is published by:
a) The Nature Conservancy
b) International Union for Conservation of Nature
c) Wetlands International
d) Space Application Center
Answer: (D)
Explanation: Wetlands change atlas is published by Space Application Center
Q3. FAME India scheme is related to.
a) Health
b) Defence
c) Education
d) Electric vehicle
Answer: (D)
Explanation: FAME (Faster Adoption and manufacturing of hybrid and electric vehicles )Phase: Notified in April 2015, to promote the manufacture of electric and hybrid vehicle technology and mainly focuses on four aspects – demand creation, technology platform, pilot projects, and charging infrastructure.
Q4. India and Sri Lanka, both are members of which of the following organizations?
1) SAARC
2) BIMSTEC
3) SCO
4) ASEAN
5) IORA - Indian Ocean Rim Association
Select the correct code:
A) All of the above
B) 1,2,5
C) 2,3,4
D) 1,2,4
Answer: (B)
Explanation:
- SCO - Shanghai Cooperation Organisation has India as its member, whereas Sri Lanka is not a member.
- India and Sri Lanka are not members of ASEAN.
- IORA has 23 member states (including India and Sri Lanka). France is also a member. Its headquarter is located at Ebene, MauritiusEbene, Mauritius.
Q5. Consider the following statements:
1. India is the top weapons importer in the last five years.
2. India’s military spending is the highest in the world.
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
Answer: (A)
Explanation:
- India is the top weapons importer during the 2017-2021 period. Other countries to feature in the top five arms importers list include Saudi Arabia, Egypt, China, and Australia. According to SIPRI, these five nation states account for 38% of total global arms import.
- India’s military spending of $76.6 billion ranked third highest in the world.
