General Knowledge
ECONOMIC NEWS MCQs
World Political, Indian Political, Ocio Economic Panorama And Issues (national), Socio Economic Panorama And Issues (international)
Total Questions : 240
| Page 7 of 24 pages
Question 61. Consider the following statements
- Ministry of Railways constituted Ajay Shankar Committee to review PPP Cell functioning.
- Ajay Shanka is former Secretary, Department of Industrial Policy & Promotion (DIPP) under the aegis of Union Ministry of Commerce and Industry.
Answer: Option B. -> Both 1 and 2
Answer: (b)Union Ministry of Railways has constituted a Committee to review the existing Public Private Partnership (PPP) Cell in the Railway Board with former IAS officer Ajay Shankar as its head.
Answer: (b)Union Ministry of Railways has constituted a Committee to review the existing Public Private Partnership (PPP) Cell in the Railway Board with former IAS officer Ajay Shankar as its head.
Answer: Option D. -> Non-Banking finance
Answer: (d)
Answer: (d)
Answer: Option C. -> Arvind Panagariya
Answer: (c)Union government has set up a task force, headed by NITI Aayog Vice-Chairman Arvind Panagariya, to define poverty and prepare a roadmap to alleviate it.
Answer: (c)Union government has set up a task force, headed by NITI Aayog Vice-Chairman Arvind Panagariya, to define poverty and prepare a roadmap to alleviate it.
Answer: Option C. -> Infosys
Answer: (c)Vishal Sikka has replaced N.R Narayana Murthy as the CEO of Infosys.
Answer: (c)Vishal Sikka has replaced N.R Narayana Murthy as the CEO of Infosys.
Question 65. Which of the following statements are correct regarding Independent Commission on Multilateralism (ICM)?
- Hardeep Singh Puri has been appointed as the Secretary General of the commission.
- The commission has been launched by International Peace Institute (IPI).
- It is being funded by Norway and Canada
Answer: Option D. -> 1, 2 and 3
Answer: (d)The commission is being funded by Norway and Canada and Kevin Rudd (Former Australian Prime Minister) will be the first chairman.
Answer: (d)The commission is being funded by Norway and Canada and Kevin Rudd (Former Australian Prime Minister) will be the first chairman.
Question 66. Consider the following statements:
- BRICS countries has signed an agreement with China to place the Headquarters of New Development Bank in Shanghai.
- The agreement was signed by Chinese Foreign Minister Wang Yi and K V Kamath.
- The bank also signed a separate Memorandum of Understanding (MoU) with the local Municipal government headed by Mayor Yang Xiong.
- The new bank will start issuing loans to green energy ventures and infrastructure projects from April 2016.
Answer: Option D. -> All are correct
Answer: (d)All the above mentioned statements are correct.
Answer: (d)All the above mentioned statements are correct.
Answer: Option C. -> Investment and Trade Promotion
Answer: (c)The scheme aims to deepen economic connections between China and rest of the world.
Answer: (c)The scheme aims to deepen economic connections between China and rest of the world.
Question 68. Consider the Statements:
- Bangladesh’s oil spill disaster is considered as ecological catastrophe which may threaten rare dolphins, other wildlife species and world’s largest mangrove forests in the Sundrban’s.
- The tanker carrying an estimated 350,000 litres of furnace oil partly sank in the Sundarban’s Shela River after it collided with another vessel.
- This disaster may be considered as an ecological catastrophe and can destroy the delicate ecology of the Sundarbans – a UNESCO-listed World Heritage Site.
Answer: Option D. -> All of the above
Answer: (d)
Answer: (d)
Answer: Option D. -> Neither of the above
Answer: (d)Justice Surendra Kumar Sinha was appointed Chief Justice of Bangladesh by President Mohammad Abdul Hamid. With this appointment, he has become the first Hindu to hold highest judicial post in the Muslim-majority country.
Answer: (d)Justice Surendra Kumar Sinha was appointed Chief Justice of Bangladesh by President Mohammad Abdul Hamid. With this appointment, he has become the first Hindu to hold highest judicial post in the Muslim-majority country.
Question 70. What is the correct statement or statements for AntiDumping Duty?
- It is duty imposed by government on imported products which have prices less than their normal values or domestic price.
- Anti-Dumping Duty is imposed by a counter as a trade barrier under the multilateral WTO regime and varies from product to product and from country to country.
- Usually countries initiate anti-dumping probes to check if domestic industry has been hurt because of a surge in below-cost imports.
Answer: Option A. -> 1 and 2
Answer: (a)All the statements are true.
Answer: (a)All the statements are true.