1. Which among the following is known as Treaty on European Union?
[A] Lisbon Treaty
[B] Paris Treaty
[C] Maastricht Treaty
[D] Treaty of Rome
Show Answer
Correct Answer: C [Maastricht Treaty]
Notes:
The Maastricht Treaty is responsible for the establishment of the European Union in 1993, and it introduced the concept of European citizenship.
2. Which of the following organization publishes and continually updates the model tax convention which serves as a template for bilateral negotiations regarding tax coordination and cooperation?
[A] Organization for Economic Co-operation and Development (OECD)
[B] Asia-Pacific Economic Cooperation APEC
[C] G20
[D] UN
Show Answer
Correct Answer: A [Organization for Economic Co-operation and Development (OECD)]
Notes:
The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 37 member countries, founded in 1961 to stimulate economic progress and world trade. It is headquartered at Paris, France. The OECD publishes and updates a model tax convention that serves as a template for allocating taxation rights between countries.
3. Where is the Secretariat of the International Chamber of Commerce situated?
[A] Geneva
[B] London
[C] New York
[D] Paris
Show Answer
Correct Answer: D [Paris]
Notes:
The secretariat of the International Chamber of Commerce is located in Paris, France. Founded in 1919, the International Chamber of Commerce represents businesses from more than 130 countries. It plays a significant role in arbitration and has a wide reach in areas involving trade and business law. This international non-governmental organization assists in streamlining international trade rules, thereby promoting economic growth.
4. Which among the following organizations confers Avicenna Prize?
[A] UNO
[B] UNICEF
[C] UNESCO
[D] WEF
Show Answer
Correct Answer: C [UNESCO]
Notes:
UNESCO Avicenna Prize for Ethics in Science is awarded every two years to individuals and groups with outstanding achievements in the field of ethics in science. Its purpose is to highlight the importance of ethics in science, to develop a reflection on the issue and to bring it to the attention of scientists and the general public.
5. World Press Freedom Day is observed on which date?
[A] June 1
[B] May 3
[C] May 31
[D] July 24
Show Answer
Correct Answer: B [May 3]
Notes:
World Press Freedom Day is observed every year on May 3. The day was established by the United Nations General Assembly in 1993, and is intended to celebrate the fundamental principles of press freedom and to remind governments of their duty to respect and uphold the right to freedom of expression. World Press Freedom Day is an opportunity for journalists, media professionals, and members of the public to come together and reflect on the importance of a free and independent press, and to support efforts to promote and defend press freedom around the world.
6. Who is the author of “The Apple Cart: A Political Extravaganza”?
[A] Shakespeare
[B] George Qrwell
[C] George Bernard Shaw
[D] Mark Twain
Show Answer
Correct Answer: C [George Bernard Shaw]
Notes:
The Apple Cart: A Political Extravaganza was written by George Bernard Shaw. It is a play that was first performed in 1929. The play is a satirical look at politics and government, and explores the tension between the forces of tradition and progress in society. It is one of Shaw’s most popular and enduring works.
7. Transnationality Index is prepared and released by which of the following?
[A] World Trade Organization
[B] World Economic Forum
[C] UNCTAD
[D] International Monetary Fund
Show Answer
Correct Answer: C [UNCTAD]
Notes:The United Nations Conference on Trade and Development (UNCTAD) developed the Transnationality Index (TNI). The TNI is used to rank multinational corporations. It is calculated as the average of three ratios:
- The ratio of foreign assets to total assets
- The ratio of foreign sales to total sales
- The ratio of foreign employment to total employment
The TNI has been used since 1990 to rank the world’s 100 largest non-financial TNCs. It can be used for comparative analysis with similar surveys conducted in other countries.
The TNI has shown that the average index value for developing economies’ TNCs has increased over time.
8. Group of 77 at the United Nations is a loose coalition of developing nations for economic promotion. All the countries of which of the following continents are members of the G-77?
[A] Africa
[B] Asia
[C] Europe
[D] Latin America
Show Answer
Correct Answer: D [Latin America]
Notes:
Group of 77 at the United Nations is a loose coalition of developing nations for economic promotion. All the countries of Latin America are part of this group. It is designed to promote its members collective economic interests and create an enhanced joint negotiating capacity in the United Nations.
9. Which among the following organizations has the Latin motto, “fiat panis” ?
[A] Food and Agriculture Organization
[B] World Food Programme
[C] World Health Organization
[D] World Meteorological Organization
Show Answer
Correct Answer: A [Food and Agriculture Organization]
Notes:
FAO is also a source of knowledge and information, and helps developing countries and countries in transition modernize and improve agriculture, forestry and fisheries practices, ensuring good nutrition and food security for all. Its Latin motto, fiat panis, translates into English as “let there be bread”
10. Who was the author of Dashkumarcharitam and at whose court did he live?
[A] Dandin, Nandivarman II
[B] Bharavi, Nandivarman II
[C] Appar, Dandivarman I
[D] Bharavi, Narsimhavarman I
Show Answer
Correct Answer: A [Dandin, Nandivarman II]
Notes:
Dashkumarcharitam was composed by Dandin, who was a Sanskrit author of prose romances and expounder on poetics in the 6th-7th century. Both Bharavi and Dandin, the authors of Kiratarjuniyam and Dasakumarcharitam respectively, lived in the Pallava court.