1. Apart from efforts towards economic integration across the region, which of the following African organizations has also served as a peacekeeping force sending joint military forces in the times of political unrest?
[A] African Economic Community
[B] Economic Community of West African States (ECOWAS)
[C] Arab Maghreb Union
[D] East African Community
Show Answer
Correct Answer: B [Economic Community of West African States (ECOWAS)]
Notes:
ECOWAS is a 15 member community of western African countries that makes efforts towards not only economic integration but also peace keeping during times of political unrest.
2. Last Sunday of which of the following months is observed as “World Leprosy Day”?
[A] January
[B] February
[C] March
[D] April
Show Answer
Correct Answer: A [January]
Notes:
World leprosy day is annually observed around the world on the last Sunday of January. It was initiated in 1954 by French philanthropist and writer, Raoul Follereau. The day was chosen to coincide with the death anniversary of Indian freedom fighter and Father of nation Mahatma Gandhi’s assassination on January 30 1948.
Leprosy (also known as Hansen’s disease) is one of the oldest diseases known to humankind. It is caused by a slow-growing type of bacteria called Mycobacterium leprae (M. leprae). It is curable with multidrug therapy (MDT)
3. Where are the NATO Headquarters?
[A] Iraq
[B] New york
[C] Brussels
[D] London
Show Answer
Correct Answer: C [Brussels]
Notes:
The North Atlantic Treaty Organization (NATO) headquarters are located at Boulevard Leopold III in Brussels, Belgium. The 41-hectare campus is located on the outskirts of Brussels. The design of the campus is meant to symbolize unity, with fingers interlaced in a clasp.
NATO was established in 1949 when 28 countries signed the North Atlantic Treaty. The organization’s purpose is to protect the freedom and security of its member nations. NATO’s military headquarters are located near Mons, Belgium.
4. Brettonwood agreement was signed to establish which of the following organization?
[A] World Bank
[B] New York stock exchange
[C] Unite Nations
[D] WHO
Show Answer
Correct Answer: A [World Bank]
Notes:
The Bretton Woods system is commonly refers to the international monetary regime that prevailed from the end of World War II until the early 1970s. Taking its name from the site of the 1944 conference that created the International Monetary Fund (IMF) and World Bank, the Bretton Woods system was history’s first example of a fully negotiated monetary order intended to govern currency relations among sovereign states.
5. 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.
6. Which among the following denotes the main function of Bank of International Settlement?
[A] A Bank for financial arbitration
[B] A bank for central banks
[C] A bank for Cheap loans
[D] A bank for European Investment
Show Answer
Correct Answer: B [A bank for central banks]
Notes:
The correct answer is “A bank for central banks.” The Bank for International Settlements (BIS), established in 1930, serves as a bank for central banks, facilitating international monetary and financial cooperation. It provides a forum for central banks to exchange information and collaborate on financial stability. The BIS also conducts research and offers banking services to central banks, making it a pivotal institution in the global financial system.
7. EKUVERIN was a joint exercise between India and _______?
[A] China
[B] Mauritius
[C] Maldives
[D] Bhutan
Show Answer
Correct Answer: C [Maldives]
Notes:
Exercise Ekuverin is a joint military exercise held between armies of India and Maldives since 2008.
8. At which of the following places UN Charter was signed?
[A] New York
[B] Geneva
[C] Paris
[D] San Francisco
Show Answer
Correct Answer: D [San Francisco]
Notes:
The UN Charter was signed in San Francisco on June 26, 1945, during the United Nations Conference on International Organization. This event marked the establishment of the United Nations, aimed at promoting peace and cooperation among nations after World War II. San Francisco was chosen for its historical significance and its role in the Pacific theater during the war.
9. In which date the IT department observes the Income Tax Day ?
[A] July 1
[B] July 24
[C] July 25
[D] July 30
Show Answer
Correct Answer: B [July 24]
Notes:
The Income Tax Department of India observes Income Tax Day on July 24 each year. This date commemorates the introduction of the Income Tax Act in India in 1961. The day aims to promote awareness about tax compliance and the importance of tax revenue in nation-building.
10. Which among the following navies took part in Varuna naval exercise ?
[A] India and England
[B] India and France
[C] India and Singapore
[D] India and Australia
Show Answer
Correct Answer: B [India and France]
Notes:
The Varuna naval exercise is a biennial military exercise between India and France, focusing on enhancing interoperability and maritime security. The first Varuna exercise took place in 2001, and it has since evolved to include various naval operations, showcasing advanced naval capabilities. France is a key strategic partner for India, particularly in defense and maritime cooperation.