1. Which among the following agencies is not based in Basel, Switzerland?
[A] Bank for International Settlements ( BIS)
[B] Financial Stability Forum (FSF)
[C] Organization for Economic Co-operation and Development (OECD)
[D] None of the above
Show Answer
Correct Answer: C [Organization for Economic Co-operation and Development (OECD)]
Notes:
The Organization for Economic Co-operation and Development (OECD) is not based in Basel, Switzerland. it is headquartered in Paris, France. The Bank for International Settlements (BIS) and the Financial Stability Forum (FSF) are both located in Basel. The OECD, established in 1961, focuses on economic development and policy coordination among member countries.
2. Which among the following has the motto ‘Unity and Discipline’
[A] National Defense Academy
[B] National Cadet Corps
[C] Border Security Force
[D] CRPF
Show Answer
Correct Answer: B [National Cadet Corps]
Notes:
The motto of the National Cadet Corps (NCC) is “Unity and Discipline”. This motto reflects the organization’s focus on promoting teamwork and discipline among its members. The NCC is a voluntary organization that seeks to instill a sense of patriotism and national pride in young people, and to develop their physical, mental, and moral abilities through a variety of activities and training programs.
3. The first Industrial Revolution took place in?
[A] England
[B] USA
[C] France
[D] Germany
Show Answer
Correct Answer: A [England]
Notes:
The First Industrial Revolution was started in Europe and the United States. It was started in the 18th century and ended in Middle of 19th Century.
4. Japan attacked Pearl Harbor on which date during World War-II?
[A] January 7, 1941
[B] December 20, 1941
[C] March 7, 1941
[D] December 7, 1941
Show Answer
Correct Answer: D [December 7, 1941]
Notes:
The attack on Pearl Harbor was a surprise military strike by by Japan on the US naval base at Pearl Harbor in Honolulu on December 7, 1941. Till that date, United States was neutral but entered into Second World War after this.
5. Which among the following is an Indian Document / proposal ?
[A] International Convention for the Suppression of Terrorist Bombings
[B] Declaration on Measures to Eliminate International Terrorism.
[C] Comprehensive Convention on International Terrorism
[D] Convention against Nuclear Terrorism
Show Answer
Correct Answer: C [Comprehensive Convention on International Terrorism]
Notes:
Comprehensive Convention on International Terrorism or, the CCIT is an Indian document, which outlines the definition of terrorism and proposal of anti-terror law submitted to United Nations in the late 90s, which is under discussion for many years.In 2001, India in fact submitted its revised version and has been pitching for its implementation.
6. World Standards Day is observed on which among the following dates?
[A] September 10
[B] October 14
[C] November 13
[D] December 30
Show Answer
Correct Answer: B [October 14]
Notes:
World Standards Day or International Standards Day is celebrated on 14 October to honor the efforts of the thousands of experts who develop voluntary standards within standards development organizations. On 14 October 1946, delegates from 25 countries first gathered in London and decided to create an international organization focused on facilitating standardization. Towards this, ISO was founded on 23 February 1947.
7. Who among the following was the last Director-General of GATT, and the first of the WTO ?
[A] Arthur Dunkel
[B] Peter Sutherland
[C] Renato Ruggiero
[D] Olivier Long
Show Answer
Correct Answer: B [Peter Sutherland]
Notes:
Peter Denis Sutherland was an Irish businessman, barrister and politician. He served as last Director-General of GATT, and the first of the WTO.
8. The 40+9 recommendations are related to which among the following organizations/ bodies?
[A] Global Task Force on Implications and Policy
[B] Financial Action Task Force
[C] G-20
[D] Global Task Force on Cholera Control
Show Answer
Correct Answer: B [Financial Action Task Force]
Notes:
The 40+9 Recommendations are related to the Financial Action Task Force (FATF). The FATF is an intergovernmental body that sets international standards to prevent money laundering and terrorist financing. The 40+9 Recommendations are the international standards for combating these illegal activities.
The FATF first issued its Forty Recommendations in 1990. In 2004, the FATF published the Ninth Special Recommendations (SR). These recommendations further strengthened the international standards. In February 2012, the FATF revised the 40 and IX Recommendations. The revised recommendations integrated the SR on terrorist financing with measures against money laundering. The revised recommendations covered issues such as the financing of weapons of mass destruction.
The FATF Recommendations are not binding in the way a law or contract would be.
9. Shanti Purana was written by whom ?
[A] Ponna
[B] Ishwar das Nagar
[C] Bhimsen
[D] Padma Shankar
Show Answer
Correct Answer: A [Ponna]
Notes:
Sri Ponna was a noted Kannada poet in the court of Rashtrakuta dynasty ruler, Krishna III (939–967 AD). Some of the famous works of Sri Ponna are Shanti Purana, Bhuvanaika-Ramabhyudaya, Jinaksharamale, etc.
10. Consider the following differences between International Monetary Fund and World Bank:
- While main task of World Bank is to fight poverty, IMF aims to economically strengthen its member countries.
- While IMF provides only short term loans, World Bank provides both short term and long term loans.
Which of the above statements is/are correct?
[A] 1 Only
[B] 2 Only
[C] Both 1 and 2
[D] Neither 1 nor 2
Show Answer
Correct Answer: C [Both 1 and 2]
Notes:
Both the statements are correct.