1. What is the importance of developing Chabahar Port by India? [UPSC CSE 2017]
(a) India’s trade with African countries will enormously increase.
(b) India’s relations with oil-producing Arab countries will be strengthened.
(c) India will not depend on Pakistan for access to Afghanistan and Central Asia.
(d) Pakistan will facilitate and protect the installation of a gas pipeline between Iraq and India.
2. Consider the following statements: [UPSC CSE 2017]
1. India has ratified the Trade Facilitation Agreement (TFA) of WTO.
2. TFA is a part of WTO’s Bali Ministerial Package of 2013.
3. TFA came into force in January 2016.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
3. ‘Broad-based Trade and Investment Agreement (BTIA)’ is sometimes seen in the news in the context of negotiations held between India and [UPSC CSE 2017]
(a) European Union
(b) Gulf Cooperation Council
(c) Organization for Economic Cooperation and Development
(d) Shanghai Cooperation Organization
4. The Global Infrastructure Facility is a/an [UPSC CSE 2017]
(a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
(b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.
(c) Collaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment.
(d) UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.
5. With reference to ‘Asia Pacific Ministerial Conference on Housing and Urban Development (APMCHUD)’, consider the following statements: [UPSC CSE 2017]
1. The first APMCHUD was held in India in 2006 on the theme ‘Emerging Urban Forms – Policy Responses and Governance Structure’.
2. India hosts all the Annual Ministerial Conferences in partnership with ADB, APEC and ASEAN.
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
6. Which of the following gives ‘Global Gender Gap Index’ ranking to the countries of the world? [UPSC CSE 2017]
(a) World Economic Forum
(b) UN Human Rights Council
(c) UN Women
(d) World Health Organization
7. ‘Global Financial Stability Report’ is prepared by the [UPSC CSE 2016]
(a) European Central Bank
(b) International Monetary Fund
(c) International Bank for Reconstruction and Development
(d) Organization for Economic Cooperation and Development
8. The term ‘Regional Comprehensive Economic Partnership’ often appears in the news in the context of the affairs of a group of countries known as [UPSC CSE 2016]
(a) G20
(b) ASEAN
(c) SCO
(d) SAARC
9. India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking? [UPSC CSE 2016]
(a) Organization for Economic Cooperation and Development (OECD)
(b) World Economic Forum
(c) World Bank
(d) World Trade Organization (WTO)
10. The FAO accords the status of ‘Globally Important Agricultural Heritage System (GIAHS)’ to traditional agricultural systems. What is the overall goal of this initiative? [UPSC CSE 2016]
1. To provide modern technology, training in modern farming methods and financial support to local communities of identified GIAHS so as to greatly enhance their agricultural productivity
2. To identify and safeguard eco-friendly traditional farm practices and their associated landscapers, agricultural biodiversity and knowledge systems of the local communities
3. To provide Geographical Indication status to all the varieties of agricultural produce in such identified GIAHS
Select the correct answer using the code given below.
(a) 1 and 3 only
(b) 2 only
(C) 2 and 3 only
(d) 1, 2 and 3
11. With reference to the International Monetary and Financial Committee (IMFC), consider the following statements : [UPSC CSE 2016]
1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in IMFC’s meetings.
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
12. In the context of which of the following do you sometimes find the terms `amber box, blue box and green box’ in the news? [UPSC CSE 2016]
(a) WTO affairs
(b) SAARC affairs
(c) UNFCCC affairs
(d) India-EU negotiations on FTA
13. With reference to ‘IFC Masala Bonds’, sometimes seen in the news, which of the statements given below is/are correct? [UPSC CSE 2016]
1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.
Select the correct answer using the code given below.
(a) 1 only
(h) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
14. Which one of the following issues the ‘Global Economic Prospects’ report periodically? [UPSC CSE 2015]
(a) The Asian Development Bank
(b) The European Bank for Reconstruction and Development
(c) The US Federal Reserve Bank
(d) The World Bank
15. Which of the following organizations brings out the publication known as ‘World Economic Outlook’? [UPSC CSE 2014]
(a) The International Monetary Fund
(b) The United Nations Development Programme
(c) The World Economic Forum
(d) The World Bank
