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Current Affairs Questions

International:

Financial Action Task Force (FATF)

Consider the following statements regarding FATF:

  1. It is established under the United Nation Security Council.
  2. Iran & South Korea are listed under the FATF blacklist.
  3. FATF uses the technique of name-and-shame which affects the investor sentiments to that economy.

Choose the correct answer from the code given below:

A
1 only
B
2 and 3 only
C
1, 2 and 3
D
3 only

40+9 Recommendations

40+9 Recommendations are related to which agency/ organization?

A
UNSC
B
WTO
C
FATF
D
World Bank

Red Sea

Which of the following countries does not open to the Red Sea?

A
Ethiopia
B
Saudi Arabia
C
Egypt
D
Yemen

UNSC 1267 Resolution

UNSC 1267 Resolution sometimes seen in the news is related to?

A
Yemen Crisis
B
Taliban Peace Process
C
Iranian Revolution
D
Declaring a person an International Terrorist

Gig Economy

Consider the following statements regarding Gig Economy?

  1. In the projects where teamwork is essential, Gig Economy becomes dysfunctional.
  2. Confidentiality of documents etc. of the workplace is not guaranteed in the case of a Gig Economy.
  3. In Gig Economy, businesses save resources in terms of benefits, office space and training.

Choose the correct answer from the code given below:

A
1 only
B
1 and 3 only
C
1, 2 and 3
D
2 only

Gig Economy

Which of the following are the attributes of a Gig Economy?

  1. Lack of social security net
  2. Lack of job stability & security
  3. Contractual work

Choose the correct answer from the code given below:

A
1 only
B
1 and 3 only
C
1, 2 and 3
D
2 only

Financial Action Task Force (FATF)

Consider the following statements about the Financial Action Task Force (FATF):

  1. It works under the aegis of United Nations.
  2. It looks into the matters of money laundering only.
  3. It’s headquarter is housed at the UNGA secretariat.

Choose the correct answer from the code given below:

A
2 only
B
3 only
C
2 and 3 only
D
None

Most Favored Nation Status (MFN)

The concept of MFN is common to which of the following agreements?

  1. Nagoya Protocol
  2. GATT
  3. GATS
  4. TRIPS.

Choose the correct answer from the code given below:

A
1 and 2 only
B
, 2, 3 only
C
1, 2, 3 and 4
D
2, 3, 4 only

Most Favored Nation Status (MFN)

MFN status is related to which of the following organization?

A
World Bank
B
IMF
C
WTO
D
ASEAN

Beggar-thy-Neighbour

What does the term ‘Beggar-thy-Neighbour’ mean?

A
Line of credit given to under-developed economies
B
Soft loan given to developing economies by financial institutions
C
‘Debt trap’ mechanism practised by the loan giving country which finally intends to capture the important installations of that country
D
Steps taken in such a manner that hurts your neighbouring countries economically
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