Questions

Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

According to the passage, which of the following statement is NOT true?

 

A) 11th WTO conference was held at Nairobi B) India’s take on food security programme in the WTO conference was positive
C) US is termed as the world’s largest economy D) US is involved directly in half of the cases brought to WTO
 
Answer & Explanation Answer: A) 11th WTO conference was held at Nairobi

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.


One who has witnessed a debate ______ argument between two men _____________ strong intellectually, one of whom is a trained logician and the other lacking this advantage, will never forget the impression produced _________ him by the unequal struggle. The conflict is like that of a ____________ wrestler, untrained in the little tricks and turns of the science, in the various principles of applying force in a certain way at a certain time, at a certain place, with a __________ and experienced wrestler.


like that of a ____________ wrestler, untrained

 

A) powerful B) power
C) powerfully D) powering
 
Answer & Explanation Answer: A) powerful

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Q:

Pakistani film industry is known as ___.

A) Pollywood B) Lollywood
C) Kollywood D) Mollywood
 
Answer & Explanation Answer: B) Lollywood

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Q:

TRIPS Agreement pertains to 

A) international tariff regime B) intellectual property protection
C) international practices on trade facilitation D) international taxation of property
 
Answer & Explanation Answer: B) intellectual property protection

Explanation:

The Agreement   on   Trade-Related Aspects   of   Intellectual   Property Rights(TRIPS)   is   an international legal   agreement between   all   the member    nations    of    the World Trade  Organization(WTO).  It  sets down  minimum  standards  for  the regulation by national governments of    many    forms    of intellectual property(IP) as applied to nationals  of  other  WTO  member nations.TRIPS  was  negotiated  at the  end  of  the  Uruguay  Round  of the General  Agreement  on  Tariffs and  Trade  (GATT)  in  1994  and  is administered by the WTO

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Q:

What was the theme of 48th annual meeting of the World Economic Forum (WEF) which was held in Davos city?

 

A) Discover, remember and share B) Creating shared future in a fractured world world
C) Shared values, common destiny D) Connecting ships, ports and people
 
Answer & Explanation Answer: B) Creating shared future in a fractured world world

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Q:

Article 31A of the Indian Constitution "Saving of Laws providing for acquisition of estates, etc" deals with?

A) the State Government B) the Union Government
C) the fundamental rights of the Indian Citizen D) the directive principles of state policy
 
Answer & Explanation Answer: C) the fundamental rights of the Indian Citizen

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Q:

Which among the following is not an environment friendly mode of producing electricity?

A) Thermal Power B) Solar Power
C) Wind Energy D) Bio-waste
 
Answer & Explanation Answer: A) Thermal Power

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Q:

In which of the following mentioned activities is the potential energy (P.E) converted into kinetic energy(K.E)?

A) The explosion of a fire cracker B) The switching on of a torch
C) The switching off of a torch D) The swinging of a pendulum
 
Answer & Explanation Answer: D) The swinging of a pendulum

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