Questions

Which type of foreign investment is considered as unsafe?

Who among the following is the current CEO of NITI Aayog?

According to the Classical Theory of Employment, deviations from the state of full employment are

Ilmenite is an ore/mineral of _________.

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

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 the four alternatives.

Decisions that profoundly _________________ not only the present __________________ succeeding generations, should not be taken in a ______________, or through one­time referendums. This is basic political common ________________. But in a voter turnout of 72.2 per cent, 51.9 per cent decided that Britain should exit the European Union (EU). The ___________________ of the Brexit vote are painfully clear.

not only the present __________________ succeeding generations,

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.

Which of the following nation is keen to fortify its interest on WTO platform?