Q 1 . Consider the following statements about Antidumping measures
1 . Antidumping measures are taken to restrict imports or cause an unjustified increase in cost of products.
2 . They are not a measure to ensure fair trade.
Which among the above statements are correct ?
a . only 1
b . only 2
c . both
d . none
answer – d (For explanation refer MICS IAS CURRENT AFFAIRS dated 4th Jan )
Q 2 . Consider the following statements about Trade with China
1 . Trade deficit with China has increased during April-October this fiscal.
2 . Chinese exports to India rely strongly on services.
Which among the above statements are correct ?
a . only 1
b . only 2
c . both
d . none
answer – a (For explanation refer MICS IAS CURRENT AFFAIRS dated 4th Jan )
Q 3 . During the eleventh ministerial conference of WTO which took place from December 10-13 in Buenos Aires India did not support the draft Ministerial Declaration as it excluded or failed to adequately cover issues such as-
a . multilateralism
b . Doha Development Agenda
c . special and differential treatment of developing countries
d . All the above
answer -d (For explanation refer MICS IAS CURRENT AFFAIRS dated 4th Jan )
Q 4 . To make Hindi one of the official languages at the United Nations , the essential criteria is-
1 . Two-thirds of the 193 members of UN will have to vote for Hindi as official language
2 . Consent of all the five members of the Security Council is essential
3 . share the financial cost incurred to do so
a . 1 & 2
b . 1 & 3
c . 2 & 3
d . 1 , 2 & 3
answer -b (For explanation refer MICS IAS CURRENT AFFAIRS dated 4th Jan )
Q 5 . Consider the following statements about Indradhanush
1 . It was announced in 2015
2 . Under the Indradhanush road map the government had announced infusion of Rs 70,000 crore in state- owned banks over six years
3 . Banks will have to raise a further Rs 1.1 lakh crore from the market to meet their capital requirement
Which among the above statements are correct ?
a . 1 & 2
b . 1 & 3
c . 2 & 3
d . 1 , 2 & 3
answer -b (For explanation refer MICS IAS CURRENT AFFAIRS dated 4th Jan )