QUIZ – CURRENT AFFAIRS , 4th Jan 2018

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 )