Indian Economy Test -22-Indian Economy-Quiz

Prelims 2020 Test Series-Indian Economy Test -22

Q 1.
Which of the following is correct about the World Economic Forum? Choose the correct answer using codes given below.

1. The WEF is a non-profit foundation based in Geneva

2. It was founded by Professor Klaus Schwab

3. The Forum is guided by the Board of Trustees

Codes:

a.)
1, 2 and 3 are correct
b.)
Only 2 is correct
c.)
1 and 2 are correct
d.)
2 and 3 are correct

Q 2.
The Asian Infrastructure Investment Bank:

1. Has members from Asia and outside

2. The capital base of the bank is US $ 100 bn and is lower than that of the ADB and the World Bank

Of these, the correct statements are:

a.)
Only 1 is correct
b.)
only 2 is correct
c.)
Neither 1 nor 2 is correct
d.)
Both 1 and 2 are correct

Q 3.
Which of the following statements are correct about the ADB and AIIB?

1. Both ADB and AIIB follows weighted voting system

2. Both have regional and non-regional members

3. ADB has observer status at the UN whereas the AIIB has not

Codes:

a.)
1, 2 and 3 are correct
b.)
Only 2 is correct
c.)
1 and 2are correct
d.)
2 and 3 are correct

Q 4.
Choose the correct statements about the AIIB using the given codes.

1. India has nearly 7.5% voting power whereas China holds 26% votes.

2. Russia, Turkey, Georgia and Israel are considered as regional members

3. UK and Switzerland are some of the non-regional members and all non-regional members have 23% of the total votes.

Codes:

a.)
1 and 2 are correct
b.)
Only 2 is correct
c.)
1, 2 and 3 are correct
d.)
2 and 3 are correct

Q 5.
Find the wrong match:

a.)
JinLiqun - AIIB
b.)
K V Kamath - NDB
c.)
David Malpass– World Bank
d.)
Roberto Azevedo - IDA

Q 6.
Consider the following statements about e-visa.

1. The window period for the facility is 120 days for all categories.

2. E-visa is allowed for business and tourism categories only.

3. The scheme is not available for all foreigners

Which of these statements are correct?

a.)
1, 2, and 3
b.)
1 and 2
c.)
2 and 3
d.)
3 only

Q 7.
The National Scholarship Portal is administered by:

a.)
Ministry of Human Resources Development
b.)
Ministry Electronics and Information Technology
c.)
Ministry of Science and Technology
d.)
Ministry of Entrepreneurship and Skill Development

Q 8.
National Informatic Centre is associated with:

a.)
Ministry of Electronics and Information Technology
b.)
Ministry of Science and Technology
c.)
Ministry of Home Affairs
d.)
Ministry of Human Resource Development

Q 9.
Which country has partnered Government of India in data.gov.in endeavor?

a.)
UK
b.)
USA
c.)
Switzerland
d.)
Israel

Q 10.
Which of the following is not correct about OPEC?

a.)
It is a permanent intergovernmental organization
b.)
It acts to stabilize production to reach beneficial price for crude
c.)
Austria is the only European member country in the OPEC
d.)
OPEC was created at the Baghdad Conference in 1960.

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