INDIAN ECONOMY TEST - 2-Indian Economy-Quiz

Civil Services Exams-INDIAN ECONOMY TEST - 2

Q 11.
Among the following countries, which one was the last to join the WTO?

a.)
China
b.)
India
c.)
Russia
d.)
Switzerland

Q 12.
Consider the following statements about world trade scenario as per the WTO’s World Trade Statistics 2021.

1. China is the largest exporter

2. The US is the largest importer

3. China is the largest trading country.

Codes:

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

Q 13.
Consider the following statements about Global Economic prospects

1. It is published by the IMF

2. It examines global economic developments with a special focus on emerging market and developing economies.

3. It is issued twice a year, in January and June

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

Q 14.
Global Economic Prospects is published by:

a.)
IMF
b.)
World Bank
c.)
UNCTAD
d.)
UNDP

Q 15.
Examine the following statements about the IMF’s Special Drawing Rights (SDRs) and select the correct one using the codes given below.

1. The largest issue of SDR was made by the IMF in 2021

2. SDR issue creates liability for the IMF

3. SDR can be used as medium of exchange for making merchandise trade payments.

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

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