Q.1 Which among the following are the Gulf Cooperation Countries ?

1. Bahrain

2. Kuwait

3. Qatar

4. Saudi Arabia

5. Oman

Which of the above statements is/are correct ?

A) 1,3,4

B) 2,3,4

C) 1,2,3

D) 1,2,3,4

Ans.D

Q.2 New methods of trapping black money devised by the Government are :

1. NHB funding

2. Foreign Exchange Reserves

3. SBI mutual funds

4. NRI investment rules relaxation

Choose the correct answer from the codes given below :

A) 1 & 2

B) 1,3,4

C) 1,2,3,4

D) 1,2,3

Ans.D

Q.3 Which among the following are the members of the Central Asian Nuclear-Weapon-Free-Zone (CANWFZ) Treaty ?

1. Kazakhstan

2. Kyrgyzstan

3. Tajikistan

4. Turkmenistan

5. Uzbekistan

Choose the correct answer from the codes given below :

A) 1 & 2

B) 1,3,5

C) 1,4,5

D) 1,2,3,4,5

Ans.D

The CANWFZ Treaty was inked on September 8, 2006 in Semipalatinsk by the five Central Asian nations – Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. It came into force on March 21, 2009. As chair of the CANWFZ Treaty, Kazakhstan has steered the negotiations with the five nuclear states on behalf of its Central Asian neighbors. Central-Asian parties to the CANWFZ treaty aim to make the region a nuclear-weapon free zone. For the zone to be recognized internationally, it also requires to get the so-called negative guarantees from the five nuclear weapon countries, meaning legally-binding assurances not to use nuclear weapons against the parties of the treaty and not to use the threat of the use of nuclear weapons against them. The Protocol signed on May 6, 2014 in New York provides all these guarantees.  The Protocol awaits ratification by the parliaments of the signing states enter into effect.

Apart from the newly created Central-Asian zone, there are four other nuclear weapons free zones in the world, including in Africa, Latin America and the Caribbean, South-East Asia and the South Pacific.

Q.4 Which among the following are the members of the  P5+1 countries ?

1. China

2. UK

3. France

Which among the above is/are correct ?

A) 1 & 3

B) Only 2

C) 2 & 3

D) 1,2,3

Ans. D

USA , Russia are also the members of P5+1 Countries

P5+1 countries include the five permanent members of the UN Security Council (UNSC)

Q.5 Which of the following are the classical languages of the world ?

1. Chinese

2. Tamil

3. Hebrew

4. Greek

5. Latin

Which among the above are correct ?

A) 1,3,4,5

B) 2,3,4,5

C) Only 1 & 2

D) All are correct

Ans.D

Classical languages of India :

Sanskrit,

Odia,

Tamil,

Telugu,

Kannada,

Malayalam

Q.6 With reference to the Asia Infrastructure Investment Bank, consider the following statements :

1. Initial subscribed capital is 50 billion US dollar

2. Allocation of capital share will be on capital basis

3. Each member country has equal voting share

Which among the above is/are correct ?

A) 1 & 3

B) Only 1

C) 2 & 3

D) 1,2,3

Ans. B

Authorised capital will be of will be of 100 billion US dollars

It has been established to infrastructure projects including energy, transportation, urban construction and logistics as well as education and healthcare in Asia-Pacific region.

For each member country it is based on the size of their economy and not on authorised capital share to the Bank.

China is the highest contributor.

Total there are 57 members, of which  37  are regional and 20 non-regional Prospective Founding Members (PFM).

Q.7 With reference to the IMF quota, consider the following statements

1. Each IMF member country is assigned a quota  that reflects the country’s relative size in the global economy.

2. The largest members of the IMF are the United States & India

Which among the above statements is/are correct

A) Only 1

B) Only 2

C) Both are correct

D) Both are incorrect

Ans. A

The largest members of the IMF is the United States & Tuvalu is the lowest

Each member’s quota also determines its relative voting power