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Q.1 Who among the following are the members of the Boao Forum for Asia (BFA) ?
1. China
2. India
3. FICCI (Federation of Indian Chambers of Commerce)
Select the correct answer using the codes given below :
A) 1 & 3
B) Only 2
C) 2 & 3
D) 1,2,3
Ans.A
A non-governmental and non-profit international organization with a fixed conference date and a fixed domicile. BFA was officially introduced on February 27, 2001. Since 2002, BFA has been having its yearly conference at Boao, Hainan Province, China which now serves as the permanent site of BFA Headquarters. Each year world’s Top political and business leaders gather at Boao to brain storm on global political and economic issues.
Objectives :
To base itself on Asia and encourage and deepen the economic exchange, coordination, and cooperation within Asia and between Asia and other parts of the world.
To offer a high-end dialog platform for governments, enterprises, experts, and scholars to collectively talk about economy, society, and environment and other pertinent subject matters.
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Q.2 Who among the following are not the members of the Arab League ?
1. Chad
2. Israel
3. South Sudan
4. Libya
5. Oman
Select the correct answer using the codes given below :
A) 3,4,5
B) Only 1 & 2
C) 1,2,5
D) All are the members
Ans. B
The Arab League was founded in Cairo in 1945 by Egypt, Iraq, Lebanon, Saudi Arabia, Syria, Transjordan (Jordan from 1946) and Yemen (North Yemen, later combined Yemen). There was a continual increase in membership during the second half of the 20th century, with additional 15 Arab states and 4 observers being admitted.
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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
Select the correct answer using 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.
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Q.4 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. India’s IMF quota has been reduced since past years
3. The largest members of the IMF are the United States & India
Select the correct answer using the codes given below :
A) 1 & 3
B) Only 1
C) 2 & 3
D) 1,2,3
Ans. B
The largest members of the IMF is the United States & Tuvalu is the lowest
Each member’s quota also determines its relative voting power
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Q.5 Who among the following publishes Global Youth Development Index ?
A) Commonwealth Secretariat
B) World Economic Forum
C) Security Council
D) Global Innovation
Ans. A
India has been ranked 133rd out of 183 countries in the 2016 Global Youth Development Index (YDI) compiled by the Commonwealth Secretariat. The Global Youth Development Index report measures countries’ prospects for young people in employment, education, health, civic and political spheres.
Q.6 India is a member of:
1. Asia-Pacific Economic Cooperation (APEC)
2. Asian Development Bank (ADB)
3. Organization for Economic Cooperation and Development (OECD)
4.World Trade Organization (WTO)
Select the correct answer using the code given below:
A) 1 and 3 only
B) 2 and 4
C) 2,3 and 4
D) 1,2,3 and 4
Ans. B
Q.7 With reference to the Pradhan Mantri Fasal Bima Yojana , consider the following statements :
1. Farmers will pay uniform premium of 2 per cent for all Kharif crops and 1.5 percent for all Rabi crops
2. provision of capping the premium rate has been removed
3. Encouragement of use of technology such as use of smart phones & remote sensing satellite
Which among the above is/are correct ?
A) 1 & 3
B) 2 & 3
C) 1 & 2
D) 1,2,3
Ans. D
The new Crop Insurance Scheme has been formulated in line with One Nation–One Scheme theme. It replaces existing two schemes viz. National Agricultural Insurance Scheme (MNAIS) and Modified National Agricultural Insurance Scheme (MNAIS) by removing their inherent drawbacks (shortcomings).
There will be no upper limit subsidy given by Government even if balance premium is 90 percent.
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Q.8 A geographical indication is used for products that have a specific geographical origin.
GI is governed by which of the following legal authorities :
1. WTO
2. TRIPS
3. Food & agriculture organization
Select the correct answer using the codes given below :
A) Only 3
B) 2 & 3
C) Only 1 & 2
D) All are correct
Ans. C
A geographical indication (GI) is a name or sign used on certain products which corresponds to a specific geographical location or origin (e.g. a town, region, or country). The GI tag is an indication which is definite to a geographical territory. It is used for agricultural, natural and manufactured goods. For a product to get GI tag, the goods need to be produced or processed or prepared in that region. It is also essential that the product has special quality or reputation.
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Q.9 With reference to the National Innovation Fund, consider the following statements :
1. It is an autonomous body of the Department of Science and Technology
2. It provides institutional support for scaling up the grassroots innovations across the country
3. NIF is mandated to build a national register of traditional knowledge practices related to agriculture, plants, animal health and human health
Select the correct answer using the codes given below :
A) 2 & 3
B) Only 1
C) 1 & 3
D) 1,2,3
Ans. D
National Innovation Foundation (NIF) – India is an autonomous body of the Department of Science and Technology (DST), Government of India. It was set up in February 2000 at Ahmedabad, Gujarat to provide institutional support for scouting, spawning, sustaining and scaling up the grassroots innovations across the country. NIF is a national initiative to serve the knowledge-rich, economically poor people of the country. It is committed to making India innovative by documenting, adding value, protecting the Intellectual Property Rights (IPRs) of the contemporary, unaided technological innovators as well as of outstanding traditional knowledge holders and disseminating them on a commercial as well as non-commercial basis. NIF conducts a biennial national competition for grassroots green technologies, developed by farmers, mechanics, artisans and others, through their own genius, without any recourse to professional help. NIF then gets these innovations validated with the help of experts and ascertains the novelty in these innovations by conducting Prior Art Search (PAS). If the innovation is deemed novel, NIF files a patent on behalf of the innovator in his/her name. NIF also funds value-addition initiatives in these innovations to upscale them and make them more useful for a larger segment of people. Being organised since 2008, IGNITE is an annual competition for student’s ideas and innovations conducted by NIF in partnership with the Central Board of Secondary Education (CBSE). Some state education boards also partner in the same. All students up to Standard 12 from any school (and of the same age group but out of school) in India are eligible to participate in the competition. The IGNITE awards [3] are announced on October 15, the birthday of Bharat Ratna Dr A P J Abdul Kalam, the former President of India, which is celebrated as the Children’s Creativity and Innovation Day by NIF. In 2015, IGNITE competition was renamed as Dr A P J Abdul Kalam IGNITE competition in the memory of Dr Kalam so that the creative children continue to draw inspiration from his spirit. NIF is mandated to build a national register of ideas, innovations and traditional knowledge (TK) practices related to agriculture, plants, animal health and human health. With the help of the Honey Bee Network, NIF has been able to scout and document over 2,25,000 examples of technological ideas, innovations and traditional practices.[4] Since its inception, NIF has also recognised over 816 grassroots innovators, young students and outstanding traditional knowledge holders in its various national awards, providing them a platform to showcase their creativity.[5] Through the collaborations with various research and development (R&D) and academic institutions, agricultural and veterinary universities and others, NIF has helped in getting thousands of grassroots technologies validated and value-added. It has also set up a Fabrication Laboratory (Fab Lab) with the help of Massachusetts Institute of Technology (MIT), Boston for product development, apart from strengthening in-house research and development facilities for the initial validation of herbal technologies.
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Q.10 Global Gender Report is released by which of the following
A) World bank
B) World Trade Organisation
C) International Monetary Fund
D) World Economic Forum
Ans. D
The Global Gender Gap Report was first published in 2006 by the World Economic Forum. The 2016 report covers 144 major and emerging economies. The Global Gender Gap Index is an index designed to measure gender equality. The highest possible score is 1 (equality or better for women, except for lifespan, 106% or better for women) and the lowest possible score is 0. Data for some countries are unavailable.
