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- April Current Affairs Quiz
08 April 2023
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08th April 2022 Current Affairs Quiz for UPSC Prelims
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Question 1 of 5
1. Question
2 pointsWhich of the following statements is not true regarding the Investment Facilitation Agreement?
A)Creating clear and consistent global benchmarks for investment facilitation
B)Anchoring domestic investment facilitation reforms in shared international commitments
C)Providing a global forum to promote best investment facilitation practices
D)allowing developing and developed country Members to receive the technical assistance and capacity-building support they need to implementCorrect
D is the right answer.
Explanation:An IFD Agreement in the WTO could complement and reinforce Members’ existing efforts to facilitate investment by:
Creating clear and consistent global benchmarks for investment facilitation, thus ensuring that (minimum) common standards are applied across economies, reducing regulatory uncertainty, minimizing transaction costs, and making it easier for investors to invest.
Anchoring domestic investment facilitation forms in shared international commitments, thus decreasing policy uncertainty, strengthening Members’ reform efforts, and sending a positive signal to investors.
Providing a global forum to promote best investment facilitation practices, thus enhancing cross-border regulatory cooperation and improving information exchanges.
Linking multilateral investment facilitation reforms to Members’ ability to implement them, allowing developing and least-developed country Members to receive the technical assistance and capacity-building support they need to implement and benefit from the future IFD Agreement.Incorrect
D is the right answer.
Explanation:An IFD Agreement in the WTO could complement and reinforce Members’ existing efforts to facilitate investment by:
Creating clear and consistent global benchmarks for investment facilitation, thus ensuring that (minimum) common standards are applied across economies, reducing regulatory uncertainty, minimizing transaction costs, and making it easier for investors to invest.
Anchoring domestic investment facilitation forms in shared international commitments, thus decreasing policy uncertainty, strengthening Members’ reform efforts, and sending a positive signal to investors.
Providing a global forum to promote best investment facilitation practices, thus enhancing cross-border regulatory cooperation and improving information exchanges.
Linking multilateral investment facilitation reforms to Members’ ability to implement them, allowing developing and least-developed country Members to receive the technical assistance and capacity-building support they need to implement and benefit from the future IFD Agreement. -
Question 2 of 5
2. Question
2 pointsGalathea Bay is located in which group of islands?
Correct
A is the right answer.
Galathea Bay is located on the island of Great Nicobar in the Nicobar Islands, which lie in the eastern Indian Ocean (Bay of Bengal)Incorrect
A is the right answer.
Galathea Bay is located on the island of Great Nicobar in the Nicobar Islands, which lie in the eastern Indian Ocean (Bay of Bengal) -
Question 3 of 5
3. Question
2 pointsWhich of the following statements is true?
1)Turkey became the first country in the world to adopt an end-to-end pharmaceutical track and trace system in 2012.
2)The main purpose of this system was to address counterfeit and product recall challenges.Correct
C is the right answer.
Explanation:
Turkey became the first country in the world to adopt an end-to-end pharmaceutical track and trace system in 2012.
The main purpose of this system was to address counterfeit and product recall challenges.Incorrect
C is the right answer.
Explanation:
Turkey became the first country in the world to adopt an end-to-end pharmaceutical track and trace system in 2012.
The main purpose of this system was to address counterfeit and product recall challenges. -
Question 4 of 5
4. Question
2 pointsWhich of the following statements is true when it comes to the “Support for Poor Prisoners” scheme?
1)The scheme is bought under the Ministry of Home Affairs (MHA)
2)the scheme will enable underprivileged prisoners, the majority of whom belong to socially disadvantaged or marginalized groups with lower education and income levels, to get out of prison.Correct
C is the right answer.
Explanation
The scheme is bought under the Ministry of Home Affairs (MHA)
the scheme will enable underprivileged prisoners, the majority of whom belong to socially disadvantaged or marginalized groups with lower education and income levels, to get out of prison.Incorrect
C is the right answer.
Explanation
The scheme is bought under the Ministry of Home Affairs (MHA)
the scheme will enable underprivileged prisoners, the majority of whom belong to socially disadvantaged or marginalized groups with lower education and income levels, to get out of prison. -
Question 5 of 5
5. Question
2 pointsWhich of the following statements is false?
Correct
D is the right answer.
Explanation
Developing public infrastructure, such as genomic databases, is required for India’s biotechnology sector to grow and attract more valuable enterprises and start-ups.Incorrect
D is the right answer.
Explanation
Developing public infrastructure, such as genomic databases, is required for India’s biotechnology sector to grow and attract more valuable enterprises and start-ups.
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