Economic and Social Development | World Bank, WTO, BRICS
Economic and Social Development | World Bank, WTO, BRICS
1. Who coined the term 'BRIC' in 2001?
Jim O'Neil
Barack Obama
John Kennedy
Vladimir Putin
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2. The British scholar Jim O'Neil who coined the term 'BRICS' is related to which of the following subjects?
Psychology
Sociology
Political Science
Economics
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3. In which year 'BRIC' grouping was formed as 'BRICS'?
2010
2015
2009
2012
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4. The first ever summit meeting of 'BRICS countries' took place at
Brazil
India
Russia
China
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5. Which one of the following is not a member of 'BRICS'?
India
China
Saudi Arabia
Brazil
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6. Which one of the following countries was introduced in 'BRICS' in the last?
India
China
South Africa
Brazil
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7. How many countries are members of World Bank?
189
181
164
193
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8. In which year was the World Bank formed?
1945
1956
1960
1998
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9. Which of the following is also known as International Bank for Reconstruction and Development?
Asian Development Bank
World Bank
International Monetary Fund
Reserve Bank of India
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10. The new World Trade Organisation (WTO), which replaced the GATT came into effect from
1st January, 1991
1st January, 1995
1st April, 1994
1st May, 1995
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11. The earlier name of WTO was
UNCTAD
GATT
UNIDO
OECD
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12. The headquarters of World Trade Organisation is at
Doha
Geneva
Rome
New York
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13. The central issue in Doha Round of talks of World Trade Organisation was
Issue related to agriculture
Export from developing countries
Trade in service
Intellectual property right related to trade
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14. International Development Association (IDA) is managed by
World Bank
International Monetary Fund
UNO
U.S. Federal Bank
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15. The International Development Association, a lending agency, is administered by the
International Bank of Reconstruction and Development
International Fund for Agricultural Development
United Nations Development Programme
United Nations Industrial Development Organisation
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16. One of the important agreements reached in the 1996 Ministerial conference of WTO refers to
Commerce in Information Technology
Multilateral Agreement on Investment
Multi Fibre Agreement
Exchange of Technical Personnel
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17. How is the United Nations Monetary and Financial Conference wherein the agreements were signed to setup IBRD, GATT and IMF, commonly known?
Bandung Conference
Bretton Woods Conference
Versailles Conference
Valta Conference
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18. On the basis of size and composition of external debt, World Bank has classified India as
A moderately indebted country
A less indebted country
A heavily indebted country
A critically indebted country
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19. Which of the following 'BRICS' nation has highest per capita income?
China
India
South Africa
Russian Federation
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20. Which one of the following countries is not a member of WTO?
Slovenia
Serbia
Slovakia
Columbia
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21. A group formed by India, Brazil, China and other developing countries for future negotiations at WTO is known as
G-77
G-55
G-33
G-11
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22. TRIMS stands for
Trade-Related Income Measures
Trade-Related Incentives Measures
Trade-Related Investment Measures
Trade-Related Innovative Measures
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23. India enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
ILO
IMF
UNCTAD
WTO
