Daily UPSC Prelims Current Affairs – August 08, 2022 [Mock Test]

1. Which of the following countries are member countries of recently launched Indo-Pacific Economic Framework?

  1. Fiji
  2. Malaysia
  3. India
  4. Vietnam

Select the correct answer using the codes given below:

[A] Only 3
[B] Only 2 & 3
[C] Only 2, 3 & 4
[D] 1, 2, 3 & 4

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2. Consider the following statements on Indo-Pacific Economic Framework (IPEF) and Regional Comprehensive Economic Partnership (RCEP):

  1. Both RCEP and IPEF are free trade agreement.
  2. IPEF will not pursue tariff liberalisation.
  3. Advance labour and environment standards are not part of the RCEP.

Which of the statements given above is/are correct?

[A] Only 2
[B] Only 1 & 3
[C] Only 2 & 3
[D] Only 3

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3. With respect to the Oxfam report, consider the following statements:

  1. Covid pandemic has created a new billionaire every 30 hours.
  2. It called for a one-off “solidarity tax”.
  3. It called for an annual wealth tax on millionaires of two percent, and five percent for billionaires.

Which of the statements given above are correct?

[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3

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The above questions are part of Daily Current Affairs Test under UPSC Prelims Test Series - 2023 in GKToday Android Application. This series can be subscribed in the app only. Download Now

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