11. Which institution announced that it favoured adoption of Global minimum tax on corporate profits?
[A] World Bank
[B] IMF
[C] ADB
[D] UNDESA
Show Answer
Correct Answer: B [IMF]
Notes:
The Chief Economist of the International Monetary Fund Gita Gopinath announced that the IMF has favoured adoption of a global minimum tax on corporate profits.
She also highlighted that tax avoidance is a troubling issue for the global economy. The disparities in national corporate tax rates has resulted in significant tax shifting and tax avoidance, which again results in reduced social welfare spending.
12. In which state, the Assembly Committee has revealed that three out of every 1,000 pregnant women test positive for HIV?
[A] Uttar Pradesh
[B] Bihar
[C] Meghalaya
[D] Mizoram
Show Answer
Correct Answer: C [Meghalaya]
Notes:
Meghalaya’s Assembly Committee on Women Empowerment has said that three out of every 1,000 pregnant women test positive for human immunodeficiency virus (HIV).
The panel headed by Ampareen Lyngdoh has also sought a scheme to rehabilitate commercial sex workers in the state. The increase in HIV cases observed in the state is increasing at an alarming rate.
13. Which two organisations are planning to launch a platform for advising poor countries on climate changing funding?
[A] RBI and SEBI
[B] ADB and AIIB
[C] World Bank and IMF
[D] NDB and ADB
Show Answer
Correct Answer: C [World Bank and IMF]
Notes:
The World Bank and the International Monetary Fund (IMF) have planned to launch a dedicated platform that would advise the poor nations on funding their climate and conservation activities.
It is proposed that the platform would consist of UN officials, non-governmental organisations, private investors and rating agencies, to aid and advise the funding activities.
14. What is the name of the book written by ‘Utkal Keshari’ Dr Harekrushna Mahtab, whose Hindi translation was launched by the Prime Minister?
[A] Odisha Itihaas
[B] Bharat Samrat
[C] Mission India
[D] Ignited Minds
Show Answer
Correct Answer: A [Odisha Itihaas]
Notes:
Prime Minister Shri Narendra Modi has recently released the Hindi translation of the book ‘Odisha Itihaas’, which was authored by ‘Utkal Keshari’ Dr Harekrushna Mahtab.
Dr Harekrushna Mahtab was a leader of Indian National Congress and had played a vital role in the freedom struggle. He had served as the CM of Odisha from 1946 to 1950 and 1956 to 1961.
15. As per the IMF’s recent statement, what is India’s debt to GDP ratio during the Covid-19 pandemic?
[A] 60 per cent
[B] 75 percent
[C] 90 percent
[D] 105 per cent
Show Answer
Correct Answer: C [90 percent]
Notes:
As per the Fiscal Affairs Department of the Internatioanl Monetary Fund, India’s debt to GDP ratio increased from 74 per cent to 90 per cent during the COVID-19 pandemic.
IMF also expects that the ratiop would drop down to 80 per cent as a result of the country’s economic recovery.
16. Which Municipal Corporation of India issued the first ‘Green Bonds’ in the country?
[A] New Delhi
[B] Greater Noida
[C] Ghaziabad
[D] Ahmedabad
Show Answer
Correct Answer: C [Ghaziabad]
Notes:
The Green bonds issued by Ghaziabad Municipal Corporation was the first of the kind in India. Ghaziabad Municipal Corporation raised a sum of Rs.150 crores through green bond route
The proceeds of the bond were being used for creating tertiary water treatment infrastructure in the city. These bonds have been listed in BSE recently.
17. Which institution is set to launch a hand book for Online Dispute Resolution (ODR)?
[A] SEBI
[B] RBI
[C] NITI Aayog
[D] IRDAI
Show Answer
Correct Answer: C [NITI Aayog]
Notes:
Indian Government’s think tank – NITI Aayog has planned to launch a hand book for Online Dispute Resolution (ODR). This book would serve as an invitation to business leaders to adopt ODR in India.
The book would be published in association with organizations like Agami and Omidyar Network India, ICICI Bank, Ashoka Innovators for the Public etc.
18. What is the name of the farthest gamma-ray emitting galaxy that has been discovered recently?
[A] Narrow-Line Seyfert 1
[B] Andromeda
[C] Sky Way
[D] Milk Line
Show Answer
Correct Answer: A [Narrow-Line Seyfert 1]
Notes:
Recently, space scientists have discovered a new active galaxy, which is considered to be the farthest gamma-ray emitting galaxy discovered so far.
This galaxy is named Narrow-Line Seyfert 1 (NLS1) galaxy, which is about 31 billion light-years away from earth. This has been described as a rare space entity.
19. “Central Asia” center for trade and economic cooperation is being constructed by which countries?
[A] Uzbekistan and Kazakhstan
[B] USA and India
[C] China and Japan
[D] USA and UK
Show Answer
Correct Answer: A [Uzbekistan and Kazakhstan]
Notes:
‘Central Asia’ is the name of an international center for trade and economic cooperation, being constructed by Uzbekistan and Kazakhstan at the borders of the two countries.
The center would have a capacity of accommodating 35,000 people and 5,000 trucks per day in both directions. It would serve as a large industrial, trade and logistics platform for both countries.
20. Which Pakistani Player has topped the ICC men’s ODI batting rankings, surpassing Virat Kohli?
[A] Babar Azam
[B] Hasan Ali
[C] Mohammad Amir
[D] Fakhar Zaman
Show Answer
Correct Answer: A [Babar Azam]
Notes:
Pakistani cricketer Babar Azam has topped the ICC men’s ODI batting rankings.
He has clinched the top spot after a huge gap by any one from the country since 2003. He has replaced Indian Skipper and Batsman Virat Kohli after he gained 13 points in the Pakistan South Africa series.