Notes: The UAE was formally established on 2 December 1971 by six emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Quwain and Fujairah. Ras al Khaimah did not join the federation at its founding; it acceded on 10 February 1972. Therefore, among the emirates listed, Ras al Khaimah alone was not a founding member.
2. Which of the following countries have a formal regulatory requirement for crypto mining?
Notes: Uzbekistan requires crypto miners to register with the competent agency; its rules specify that mining is subject to mandatory registration rather than licensing. Kazakhstan’s digital-assets law requires miners to hold a digital-mining licence and sets conditions for carrying out the activity. These distinct requirements establish formal regulatory regimes for mining in both countries. Egypt’s Central Bank states that the country’s banking law prohibits cryptocurrency-related activities. Therefore, statements 1 and 2 are correct.
3. Which of the following are United Nations specialized agencies?
United Nations Office for Project Services (UNOPS)
International Maritime Organization (IMO)
World Intellectual Property Organization (WIPO)
International Telecommunication Union (ITU)
Select the correct answer using the codes given below:
[A] Only 1, 2 & 3 [B] Only 2, 3 & 4 [C] Only 1, 2 & 4 [D] 1, 2, 3 & 4
Notes: UNOPS is a United Nations system entity classified as an “other entity,” not as a specialized agency. The International Maritime Organization is the UN specialized agency responsible for international shipping. The World Intellectual Property Organization and the International Telecommunication Union are also listed among the UN specialized agencies. Therefore, the correct combination is statements 2, 3 and 4.
4. Which of the following countries which are in news recently, is/are democratic republics:
Sri Lanka
Philippines
South Korea
Choose the correct answer using the codes given below:
Notes: Sri Lanka is a Democratic Republic and a Unitary State governed by a semi-presidential system combining presidential and parliamentary elements. The Philippines is a democratic republic with a presidential form of government. The Republic of Korea (South Korea) is a democratic republic with three branches of government: executive, legislative, and judicial.
5. Which country became the first in the world to grant Bitcoin legal-tender status in 2021?
[A] El Salvador [B] Central African Republic [C] South Africa [D] Mali
Notes: El Salvador became the first country to recognize Bitcoin as legal tender. Its Legislative Assembly enacted the Bitcoin Law in June 2021, and the law took effect on 7 September 2021, alongside the US dollar. This established El Salvador as the pioneering state in granting Bitcoin legal-tender status. The Central African Republic adopted Bitcoin as legal tender later, in 2022, so it was not the first country to do so.
