15 October 2018 | Prelims Daily with Previous Year Questions

Q.1) Consider the following statements about World Future Council (WFC):

  1. The WFC is a regular body of the United Nations based in Hamburg, Germany.
  2. It includes members active in governmental bodies, civil society, business, science and the arts.
  3. Its primary focus has been climate security, promoting laws such as the renewable energy Feed-in tariff.

Which of the given statements is/are correct?

a) All are correct

b) 1 and 2

c) 2 and 3

d) Only 3

Inspired by: Sikkim’s 100% organic farming wins FAO’s Future Policy Gold Award

https://www.civilsdaily.com/news/sikkims-100-organic-farming-wins-faos-future-policy-gold-award/

Q.2) With reference to the IMF Quotas consider the following statements:

  1. Quotas determine maximum amount of financial resources a member is obliged to provide to the IMF.
  2. They determine the voting powers of member in IMF.
  3. It also determines the members share in Special Drawing Rights.

Which of the given statements is/are correct?

a) All of the above

b) 1 and 2

c) 2 and 3

d) Only 3

Inspired by: India urges IMF to introduce quota reforms

https://www.civilsdaily.com/news/india-urges-imf-to-introduce-quota-reforms/

Q.3) With reference to the Global Financial Safety Net (GFSN) under the IMF, which of the given statements is/are correct?

  1. The GFSN seeks to provide countries with insurance against crises, financing when shocks hit, and incentives for sound macroeconomic policies.
  2. It is comprised mainly of countries’ own reserves and external public sources of insurance and financing.

Select the correct codes:

a) Both 1 and 2

b) Only 1

c) Only 2

d) Neither 1 nor 2

Inspired by: India urges IMF to introduce quota reforms

https://www.civilsdaily.com/news/india-urges-imf-to-introduce-quota-reforms/

Q.4) The Future Policy Award is accorded originally by:

a) FAO

b) World Future’s Council

c) United Nations Office for Disarmament Affairs

d) Inter-Parliamentary Union

Inspired by: Sikkim’s 100% organic farming wins FAO’s Future Policy Gold Award

https://www.civilsdaily.com/news/sikkims-100-organic-farming-wins-faos-future-policy-gold-award/

Q.5) With reference to the Chandra X-Ray Observatory of NASA, which of the given statements is incorrect:

a) It is one of the initiatives of the Great Observatories series of NASA.

b) It is named after Chandrasekar Venkat Raman.

c) It is a telescope specially designed to detect X-ray emission from very hot regions of the Universe such as exploded stars, clusters of galaxies etc.

d) It takes 64Hrs to complete its orbit around the Earth.

Inspired by: NASA Chandra X-ray Observatory space telescope shuts down in orbit

Indian Express

 

 

 

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