Current Affairs Questions

Intergovernmental Organizations, International Institutions, Agencies & Fora:

Global Findex Database

Global Findex Database is brought by?

A
IMF
B
UNCTAD
C
World Bank
D
WTO

Source: CSC May 2019

With reference to Financial Action Task Force (FATF) consider the following statements:

  1. It is a policy-making body that frames guidelines to combat money laundering and terrorist financing.
  2. India enjoys an ‘observer’ status at the FATF since 2006.
  3. The FATF lacks the power to directly enact its recommendations.

Which of the statements given above is/are correct?

A
1 and 2
B
2 and 3
C
1 and 3
D
1, 2 and 3

SWIFT

Recently a term SWIFT was in news. Which of the following is true about SWIFT?

A
It is a Belgium-based secure financial messaging service, which is used by banking and securities organizations all over the world, to transmit instructions, or information, on financial transactions
B
It is the name of new generation Space Launch Vehicle developed by NASA for its future space programme
C
It is the new Surface to Air Missile developed by DRDO, having the striking range of more than 5000 km.
D
It is a new Air Quality measuring application developed by IMD

Organisation Of Islamic Cooperation

Consider the following statements vis-à-vis the Organisation of Islamic Cooperation:

  1. It is the 2nd largest inter-governmental organization in the world after the UN.
  2. India, Russia and Thailand are not members but have an observer status.
  3. Iran is not the member of OIC

Choose the correct answer from the code given below:

A
1 only
B
1 and 3only
C
2 and 3
D
2 only

Organisation Of Islamic Cooperation

Consider the following statement vis-à-vis the Organisation of Islamic Cooperation:

  1. The OIC has been generally supportive of India’s stand on Kashmir.
  2. OIC has reserved its membership for Muslim-majority countries.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2

Financial Action Task Force (FATF)

Consider the following statements regarding FATF:

  1. It is established under the United Nation Security Council.
  2. Iran & South Korea are listed under the FATF blacklist.
  3. FATF uses the technique of name-and-shame which affects the investor sentiments to that economy.

Choose the correct answer from the code given below:

A
1 only
B
2 and 3 only
C
1, 2 and 3
D
3 only

40+9 Recommendations

40+9 Recommendations are related to which agency/ organization?

A
UNSC
B
WTO
C
FATF
D
World Bank

UNSC 1267 Resolution

UNSC 1267 Resolution sometimes seen in the news is related to?

A
Yemen Crisis
B
Taliban Peace Process
C
Iranian Revolution
D
Declaring a person an International Terrorist

Financial Action Task Force (FATF)

Consider the following statements about the Financial Action Task Force (FATF):

  1. It works under the aegis of United Nations.
  2. It looks into the matters of money laundering only.
  3. It’s headquarter is housed at the UNGA secretariat.

Choose the correct answer from the code given below:

A
2 only
B
3 only
C
2 and 3 only
D
None

Most Favored Nation Status (MFN)

The concept of MFN is common to which of the following agreements?

  1. Nagoya Protocol
  2. GATT
  3. GATS
  4. TRIPS.

Choose the correct answer from the code given below:

A
1 and 2 only
B
, 2, 3 only
C
1, 2, 3 and 4
D
2, 3, 4 only
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