Current Affairs Questions
World Watch:
India-Australia Critical Minerals Investment Partnership
Consider the following statements:
- Recently, India and Australia have taken significant steps towards developing critical minerals supply chains between the two countries under the India-Australia Critical Minerals Investment Partnership.
- The partnership aims to invest in three lithium projects in Australia to help meet India's growing demand for electric vehicles and lower carbon emissions.
- The partnership also plans to invest in three cobalt projects in Australia to secure the critical mineral supply for India's manufacturing industry.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
India-Bangladesh Friendship Pipeline
Consider the following statements:
- On 18th March, 2023, the Prime Ministers of India and Bangladesh inaugurated the India-Bangladesh Friendship Pipeline.
- It is a cross-border pipeline that has the capacity to supply one million metric tonnes of diesel per year from Assam's Numaligarh refinery to northern parts of Bangladesh.
- The 131.57 km. pipeline runs from Siliguri in India to Parbatipur in Bangladesh, facilitating the transportation of petroleum products from India to Bangladesh.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
Global Minimum Tax
Consider the following statements:
- On 15th December, 2022, the European Union (EU) adopted a plan for a global minimum 15 percent tax on multinational businesses.
- Global Minimum Tax, a landmark agreement between nearly 140 countries, establishes a system under which a company from a specific country will pay at least a certain percentage of its profits in taxes, regardless of where in the world those profits are being earned.
- Major economies are aiming to discourage multinationals from shifting profits - and tax revenues - to low-tax countries regardless of where their sales are made.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
SAARC Currency Swap Framework
Consider the following statements:
- The SAARC currency swap facility came into operation on 15th November, 2012.
- Under the agreement, RBI can offer a swap arrangement within the overall corpus of USD 2 billion.
- The framework does not provide any concession for swap drawals in Indian rupee.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
Law Commission Of India
Consider the following statements with referenceto the Law Commission of India:
- It is an executive body, constituted by a notification of the Government of India, with definite terms of reference to carry out research in the field of law.
- It works as an advisory body to the Ministry of Law and Justice.
- The first Law Commission of independent India was established in 1965.
Which of the statement(s) given above is/are incorrect?
A
Only 1
B
2 and 3
C
Only 3
D
None of the above
India-Australia Economic Cooperation And Trade Agreement
Consider the following statements:
- Recently, the Australian Parliament ratified the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA).
- The India-Australia ECTA is the first trade agreement of India with a developed country in more than a decade.
- As per the agreement, India will do away with Customs duties on 20 percent of products immediately and on 70.3 percent of tariff lines over a period of 10 years.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
Indo-Pacific Regional Dialogue 2022 (IPRD)
Consider the following statements:
- Recently, the fourth edition of the Indo-Pacific Regional Dialogue 2022 (IPRD), the annual apex-level regional strategic dialogue of the Indian Navy, was held in New Delhi.
- Based on the overarching theme of “Operationalising the Indo-Pacific Oceans Initiative” (IPOI), the IPRD 2022 explored sub-themes that could provide a greater degree of specificity and traction to the seven ‘pillars’ or ‘spokes’ of the IPOI.
- IPRD-2022 was organised by the National Maritime Foundation (NMF), New Delhi, as the Indian Navy’s knowledge partner.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
Association Of Southeast Asian Nations
Consider the following statements:
- The Association of Southeast Asian Nations, or ASEAN, was established on 8th August, 1985, in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
- It is a ten-nation regional organization which was established to promote political and social stability amid rising tensions among the Asia-Pacific’s post-colonial states.
- The Member States are: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
CICA
Consider the following statements:
- Conference on Interaction and Confidence Building Measures iXn Asia (CICA) is an intergovernmental forum aimed at strengthening regional cooperation and ensuring peace, security, and stability in Asia.
- To be a member of CICA, a state need not have its territory in Asia.
- India co-chairs two CICA CBMs (Confidence Building Measures) on ‘Development of Secure and Effective Systems of Transportation Corridors,’ and ‘Energy Security’.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
India-Africa Defence Dialogue (IADD)
Consider the following statements:
- On 18th October, 2022, the second India-Africa Defence Dialogue (IADD) was held on the sidelines of DefExpo 2022 in Gandhinagar, Gujarat.
- The theme of the dialogue was ‘Adopting Strategy for Synergizing and Strengthening Defence and Security Cooperation’.
- The first-ever India-Africa Defence Dialogue (IADD) was held in Lucknow, Uttar Pradesh in conjunction with DefExpo in 2015.
Which of the above statement(s) is/are true?
A
1 and 2
B
2 and 3
C
1 and 3
D
All of the above
India-Australia Critical Minerals Investment Partnership
Consider the following statements:
- Recently, India and Australia have taken significant steps towards developing critical minerals supply chains between the two countries under the India-Australia Critical Minerals Investment Partnership.
- The partnership aims to invest in three lithium projects in Australia to help meet India's growing demand for electric vehicles and lower carbon emissions.
- The partnership also plans to invest in three cobalt projects in Australia to secure the critical mineral supply for India's manufacturing industry.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
India-Bangladesh Friendship Pipeline
Consider the following statements:
- On 18th March, 2023, the Prime Ministers of India and Bangladesh inaugurated the India-Bangladesh Friendship Pipeline.
- It is a cross-border pipeline that has the capacity to supply one million metric tonnes of diesel per year from Assam's Numaligarh refinery to northern parts of Bangladesh.
- The 131.57 km. pipeline runs from Siliguri in India to Parbatipur in Bangladesh, facilitating the transportation of petroleum products from India to Bangladesh.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
Global Minimum Tax
Consider the following statements:
- On 15th December, 2022, the European Union (EU) adopted a plan for a global minimum 15 percent tax on multinational businesses.
- Global Minimum Tax, a landmark agreement between nearly 140 countries, establishes a system under which a company from a specific country will pay at least a certain percentage of its profits in taxes, regardless of where in the world those profits are being earned.
- Major economies are aiming to discourage multinationals from shifting profits - and tax revenues - to low-tax countries regardless of where their sales are made.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
SAARC Currency Swap Framework
Consider the following statements:
- The SAARC currency swap facility came into operation on 15th November, 2012.
- Under the agreement, RBI can offer a swap arrangement within the overall corpus of USD 2 billion.
- The framework does not provide any concession for swap drawals in Indian rupee.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
Law Commission Of India
Consider the following statements with referenceto the Law Commission of India:
- It is an executive body, constituted by a notification of the Government of India, with definite terms of reference to carry out research in the field of law.
- It works as an advisory body to the Ministry of Law and Justice.
- The first Law Commission of independent India was established in 1965.
Which of the statement(s) given above is/are incorrect?
| A |
Only 1
|
|
| B |
2 and 3
|
|
| C |
Only 3
|
|
| D |
None of the above
|
|
India-Australia Economic Cooperation And Trade Agreement
Consider the following statements:
- Recently, the Australian Parliament ratified the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA).
- The India-Australia ECTA is the first trade agreement of India with a developed country in more than a decade.
- As per the agreement, India will do away with Customs duties on 20 percent of products immediately and on 70.3 percent of tariff lines over a period of 10 years.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
Indo-Pacific Regional Dialogue 2022 (IPRD)
Consider the following statements:
- Recently, the fourth edition of the Indo-Pacific Regional Dialogue 2022 (IPRD), the annual apex-level regional strategic dialogue of the Indian Navy, was held in New Delhi.
- Based on the overarching theme of “Operationalising the Indo-Pacific Oceans Initiative” (IPOI), the IPRD 2022 explored sub-themes that could provide a greater degree of specificity and traction to the seven ‘pillars’ or ‘spokes’ of the IPOI.
- IPRD-2022 was organised by the National Maritime Foundation (NMF), New Delhi, as the Indian Navy’s knowledge partner.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
Association Of Southeast Asian Nations
Consider the following statements:
- The Association of Southeast Asian Nations, or ASEAN, was established on 8th August, 1985, in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand.
- It is a ten-nation regional organization which was established to promote political and social stability amid rising tensions among the Asia-Pacific’s post-colonial states.
- The Member States are: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
CICA
Consider the following statements:
- Conference on Interaction and Confidence Building Measures iXn Asia (CICA) is an intergovernmental forum aimed at strengthening regional cooperation and ensuring peace, security, and stability in Asia.
- To be a member of CICA, a state need not have its territory in Asia.
- India co-chairs two CICA CBMs (Confidence Building Measures) on ‘Development of Secure and Effective Systems of Transportation Corridors,’ and ‘Energy Security’.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
India-Africa Defence Dialogue (IADD)
Consider the following statements:
- On 18th October, 2022, the second India-Africa Defence Dialogue (IADD) was held on the sidelines of DefExpo 2022 in Gandhinagar, Gujarat.
- The theme of the dialogue was ‘Adopting Strategy for Synergizing and Strengthening Defence and Security Cooperation’.
- The first-ever India-Africa Defence Dialogue (IADD) was held in Lucknow, Uttar Pradesh in conjunction with DefExpo in 2015.
Which of the above statement(s) is/are true?
| A |
1 and 2
|
|
| B |
2 and 3
|
|
| C |
1 and 3
|
|
| D |
All of the above
|
|
