Dec 31st, 2021 - Daily Quiz
1. With reference to Preferential Trade Agreements (PTA), consider the following statements:
1. In a PTA, the partners can reduce the tariffs on entry of certain products to a certain limit but not to completely zero.
2. India has signed a PTA with Afghanistan.
Which of the statements given above is/are correct?
(a) 2 only
(b) 1 only
(c) 1 & 2
(d) Neither 1 Nor 2
2. The Minsk II Peace Process is associated with
(a) Russia-Crimea dispute
(b) Belarus-Poland dispute
(c) Russia-Belarus dispute
(d) Russia-Ukraine dispute
3. Consider the following statements:
1. The Indian National Army was first formed under Mohan Singh and Japanese Major Iwaichi Fujiwara.
2. It included Indian prisoners of war from Singapore, Indian civilians and some Japanese soldiers.
Which of the above statements is/are correct?.
(a) 2 only
(b) 1 only
(c) 1 & 2
(d) Neither 1 Nor 2
4. Consider the following statements:
1. Inactivated Vaccines use a weakened (or attenuated) form of the germ that causes a disease.
2. They are used to protect diseases such as Hepatitis A, Flu ,Polio and Rabies.
Which of the above statements is/are correct?
(a) 2 only
(b) 1 only
(c) 1 & 2
(d) Neither 1 Nor 2
5.Consider the following statements:
1. It was built in the 13th century by King Narasimhadeva I.
2. It is a UNESCO world heritage site.
3. King Narasimhadeva I belonged to Eastern Ganga dynasty.
The above statements describe
(a) Konark Sun Temple
(b) Jagannath Temple
(c) Tara Tarini Temple
(d) Lingaraja Temple
Answers
1. (a)
(a)
PTAs or Generalized System of Preferences (GSP) is a special status given in trade by various countries. In this type of agreement, two or more partners give preferential right of entry to certain products by reducing duties on an agreed number of tariff lines.
Tariffs may even be reduced to zero for some products even in a PTA. India signed a PTA with Afghanistan.
2.(d)
https://indianexpress.com/article/explained/what-are-the-minsk-agreements-on-the-ukraine-conflict-7659646/
3.(b)
https://indianexpress.com/article/entertainment/bollywood/the-real-story-behind-shyam-benegal-bose-the-forgotten-hero-7624036/
4.(a)
https://indianexpress.com/article/explained/explained-valneva-vaccine-covid-19-effectively-7579891/
5.(a)
https://indianexpress.com/article/india/added-by-british-for-stability-sand-inside-sun-temple-may-be-cleared-7695485/
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