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Puucho CURRENT AFFAIRS QUIZ 2022
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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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Question 1 of 5
1 points
Consider the following statements regarding the recently lunched Indo-Pacific Economic Framework for Prosperity (IPEF).
- IPEF is a new economic initiative led by United States.
- The grouping includes all the members of Association of South East Asian Nations (ASEAN).
- IPEF is a free trade agreement, where countries have agreed to reduce tariffs and increase market access.
Which of the above statements is/are correct?
CorrectSolution: b)
India signalled its readiness to join a new economic initiative (Indo-Pacific Economic Framework for Prosperity (IPEF)) led by the United States for the region.
The grouping, which includes seven out of 10 members of the Association of South East Asian Nations (ASEAN), all four Quad countries, and New Zealand, represents about 40% of global GDP.
The IPEF would not be a “free trade agreement”, nor are countries expected to discuss reducing tariffs or increasing market access. In that sense, the IPEF would not seek to replace the 11-nation CPTPP (Trans-Pacific Partnership) that the U.S. quit in 2017, or the RCEP, which China, and all of the other IPEF countries (minus the U.S.) are a part of. Three ASEAN countries considered closer to China — Myanmar, Cambodia and Laos — are not members of the IPEF.
IncorrectSolution: b)
India signalled its readiness to join a new economic initiative (Indo-Pacific Economic Framework for Prosperity (IPEF)) led by the United States for the region.
The grouping, which includes seven out of 10 members of the Association of South East Asian Nations (ASEAN), all four Quad countries, and New Zealand, represents about 40% of global GDP.
The IPEF would not be a “free trade agreement”, nor are countries expected to discuss reducing tariffs or increasing market access. In that sense, the IPEF would not seek to replace the 11-nation CPTPP (Trans-Pacific Partnership) that the U.S. quit in 2017, or the RCEP, which China, and all of the other IPEF countries (minus the U.S.) are a part of. Three ASEAN countries considered closer to China — Myanmar, Cambodia and Laos — are not members of the IPEF.
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Question 2 of 5
1 points
Consider the following statements.
- The policy of strategic ambiguity is the practice by a government of being intentionally ambiguous on certain aspects of its foreign policy.
- The United States has long followed a policy of “strategic ambiguity” on whether it would intervene militarily to protect Taiwan in the event of a Chinese attack.
- United States is required by law to provide Taiwan with the means to defend itself in the event of a Chinese attack.
Which of the above statements is/are correct?
CorrectSolution: d)
Washington is required by law to provide self-ruled Taiwan with the means to defend itself, it has long followed a policy of “strategic ambiguity” on whether it would intervene militarily to protect it in the event of a Chinese attack.
A policy of deliberate ambiguity (also known as a policy of strategic ambiguity) is the practice by a government of being intentionally ambiguous on certain aspects of its foreign policy.
IncorrectSolution: d)
Washington is required by law to provide self-ruled Taiwan with the means to defend itself, it has long followed a policy of “strategic ambiguity” on whether it would intervene militarily to protect it in the event of a Chinese attack.
A policy of deliberate ambiguity (also known as a policy of strategic ambiguity) is the practice by a government of being intentionally ambiguous on certain aspects of its foreign policy.
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Question 3 of 5
1 points
The “world of work” report, recently seen in news is released by
CorrectSolution: c)
The “world of work” is being buffeted by multiple crises, says the ninth edition of the International Labour Organisation (ILO) Monitor. The report says that after significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022, to 3.8% below the employment situation before the pandemic. About 11.2 crore jobs might have lost between this period, according to the report.
IncorrectSolution: c)
The “world of work” is being buffeted by multiple crises, says the ninth edition of the International Labour Organisation (ILO) Monitor. The report says that after significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022, to 3.8% below the employment situation before the pandemic. About 11.2 crore jobs might have lost between this period, according to the report.
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Question 4 of 5
1 points
Consider the following statements.
- Fundamental Rights and Fundamental duties are correlative and inseparable.
- Fundamental rights universally apply to all citizens irrespective of race, place of birth, religion, caste or gender.
- The original constitution did not contain fundamental duties and fundamental rights, and both were added based on the recommendation of Swaran Singh Committee.
Which of the above statements is/are correct?
CorrectSolution: a)
Fundamental Rights and Fundamental duties are correlative and inseparable. Also, the original constitution contained only the fundamental rights and not the fundamental duties.
The fundamental duties of citizens were added in the Constitution later in 1976 on the recommendation of Swaran Singh Committee. In 2002, one more Fundamental Duty was added.
Although both, Fundamental Rights and Fundamental Duties, are inseparable, there are certain differences between them.
IncorrectSolution: a)
Fundamental Rights and Fundamental duties are correlative and inseparable. Also, the original constitution contained only the fundamental rights and not the fundamental duties.
The fundamental duties of citizens were added in the Constitution later in 1976 on the recommendation of Swaran Singh Committee. In 2002, one more Fundamental Duty was added.
Although both, Fundamental Rights and Fundamental Duties, are inseparable, there are certain differences between them.
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Question 5 of 5
1 points
Which of the following can lead to weakening of Indian rupee?
- Widening trade deficit
- Foreign investors pulling out funds from Indian stock market
- Rapid increase of crude oil prices in the global market.
Select the correct answer code:
CorrectSolution: d)
Thanks to the rapid jump of crude oil in the global market, and strengthening of the US dollar, the rupee is on a downward spiral.
IncorrectSolution: d)
Thanks to the rapid jump of crude oil in the global market, and strengthening of the US dollar, the rupee is on a downward spiral.
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