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UPSC > World Economy

Explore popular questions from World Economy for UPSC. This collection covers World Economy previous year UPSC questions hand picked by experienced teachers.

Q 1.

Correct2

Incorrect-0.667

India International Exchange (INX) is located at

Gandhinagar

B

Mumbai

C

Chennai

D

Pune

Explanation

Gandhinagar: Prime Minister Narendra Modi inaugurated the India International Exchange (INX) located at the International Financial Services Centre (IFSC), GIFT City (in Gandhinagar).

Q 2.

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Incorrect-0.667

Which of the following are not microeconomic indicators?
1. Forex 2. Unemployment Rate
3. GDP 4. Inflation rate
5. Price Indices

A

2,4

B

1, 2, 3

C

3, 5

All of the above

Q 3.

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Anthony Lake, best known as Tony Lake is the executive director of _______.

United Nations Children's Fund (UNICEF)

B

International Labour Organisation

C

International Atomic Energy Agency

D

Food and Agriculture Organisation

Q 4.

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Who is the current Director General of UNESCO?

A

Ertharin Cousin

Irina Bokova

C

Michel Jarraud

D

None of the above

Q 5.

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Who was elected as Director General of World Health Organisation?

Margaret Chan

B

Taleb Rifai

C

Yayi Boni

D

Muhamad Noor

Q 6.

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Ahmed Saleem is ________ South Asian Association for Regional Cooperation (SAARC)

A

Director General

B

Executive Director

C

Chairperson

Secretary General

Q 7.

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Pascal Lamy, director general of World Trade Organisation is from which country?

A

Maldives

B

Egypt

France

D

Jordan

Q 8.

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Who is heading International Monetary Fund as Managing director?

A

Ahmad Mohamed Ali

B

Takehiko Nakao

Christine Lagarde

D

Donald Kaberuka

Q 9.

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Which council is made up of 5 permanent members?

Trusteeship Council

B

Security Council

C

General Assembly

D

Economic and Social Council

Q 10.

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Which country is not a member of Trusteeship Council?

A

China

B

France

C

United Kingdom

India

Q 11.

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What is the number of members in Economic and Social Council?

54

B

55

C

53

D

52

Q 12.

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Incorrect-0.667

What is term period of members elected for Economic and Social Council?

A

2 Years

3 Years

C

4 Years

D

5 Years

Q 13.

Correct2

Incorrect-0.667

When was World Bank set up?

1944

B

1945

C

1947

D

1948

Explanation

1944. The World Bank is an international financial institution that provides loans to countries of the world for capital programs.

Q 14.

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Where is the head quarter of World Bank?

A

Rome, Italy

B

Vienna, Austria

Washington, U.S

D

Geneva, Switzerland

Explanation

Washington. US.

Q 15.

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Incorrect-0.667

In International Monetary Fund was set up

1944

B

1946

C

1977

D

1988

Explanation

1944

Q 16.

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International Labour Organisation is in

A

London, UK

B

Rome, Italy

Geneva, Switzerland

D

None of the above

Explanation

Geneva. Switzerland.

Q 17.

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Who heads the United Nations Secretariat?

A

Executive Secretary

B

Executive Directive

C

Director General

Secretary-General

Explanation

Secretary General.

Q 18.

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Originally ________ and ________ were established as working languages at the UN.

A

French, Spanish

English, French

C

English, Spanish

D

Spanish, Russian

Explanation

English. French

Q 19.

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The United Nations is an international organization of how many members?

A

192

193

C

194

D

195

Explanation

193

Q 20.

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Which of the following is not a UN Organization?

A

UNESCO

B

Food and Agriculture Organization

North Atlantic Treaty Organization (NATO)

D

World Food Programme

Explanation

NATO. The North Atlantic Treaty Organization also called the North Atlantic Alliance is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949.

Q 21.

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What does EAEU stand for?

A

European Energy Union

B

European Economic Union

Eurasian Economic Union

D

Eurasian Energy Union

Explanation

Eurasian Economic Union. Shanghai Cooperation Organization has set to showcase alignment between China and Russia through the integration of Beijing marshaled Silk Road Economic Belt and Moscow driven Eurasian Economic Union. SCO is a pan of the emerging Eurasia-centered Silk Road geopolitical architecture pillared by China and Russia, along with the Central Asian Republics.

Q 22.

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Following are the functions of UNDP, which of thc following is/are correct
(I) To eradicate poverty
(II) Crisis prevention and recovery
(III) Environment and Energy

I, II and III

B

I and II

C

II and III

D

Only II

Explanation

I, II and III

Q 23.

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Incorrect-0.667

Consider the following statements
(I) World Food Programme save lives and protect livelihoods in emergencies.
(II) Support food security and nutrition and (re)-build livelihoods in fragile settings
(III) Reduce risk and enable people, communities and countries to meet their own food and nutrition needs.
Which of the following is/are correct?

I, II and III

B

I and III

C

Only III

D

II and III

Explanation

All are correct. I, II and III

Q 24.

Correct2

Incorrect-0.667

India is set to pitch for a strong TFA in services at WTO. Consider the following statement regarding TFA.
(I) India pitched for a trade facilitation agreement in services at WTO and other bilateral FTAs. as the sector has massive potential and contributes to the economy of the country.
(II) This involves a free trade agreement negotiations including RCEP/Regional Comprehensive Economic Partnership and between EU.
Which of the following is/are correct?

A

Only I

B

Only II

Both I and II

D

None of the above

Explanation

Both I and II are correct

Q 25.

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Incorrect-0.667

Consider the following regarding 9th BRICS Summit.
(I) The 9th BRICS Summit's first Sherpa's Meeting took place in Nanjing. This is the capital of east China's Jiangsu Province. The theme of meeting was concentrated on BRICS: Stronger Partnership for a Brighter Future'. The 2-day meeting saw participation of more than 100 participants, including coordinators from all sides, foreign diplomats, and representatives from the BRICS New Development Bank (NDB).
(II) It covered priority areas of political affairs, economy and culture for BRICS cooperation, especially in the areas. The Sherpas Meeting is considered as a major channel to push forward BRICS cooperation. It aimed at political preparation for the leaders' meeting for the 9th BRICS Summit to be held in Xiamen. China.
Which of the following is/are correct?

A

Only I

B

Only II

Both I and II

D

None of the above

Explanation

Both I and II are Correct