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UPSC

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

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Geography

Indian Polity and Governance

Economic and Social Development

Ecology, Biodiversity and Climate Change

Mental Ability and Management Ability

General Knowledge

General Science

Current Affairs

History

World Economy

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Q 1. 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).

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Q 2. 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

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Q 3. Which council is made up of 5 permanent members?

Trusteeship Council

B

Security Council

C

General Assembly

D

Economic and Social Council

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Q 4. Which country is not a member of Trusteeship Council?

A

China

B

France

C

United Kingdom

India

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Q 5. What is the number of members in Economic and Social Council?

54

B

55

C

53

D

52

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Q 6. What is term period of members elected for Economic and Social Council?

A

2 Years

3 Years

C

4 Years

D

5 Years

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Q 7. 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.

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Q 8. Where is the head quarter of World Bank?

A

Rome, Italy

B

Vienna, Austria

Washington, U.S

D

Geneva, Switzerland

Explanation

Washington. US.

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Q 9. In International Monetary Fund was set up

1944

B

1946

C

1977

D

1988

Explanation

1944

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Q 10. International Labour Organisation is in

A

London, UK

B

Rome, Italy

Geneva, Switzerland

D

None of the above

Explanation

Geneva. Switzerland.

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Q 11. Who heads the United Nations Secretariat?

A

Executive Secretary

B

Executive Directive

C

Director General

Secretary-General

Explanation

Secretary General.

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Q 12. Originally ________ and ________ were established as working languages at the UN.

A

French, Spanish

English, French

C

English, Spanish

D

Spanish, Russian

Explanation

English. French

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Q 13. The United Nations is an international organization of how many members?

A

192

193

C

194

D

195

Explanation

193

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Q 14. 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.

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Q 15. The World Food Programme was established in the year 1961 with the Headquarter located at:

A

Geneva, Switzerland

Rome, Italy

C

Washington, US

D

London, United Kingdom

Explanation

Rome, Italy

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Q 16. Agency of United Nations which deals with international labor standards and providing social protection and working opportunities is

A

International Corporation of Law

B

International Law Organization

C

International Workforce Recruiters

International Labor Organization

Explanation

International Labor Organization

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Q 17. International Labor Organization received Nobel Peace Prize in

A

1965

1969

C

1959

D

1949

Explanation

1969. The International Labour Organization (ILO) is a United Nations agency dealing with labour problems.

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Q 18. The Headquarter of Food and Agricultural Organization of the United Nations (FAO) is situated at which of the following place

A

Washington, US

B

Geneva, Switzerland

C

Madrid, Spain

Rome, Italy

Explanation

Rome, Italy. The Food and Agriculture Organization of the United Nations is an agency of the United Nations that leads international efforts to defeat hunger. Serving both developed and developing countries, FAO acts as a neutral forum where all tuitions meet as equals to negotiate agreements and debate policy.

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Q 19. What is the full form of the given acronym IMF?

International Monetary Fund

B

International Money Fund

C

International Monetary Federation

D

International Monetary Foundation

Explanation

IMF stands for, International Monetary Fund

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Q 20. Which country in the world consumes the most electricity?

A

India

B

United Kingdom

C

Russia

USA

Explanation

USA

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Q 21. Which country is the most competitive in the world (as reported by the world Economic Forum)?

A

Russia

B

Japan

USA

D

Spain

Explanation

USA

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Q 22. Who is the Cisco MD of sales for India and SAARC who has resigned after 7 years with the organization?

A

Purushottam Das

B

Purushottam Bhatia

Purushottam Kaushik

D

None of the above

Explanation

Purushottam Kaushik. CISCO MD of sales for India and SAARC region, Purushottam Kaushik resigned from the networking major after having worked there for 7 years. He also created and managed USD 2 billion businesses centered on smart cities, IoT, public safety and surveillance and Digital India initiatives.

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Q 23. Who is the 7th member to join SASEC in April 2017?

A

Bhutan

Myanmar

C

Bangladesh

D

Sri Lanka

Explanation

Myanmar. Myanmar became the 7th member of the South Asia Sub-regional Economic Cooperation (SASEC) program of the Asian Development Bank (ADB). It was officially made a member at the SASEC Finance Ministers' meeting held in New Delhi. Myanmar's membership in SASEC will offer a host of opportunities for realizing synergies from economic cooperation in the sub-region. Road corridors in Myanmar can provide a key gateway between South Asia and Southeast Asia, while its ports can provide alternate routes and gateways to the landlocked northeastern region of India.

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Q 24. 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.

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Q 25. In G20 summit, for which of the following item higher taxes were sought?

A

Alcohol

B

Tobacco

Sugar

D

Chocolates

Explanation

Sugar. International Diabetes Federation urged global leaders to discourage sweet beverages and sugar with a tax and combat epidemics of diabetes and obesity. France. Chile and Mexico have experienced with such taxes. National Institute of Nutrition. Hyderabad recommends sugar consumption of 20 gram/day for both men and women doing sedentary work, 30/day for men and women doing moderate work while 55/day for men and 45/day for women doing heavy work.