1. According to Transparency International, which state occupied the top slot in the ranking of best practices followed by states in Budget formulation?
A. Bihar
B. Punjab
C. Assam
D. Odisha
2. According to commerce and industry ministry, Foreign direct investment (FDI) into India has declined what per cent during April-September period of the current fiscal?
A. 8%
B. 9%
C. 10%
D. 11%
3. Road Transport and Highways Minister Nitin Gadkari laid the foundation stone for three highway projects worth over Rs. 2345 crore rupees in which state?
A. Mizoram
B. Madhya Pradesh
C. Tripura
4. Madhya Pradesh state government has made it mandatory for all industries to provide what percent of the jobs to locals?
A. 50%
B. 60%
C. 70%
D. 80%
5. Consider the following statements :
1. The index was released by the World Intellectual Property Organization (WIPO).
2. The index shows India jumping eight places in the ranking from 44th of 50 global economies in 2018 to 36th in 2019
3. Singapore got the highest ranking in the index.
Which of the statements given above is/are correct?
A. 1 and 2 are correct
B. 1 and 3 are correct
C. 2 and 3 are correct
D. All of the above
6. Consider the following statements :
1. The 5th India-Bangladesh Joint Consultative Committee Meeting held in New Delhi.
2. External Affairs Minister Sushma Swaraj and Foreign Affairs Minister of Bangladesh Dr. A. K. Abdul Momen co-chaired the meeting.
Which of the above statement/statements are correct?
A. Only 1
B. only 2
C. Both 1 and 2
D. Neither 1 nor 2.
7. Consider the following statements :
1. The United States of America has joined WIPO’s fast-growing Marrakesh Treaty as its 50th member.
2. India was the first country to ratify the Marrakesh Treaty
8. Consider the following statements :
1. Ivanka Trump launches ‘Women’s Global Developement and Prosperity Initiative’
2. This initiative was initiated by the White House.
9. Which country makes Siamese fighting fish national aquatic animal?
A. Thailand
B. Malaysia
C. Bhutan
D. UAE
10. Consider the following statements :
1. India jumps 8 places to 36th on international IP index 2019
2. The US tops the list followed by the United Kingdom.
ANSWERS:
Answer: 1) C
Explanation
Assam occupied the top slot in the ranking of best practices followed by states in Budget formulation, followed by Andhra Pradesh and Odisha, says a survey by Transparency International.
The survey is based on 4 parameters which include public disclosure, budgetary process, post budget fiscal management and efforts to make budget more transparent and citizen friendly. The states which figured lower in the ranking were Meghalaya, Manipur and Punjab. “Assam is the only state out of the 29 states and 2 UTs, which has published a Citizens Budget in the public domain. The Assam government is the only government that has conducted budget awareness campaigns across 17 districts,” Transparency International said in its report.
Answer: 2) C
Foreign direct investment (FDI) into India has declined 11 per cent to USD 22.66 billion during April-September period of the current fiscal, according to commerce and industry ministry data. The foreign fund inflows during April-September 2017-18 stood at USD 25.35 billion. Key sectors that received maximum foreign investment during the first six months of the fiscal include services (USD 4.91 billion), computer software and hardware (USD 2.54 billion), telecommunications (USD 2.17 billion), trading (USD 2.14 billion), chemicals (USD 1.6 billion), and automobile industry (USD 1.59 billion).
Singapore was the largest source of FDI during April-September 2018-19 with USD 8.62 billion inflow, followed by Mauritius (USD 3.88 billion), the Netherlands (USD 2.31 billion), Japan (USD 1.88 billion), the US (USD 970 million), and UK (USD 845 million). FDI had increased at a five-year low growth of 3 per cent at USD 44.85 billion in 2017-18. A decline in foreign inflows could put pressure on the country’s balance of payments and may also impact the value of the rupee.
Answer: 3) D
Road Transport and Highways Minister Nitin Gadkari laid the foundation stone for three highway projects worth over Rs. 2345 crore rupees. The projects including four-laning of the 41.7-km Talcher-Kamakhyanagar section of NH 200/23 (new NH 53) at a cost of Rs 795.18 crore. 51.1-km Kamakhyanagar-Duburi section of NH 200 (new NH 53 ) at a cost of Rs 761.11 crore and 39.4-km Duburi-Chandikhole section of NH 200 (new NH 53) at a cost of Rs 789.23 crore.
Answer: 4) C
Madhya Pradesh state government has made it mandatory for all industries to provide seventy percent of the jobs to locals.The government has decided to set up training sessions and employement fairs in each district to register unemployed youths. Youth will be first provided a stipend and later jobs under state’s 70 percent clause.
Answer: 5) D
India has climbed eight places to 36th position on the in the annual International Intellectual Property (IP) Index released by the which analyses the IP climate in 50 world economies. The seventh edition of the index shows India jumping eight places in the ranking from 44th of 50 global economies in 2018 to 36th in 2019.
India’s overall score has increased from 30.07% (12.03 out of 40) in the sixth edition to 36.04% (16.22 out of 45) in current edition. According to the index, ‘the improvement reflects important reforms implemented by Indian policymakers towards building and sustaining an innovation ecosystem for domestic entrepreneurs and foreign investors alike”. The problem identified are barriers to licensing and technology transfer, including strict registration norms, limited framework for the protection of biopharmaceutical IP rights, patentability ruless outside international standards, lengthy pre-grant opposition proceedings and previously used compulsory licensing for commercial and non-emergency situations as key hurdles . The index analyses the Intellectual Property climate in 50 global economies, this year. The US, the UK, Sweden, France and Germany remained the top five economies on the index. The index was released by the US Chamber of Commerce’s Global Innovation Policy Center (GIPC).
Answer: 6) C
The 5th India-Bangladesh Joint Consultative Committee Meeting held in New Delhi. External Affairs Minister Sushma Swaraj and Foreign Affairs Minister of Bangladesh Dr. A. K. Abdul Momen co-chaired the meeting. The last Joint Consultative Committee Meeting between the two countries was held in October 2017. It is the first high-level visit from Bangladesh since Prime Minister Sheikh Hasina’s victory in the parliamentary elections in December last year.
Answer: 7) C
The United States of America has joined WIPO’s fast-growing Marrakesh Treaty as its 50th member. According to the WIPO, it has added a major global publishing center to the Treaty that promotes the increased worldwide availability of texts specially adapted for use by persons with visual or print impairments.
Contracting parties to the “Marrakesh Treaty to Facilitate Access to Published Works for Persons Who Are Blind, Visually Impaired or Otherwise Print Disabled” adopt national law provisions that permit the production of books in accessible formats, such as braille, e-text, audio or large print, by organizations known as authorized entities that serve people who are print disabled. It also allows for the exchange of such accessible texts across national boundaries, all without requesting authorization from the copyright owner.
The Treaty was adopted on June 27, 2013, at a diplomatic conference organized by WIPO and hosted by the Kingdom of Morocco in Marrakesh. The treaty entered into force on September 30, 2016, three months after it gained the necessary 20 ratifications or accessions by WIPO members. India was the first country to ratify the Marrakesh Treaty to facilitate access to published works for persons who are blind, visually impaired, or otherwise print disabled on 30th June, 2014.
Answer: 8) C
Ivanka Trump, the daughter of the US president Donald Trump and a senior White House adviser, on February 7, 2019 unveiled a new global effort ‘Women’s Global Developement and Prosperity Initiative (W-GDP)’ to help 50 million women in the developing world by 2025. It is a US Government-wide project led by the senior adviser and daughter to President Donald Trump.
The initiative will involve the State Department, the National Security Council and other agencies. The government funding for the project will come from the U.S. Agency for International Developement (USAID) For the Women’s Global Developement and Prosperity Initiative, the U.S. government will team up with several private companies such as UPS and Pepsi to “facilitate complementary private-sector investments to achieve our shared goals, Ivanka Trump, who will attend the Munich Security Conference next week to promote the project, stressed that she sees this as a national security priority.
Answer: 9) A
Thailand named the tiny, eye-catching, colourful fin plumaged Siamese fighting fish as its aquatic animal. It will help to boost the conservation and breeding of the same. Siamese fighting fish is the native of Mekong basin of Thailand and is mostly found in the Chao Phraya river in Thailand. The Siamese fighting fish was registered as an intangible cultural heritage in 2013.
The IUCN status of fish is Vulnerable.
Answer: 10) C
US Chambers of Commerce released the 7th edition of annual International IP Index of top 50 economies in the world. India’s rank moved up to 36 jumping eight places – as against 44 in 2018. India’s overall score in the annual International IP Index has increased substantially to 16.22 (out of a maximum score of 45), against 12.03 (out of 40) in the sixth edition. The latest report, Inspiring Tomorrow, analyses the IP climate in 50 world economies, based on 45 indicators critical to an innovation-led economy. The US tops the list followed by the United Kingdom.
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