1. ‘European Stability Mechanism’, sometimes seen in the news, is an
agency created by EU to deal with the impact of millions of refugees arriving from Middle East
agency of EU that provides financial assistance to eurozone countries
agency of EU to deal with all the bilateral and multilateral agreements on trade
agency of EU to deal with the conflicts arising among the member countries
2. The term ‘Regional Comprehensive Economic Partnership’ often appears in the news in the context of the affairs of a group of countries known as
G20
ASEAN
SCO
SAARC
3. In the context of which of the following do you sometimes find the terms ‘amber box, blue box and green box’ in the news?
WTO affairs
SAARC affairs
UNFCCC affairs
India-EU negotiations on FTA
4. Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
Ruble
Rand
Indian Rupee
Renminbi
5. With reference to ‘IFC Masala Bonds’, sometimes seen in the news, which of the statements given below is/are correct?
1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.
Select the correct answer using the code given below.
1 only
2 only
Both 1 and 2
Neither 1 nor 2