Q1. Pentavalent vaccine provides protection to a child from 5 life-threatening diseases – Diphtheria, Pertussis, Tetanus, Hepatitis B and Hib. India announced the donation 12,500 doses of pentavalent vaccines to which of the country?
(a) Guatemala
(b) El Salvador
(c) Cuba
(d) Denmark
(e) Estonia
Q2. The 53rd edition of the annual World Economic Forum Summit would be held in Davos, Switzerland. It was founded in which of the following year?
(a) 1950
(b) 1955
(c) 1961
(d) 1967
(e) 1971
Q3. Which country has become one of the only countries in the world to fully implement the ‘tradeplus-one’ (T+1) settlement cycle for investors in top listed securities?
(a) India
(b) China
(c) USA
(d) Russia
(e) Japan
Q4. India has emerged as one of the top three countries in the world where the area under organic agriculture expanded the maximum in 2020. Which country has been emerged first under organic agriculture expansion in 2020?
(a) Argentina
(b) Brazil
(c) Uruguay
(d) Cuba
(e) Italy
Q5. Which country has announced a new federal investment to build and commercialize the world’s first photonic-based, fault-tolerant quantum computer?
(a) Germany
(b) Canada
(c) USA
(d) India
(e) China
Q6. Bangladesh launched its first metro rail service with Japanese assistance to ease commuting in the capital Dhaka, one of the most congested cities in the world. Which among the following country funded the Metro rail project?
(a) India
(b) Russia
(c) Japan
(d) South Korea
(e) USA
Q7. With which country, India recently exchanged the list of Nuclear Assets and Prison Inmates?
(a) China
(b) North Korea
(c) Pakistan
(d) Afghanistan
(e) Myanmar
Q8. Which country has switched to the euro and entered Europe’s passport-free zone – two important milestones for the country after joining the European Union (EU) nearly a decade ago?
(a) Hungary
(b) Serbia
(c) Italy
(d) Slovenia
(e) Croatia
Q9. Which country has become the first country in Asia and second in the world to launch Hydrogen powered Train?
(a) India
(b) Indonesia
(c) China
(d) Philippines
(e) Malaysia
Q10. WEF launches initiative to unlock _______ trillion a year for climate and nature.
(a) $1 trillion
(b) $2 trillion
(c) $3 trillion
(d) $4 trillion
(e) $5 trillion
Solutions
S1. Ans. (c)
Sol. India announces the donation of pentavalent vaccines to Cuba.
It is pertinent to note that the pentavalent vaccine provides protection to a child from five life-threatening diseases: – Diphtheria, Pertussis, Tetanus, Hepatitis B and Hib.
S2. Ans. (e)
Sol. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab.
Important Details-
- The 53rd edition of the annual World Economic Forum Summit would be held in Davos, Switzerland.
- The theme of the World Economic Forum (WEF) 2023 meeting is ‘Cooperation in a fragmented world.’
About World Economic Forum (WEF) - It is an international non-governmental and lobbying organisation.
- It was founded on 24 January 1971 by German engineer and economist Klaus Schwab.
- First named the European Management Forum, it changed its name to the World Economic Forum in 1987.
- The Davos Declaration was signed in 1988 by Greece & Turkey.
- President: Børge Brende
- Headquarters: Cologny, Switzerland
- Founder: Klaus Schwab
S3. Ans. (a)
Sol. India has become one of the only countries in the world to fully implement the ‘tradeplus-one’ (T+1) settlement cycle for investors in top listed securities.
Additional Info- - Aside from China which is partly under the T+1 settlement cycle, most international markets such as the US, Europe, and Japan are still under the ‘T+2’ settlement cycle.
- From 27 January onwards, shares sold or bought in the Indian share market would reflect in investors’ demat accounts after a period of one day.
WHAT IS T+1 SYSTEM?
T+1 settlement cycle means investors buying stocks will get the delivery of the shares on the day after the transaction is executed. Say if an investor buys shares on a Monday, s/he will get these shares in his/her demat account by Tuesday. Prior to this, investors needed to wait for two working days to get delivery of shares. This system would also apply to the market participants selling shares. Under the previous T+2 system, it used to take two days for the investors to get the actual proceeds of the transaction but now the same will be credited within a day.
S4. Ans. (a)
Sol. The total increase under organic cultivation globally in 2020 was 3 million hectares (mh), out of which Argentina accounted for 7,81,000 hectares (up by 21 per cent), followed by Uruguay at 5,89,000 hectares (28 per cent) and India at 3,59,000 hectares.
S5. Ans. (b)
Sol. Canadian Prime Minister Justin Trudeau has announced a new federal investment to build and commercialize the world’s first photonic-based, fault-tolerant quantum computer.
S6. Ans. (c)
Sol. Bangladesh launched its first metro rail service with Japanese assistance to ease commuting in the capital Dhaka, one of the most congested cities in the world.
Bangladesh Static Facts:
Capital: Dhaka
Currency: Taka
Prime Minister Sheikh Hasina
S7. Ans. (c)
Sol. India and Pakistan exchanged lists of nuclear installations that cannot be attacked in the event of hostilities, maintaining a tradition dating back to 1992 despite bilateral ties being at an all-time low.
Details:
- The two sides further exchanged lists of prisoners held in each other’s jails, and the Indian side sought the early release and repatriation of civilian prisoners, missing defense personnel, and fishermen, along with their boats, from Pakistan’s custody
- This was the 32nd consecutive exchange of such lists between the two countries, the first one having taken place on January 1, 1992.
S8. Ans. (e)
Sol. Croatia has switched to the euro and entered Europe’s passport-free zone – two important milestones for the country after joining the European Union (EU) nearly a decade ago.
Details:
It is now the 27th nation in the Schengen zone, the world’s largest passport-free travel area, which enables more than 400 million people to move freely around its members.
What is Eurozone:
- The Eurozone officially called the euro area is a monetary union of 20 of the 27 European Union (EU) member states which have adopted the euro as their common currency and sole legal tender.
- The monetary authority of the Eurozone is the Euro system.
- It consists of Austria, Belgium, Cyprus, Croatia, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Croatia Static Facts:
- Capital: Zagreb
- Currency: Kuna
S9. Ans. (c)
Sol. China’s CRRC Corporation Ltd. Launched a hydrogen urban train, and it is the first in Asia and the second such train in the world. Germany introduced green trains a few months back.
Details:
- Germany became the first country to operate the world’s first-ever hydrogen-powered passenger train fleet.
- The trains launched by Germany have a record of 1175 km range set. The Indian Railway on the other hand is moving fast to induct the ‘World’s Greenest Train’ soon.
- India will get its first-ever Indigenous Hydrogen trains by December 2023.
China Static Facts:
- Capital: Beijing
- Currency: Yuan (Renminbi)
S10. Ans.(c)
Sol. The World Economic Forum on Tuesday launched the Giving to Amplify Earth Action (GAEA) to help unlock the USD 3 trillion of financing needed each year to reach net-zero, reverse nature loss and restore biodiversity by 2050.