Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
The G20, or Group of Twenty, is an international forum which (1)_____ 19 countries and the European Union (EU). It focuses on significant global economic challenges such as international financial (2)______, climate change mitigation, and (3)______ development. In 1999, the G20 was formed in (4)______ to various global economic crises. The G20 (5)_____ itself the principal arena for international economic and financial cooperation during its 2009 meeting.
Question
Select the most appropriate option to fill in the blank number 4.
Option 1: retaliation
Option 2: reply
Option 3: response
Option 4: result
Correct Answer: response
Solution : The correct choice is the third option.
Using a response in the sentence indicates that the formation of the G20 was a direct reaction to address and manage various global economic crises. It suggests that the G20 was established as a way to tackle and provide solutions to these widespread economic challenges.
Therefore, the complete sentence would be: "In 1999, the G20 was formed in response to various global economic crises."
Question : What is a key area of potential cooperation between India and Central Asian countries?
Option 1: Information technology
Option 2: Pharmaceutical exports
Option 3: Renewable energy
Option 4: Counter-terrorism efforts
Correct Answer: Counter-terrorism efforts
Solution : Correct Option: Option 4
Explanation: Counter-terrorism efforts are a key area of potential cooperation between India and Central Asian countries, as they share concerns about regional security and the threat of extremism.
Question : Which area has become a key focus of cooperation between India and the USA in recent years?
Option 1: Space exploration
Option 2: Renewable energy
Option 3: Cybersecurity
Option 4: All of the above
Correct Answer: All of the above
Solution : In recent years, cooperation between India and the USA has expanded to include key areas such as space exploration, renewable energy, and cybersecurity.
Question : What is discrimination in a psychological context?
Option 1: Treating everyone equally
Option 2: Unfair treatment based on prejudice against certain groups
Option 3: Promoting diversity and inclusion
Option 4: Encouraging cooperation among different communities
Correct Answer: Unfair treatment based on prejudice against certain groups
Solution : In a psychological context, discrimination refers to the unfair treatment of individuals or groups based on prejudice against certain characteristics, such as race, gender, or religion, leading to negative psychological effects on the victims.
Question : Case Study:
ABC Pharmaceuticals believes in providing opportunities for skill development and growth for its employees. Which principle of scientific management is being exemplified here?
Option 1: Cooperation, not individualism
Option 2: Development of each person to their greatest efficiency
Option 3: Harmony, not discord
Option 4: Science, not the rule of thumb
Correct Answer: Development of each person to their greatest efficiency
Solution : The correct answer is (b) Development of each person to their greatest efficiency.
This principle emphasizes the importance of developing employees to their maximum potential by enhancing their skills, knowledge, and efficiency through training, education, and growth opportunities. It focuses on optimizing individual capabilities to achieve higher levels of performance and contribute effectively to the organization's success.
Question : The Swaraj Party was formed following the failure of:
Option 1: Non-cooperation Movement
Option 2: Civil Disobedience Movement
Option 3: Quit India Movement
Option 4: Champaran Satyagraha
Correct Answer: Non-cooperation Movement
Solution : The correct answer is the Non-cooperation movement.
After the failure of the Non-cooperation movement, the Swaraj Party was formed in 1923. The Non-cooperation movement was launched in August 1920 by the Indian National Congress leaders under the leadership of Mahatma Gandhi, which was withdrawn by Mahatma Gandhi after the Chauri Chaura incident in 1922. After this withdrawal, the Swaraj Party was formed by C. R. Das and Motilal Nehru.
Question : In the ____________, Sarojini Naidu persuaded Mahatma Gandhi to allow women to join the movement.
Option 1: Quit India Movement
Option 2: Champaran Satyagraha
Option 3: Salt Satyagraha
Option 4: Non-Cooperation Movement
Correct Answer: Salt Satyagraha
Solution : The correct answer is Salt Satyagraha.
In the Salt Satyagraha, Sarojini Naidu persuaded Mahatma Gandhi to allow women to join the movement. She was a prominent freedom fighter and poet who played an active role in the Indian independence movement.
Question : Which among the following movements was not led by Mahatma Gandhi?
Option 1: Quit India movement
Option 2: Swadeshi movement
Option 3: Non-cooperation movement
Option 4: Civil Disobedience movement
Correct Answer: Swadeshi movement
Solution : The correct answer is the Swadeshi movement.
The Swadeshi were a component of the Indian Independence movement and aided in the growth of Indian nationalism. Lala Lajpat Rai, Bipin Chandra Pal, and Bal Gangadhar Tilak are the main figures in the Swadeshi movement. The Swadeshi resolution was adopted at the 1906 Calcutta session under the leadership of Dadabhai Naoroji.
Question : Which of the following organizations plays a significant role in promoting international monetary cooperation and exchange rate stability?
Option 1: World Trade Organization (WTO)
Option 2: International Monetary Fund (IMF)
Option 3: World Bank
Option 4: Organization for Economic Cooperation and Development (OECD)
Correct Answer: International Monetary Fund (IMF)
Solution : The correct answer is b) International Monetary Fund (IMF)
The International Monetary Fund (IMF) plays a significant role in promoting international monetary cooperation and exchange rate stability. It is an international organization that works to foster global economic stability and growth.
The IMF's primary functions include:
1. Surveillance: The IMF monitors the economic and financial developments of its member countries and provides policy advice to promote stability and sustainable growth. It assesses exchange rate policies and helps countries address imbalances and vulnerabilities.
2. Financial Assistance: The IMF provides financial assistance to member countries facing balance of payments problems. This assistance is designed to help countries stabilize their economies, restore confidence, and promote sustainable economic growth.
3. Technical Assistance and Capacity Development: The IMF provides technical assistance and training to member countries to strengthen their economic institutions, policy frameworks, and capacity to manage economic challenges effectively.
4. Promoting Exchange Rate Stability: The IMF plays a role in promoting exchange rate stability by encouraging countries to adopt sound exchange rate policies, avoid competitive devaluations, and manage exchange rate fluctuations in a way that supports sustainable economic growth.
While the other organizations listed (World Trade Organization, World Bank, and Organization for Economic Cooperation and Development) are also important international institutions, their primary focus is different from that of the IMF. The WTO deals with international trade rules and disputes, the World Bank focuses on providing financial assistance and development projects, and the OECD promotes economic cooperation and policy coordination among its member countries.
Question : What is a key aspect of the India-China relationship in the context of global trade?
Option 1: Joint military ventures
Option 2: Shared cultural programs
Option 3: Competition for natural resources
Option 4: Cooperation in space exploration
Correct Answer: Competition for natural resources
Solution : A key aspect of the India-China relationship in the context of global trade is competition for natural resources, as both countries seek to secure access to vital materials for their economies.