Economic and Corporate News [Current Affairs]: Questions 9 - 11 of 12
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🎯 442 MCQs (& PYQs) with Full Explanations (2024-2025 Exam)
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Question 9
Question MCQ▾
With reference to World Economic Forum (WEF) , identify the correct statements.
1. The World Economic Forum is a Swiss nonprofit foundation established in 1991, based in Geneva, Switzerland.
2. The WEF՚s mission is to improve the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas.
Choices
Choice (4) | Response | |
---|---|---|
a. | 1 only | |
b. | 2 only | |
c. | Question does not provide sufficient data or is vague | |
d. | All of the above |
Question 10
Question MCQ▾
Consider the following statements about GSTN and identify the correct statements.
1. GSTN is a platform developed for indirect taxation related to the Goods and Services Tax in India.
2. The company was incorporated in 2013 under Section 25 of the Companies Act, 1956 (now Section 8 of the Companies Act, 2013) as a not-for-profit, limited by shares, Government Company.
Choices
Choice (4) | Response | |
---|---|---|
a. | 1 only | |
b. | 2 only | |
c. | Both a. and b. are correct | |
d. | None of the above |
Question 11
Question MCQ▾
Which among the following are possible benefits of Internationalisation of Rupee?
1. Greater international usage of the rupee can reduce currency risk for Indian businesses engaged in international trade, as they can avoid currency exchange costs and fluctuations.
2. A more internationally recognized and traded currency can attract foreign investors to Indian markets, boosting foreign direct investment (FDI) and portfolio investment.
Choices
Choice (4) | Response | |
---|---|---|
a. | Only 1 | |
b. | Only 2 | |
c. | Both a. and b. are correct | |
d. | Question does not provide sufficient data or is vague |