Economy Flashcards

(47 cards)

1
Q

establishment of the Panel on Critical Energy Transition Minerals by

A

UN SECRETARY General António
Guterres (ANNOUNCED ALSO BY HER)

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2
Q

Composition of the Panel

A

Co-chairpersons:
Ambassador Nozipho Joyce Mxakato-Diseko of South Africa and
Director-General for Energy Ditte Juul Jørgensen of the European
Commission

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3
Q

minerals critical for the development of
clean energy technologies.

A

copper, lithium, nickel, cobalt,
and rare earth elements

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4
Q

UN founded in

A

1945

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4
Q

the global commitment to triple renewable energy was amde at ? and by what year

A

COP28 by 2030

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5
Q

No. of members in UN

A

193

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6
Q

International Peace Conference in The Hague held in

A

1899

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7
Q

UN Established the Permanent Court of Arbitration.

A

1902

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8
Q

Which ministry is responsible for overseeing the Centre
of Excellence for Critical Minerals (CECM)?

A

Ministry of Mines

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8
Q

who coined the UN

A

Franklin.D Roosevelt

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8
Q

The Declaration by United
Nations” signed by 26 nations.

A

1942

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9
Q

Which element is crucial in the production of
permanent magnets for motors?

A

Neodymium

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9
Q

Which material is crucial for the anodes of lithium-ion
batteries and also valued for its lubricating properties?

A

Graphite

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10
Q

Which international organization was created under the
Treaty of Versailles in 1919?

A

International Labour Organization

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11
Q

who released the Regional Economic Outlook for Asia and Pacific in April 2024

A

IMF (international monetary fund)

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12
Q

founding member of the IMF

A

india joined in Dec,1945

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13
Q

How is Core Inflation calculated?

A

Core Inflation = Headline Inflation - Food and Fuel Items

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14
Q

During which event was the International Monetary Fund
(IMF) conceived?

A

Bretton Woods Conference in July 1944

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15
Q

SDR quota and vote% held by India in IMF

A

2.75% SDR quota and 2.63% of votes

16
Q

SDR allocations to India amount to

17
Q

Total global allocations of SDRs
amount to

18
Q

The IMF raised India’s growth forecast for 2024-25 to

A

6.8%,
up from 6.5%.
The growth forecast for 2025-26 remains steady at 6.5%

19
Q

China’s economy is projected to grow at _____ in 2024

A

4.6% down
from 5.2% in 2023, and 4.1% in 202

20
Q

Release of Global Trade Update 2024:by

A

UNCTAD The United Nations Conference on Trade and Development

21
As part of its 60th anniversary celebrations, UNCTAD has officially rebranded itself as
"UN Trade and Development.
22
The forecast for 2024 is broadly positive, with GDP growth expected to continue at around ____
3%
23
UNCTAD est?
1964, india is a member
24
HQ of UNCTAD
Geneva
25
Which continent experienced a significant increase in intra-regional trade in 2023?
Africa
26
Which formula correctly represents the calculation of GDP?
GDP = Private Consumption + Gross Investment + Government Spending + (Exports - Imports)
27
What is India's rank in the United Nations SDG Index and Dashboards Report 2023?
112th, report launched on 9th April 2024
27
Which of the following is NOT a report published by the United Nations Conference on Trade and Development (UNCTAD)?
Global Competitiveness report (published by the World Economic Forum) UNCTAD publishes : Trade and Development Report, World Investment Report, and Technology and Innovation Report
28
India's imports from the EU rose by ____ in 2023
9.7%
29
What is the primary objective of Sustainable Development Goal 1?
No Poverty
29
In which year was the Bretton Woods Conference, which set up the international financial system, held?
1944
30
The 5th United Nations Conference on the Least Developed Countries (LDC5) concluded with the adoption of which declaration by world leaders?
Doha Political Declaration
31
A massive _____ in investments are needed to close the development financing gap, according to the report.
$4.2 trillion
32
According to the report, debt service will amount to __annually between 2023 and 2025 in the least developed countries (LDCs)
$40 billion
33
The poorest countries now spend __ of their revenues on interest payments, which is four times more than they spent a decade ago
12%
34
Approximately __ of the global population lives in countries where governments spend more on interest payments than on education or health.
40%
35
By how much did India's net direct tax collections increase in 2023-24?
17.7%
36
Which scheme is aimed at settling pending tax disputes to promote voluntary income-tax compliance in India?
Vivad se Vishwas
37
What does Securities Transaction Tax (STT) apply to?
Stocks
38
To what percentage did personal income tax's share of the total tax rise in 2023-24?
53.3%
39
Which platform was launched by the Prime Minister of India to honor honest taxpayers and bring transparency to the tax system?
Transparent Taxation - Honoring The Honest
40
Rising Share of Personal Income Tax and Indirect Tax data released by
Ministry of Finance
41
Securities Transaction Tax (STT) intro in ?
2004