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The MCQs below are drawn from the Current Affairs subject category.
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63871
Which of the following multilateral development banks primarily focuses on poverty reduction and sustainable development through long-term loans and technical assistance to developing nations?
The World Bank Group is a multilateral development finance institution specifically mandated to provide financial and technical assistance to developing countries for development projects, whereas the IMF focuses on macroeconomic stability and the BIS/FSB focus on financial regulation.
The Marrakesh Agreement (1994) established the World Trade Organization (WTO), providing a common institutional framework for the conduct of trade relations among its members, replacing the GATT system.
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) mandates that member states adhere to which of the following governance standards?
TRIPS is a multilateral agreement that sets down minimum standards for many forms of intellectual property regulation as applied to nationals of other WTO members.
Contractionary fiscal policy involves reducing government spending or increasing taxes to slow down economic growth and curb inflation, thereby stabilizing the economy.
Two- and three-wheeler sales reached 1.3 million units in 8MFY26, marking a 31 percent rise year-on-year. None of these is incorrect because 1.3 million is the explicitly stated figure. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
63876
Which company reported a 54 percent year-on-year surge in sales for the 8MFY26 period?
Sazgar Engineering recorded 10,896 units in 8MFY26, which constitutes a 54 percent year-on-year increase. The other listed companies reported different growth percentages for the same period. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
63877
What was the year-on-year sales performance of the tractor sector during the 8MFY26 period?
While tractor sales showed a 12 percent increase in February 2026 specifically, the cumulative 8MFY26 sales plunged by 21 percent year-on-year. This highlights the sector's ongoing struggle compared to the passenger vehicle market. [Source: https://www.dawn.com/news/1980724/auto-sales-rise-43pc-in-july-february, 11 Mar 2026]
63878
Which of the following metrics is specifically designed to evaluate the climate protection performance and policy progress of various nations?
The Climate Change Performance Index (CCPI) is an independent monitoring tool that tracks the climate protection performance of countries based on greenhouse gas emissions, renewable energy, and climate policy.
Consider the following statements about the global copper market as of July 24, 2026:
1. The escalation of conflict in the Middle East has negatively impacted the global economic growth outlook.
2. Reverse cancellations in South Korea and Taiwan contributed to an increase in available LME copper inventory.
3. The United States imposed new tariffs of 10% and 12.5% on goods from 60 trading partners.
Which of the statements given above is/are correct?
All three statements are factually accurate based on the report: geopolitical tensions weighed on growth, reverse cancellations increased available LME stocks, and the U.S. implemented the specified tariff measures. [Source: https://www.brecorder.com/news/40431641/copper-edges-up-heads-for-weekly-gain-as-non-us-stocks-tighten, 24 Jul 2026]
63880
Which of the following policy instruments is primarily utilized by central banks to achieve economic stabilization by influencing the cost and availability of credit?
Open market operations are a primary monetary policy tool used by central banks to manage liquidity and stabilize the economy by buying or selling government securities.