International Organisations


  1. Where was the last Asia Pacific Economic Cooperation (APEC) Summit held?











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    The last annual meeting was held in Vladivostok on September 2, 2012. Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim countries (formally Member Economies) that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. It was established in 1989 in response to the growing interdependence of AsiaPacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialized Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe (where demand had been declining).
    Note: Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that promotes free trade throughout the AsiaPacific region. Its Headquarter is Singapore. APEC Peru 2016 was the XXVIII year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Peru, at Lima. APEC Vietnam 2017 is the year-long hosting of AsiaPacific Economic Cooperation (APEC) meetings in Vietnam, which will culminate with the APEC Economic Leaders’ Meeting in Ðà N?ng.

    Correct Option: E

    The last annual meeting was held in Vladivostok on September 2, 2012. Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim countries (formally Member Economies) that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. It was established in 1989 in response to the growing interdependence of AsiaPacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialized Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe (where demand had been declining).
    Note: Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that promotes free trade throughout the AsiaPacific region. Its Headquarter is Singapore. APEC Peru 2016 was the XXVIII year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Peru, at Lima. APEC Vietnam 2017 is the year-long hosting of AsiaPacific Economic Cooperation (APEC) meetings in Vietnam, which will culminate with the APEC Economic Leaders’ Meeting in Ðà N?ng.


  1. According to a resolution adopted by the United Nations General Assembly, ‘International Day of Peace’ is observed every year on









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    The International Day of Peace, sometimes unofficially known as World Peace Day, is observed annually on 21 September. It is dedicated to peace, and specifically the absence of war and violence, such as might be occasioned by a temporary ceasefire in a combat zone for humanitarian aid access. The day was first celebrated in 1982, and is kept by many nations, political groups, military groups, and peoples. To inaugurate the day, the “Peace Bell” is rung at UN Headquarters (in New York City). The bell is cast from coins donated by children from all continents except Africa, and was a gift from the United Nations Association of Japan.

    Correct Option: C

    The International Day of Peace, sometimes unofficially known as World Peace Day, is observed annually on 21 September. It is dedicated to peace, and specifically the absence of war and violence, such as might be occasioned by a temporary ceasefire in a combat zone for humanitarian aid access. The day was first celebrated in 1982, and is kept by many nations, political groups, military groups, and peoples. To inaugurate the day, the “Peace Bell” is rung at UN Headquarters (in New York City). The bell is cast from coins donated by children from all continents except Africa, and was a gift from the United Nations Association of Japan.



  1. Which country from the following is a permanent member of UN Security Council?









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    The Security Council held its first session on 17 January 1946 at Church House, Westminster, London. Since its first meeting, the Council, which exists in continuous session, has travelled widely, holding meetings in many cities, such as Paris and Addis Ababa, as well as at its current permanent home at the United Nations Headquarters in New York City. There are 15 members of the Security Council, consisting of five veto-wielding permanent members— China, France, Russia, the United Kingdom, and the United States—based on the great powers that were the victors of World War II, and 10 elected non-permanent members with two-year terms. This basic structure is set out in Chapter V of the UN Charter. Security Council members must always be present at UN headquarters in New York so that the Security Council can meet at any time

    Correct Option: B

    The Security Council held its first session on 17 January 1946 at Church House, Westminster, London. Since its first meeting, the Council, which exists in continuous session, has travelled widely, holding meetings in many cities, such as Paris and Addis Ababa, as well as at its current permanent home at the United Nations Headquarters in New York City. There are 15 members of the Security Council, consisting of five veto-wielding permanent members— China, France, Russia, the United Kingdom, and the United States—based on the great powers that were the victors of World War II, and 10 elected non-permanent members with two-year terms. This basic structure is set out in Chapter V of the UN Charter. Security Council members must always be present at UN headquarters in New York so that the Security Council can meet at any time


  1. The capital of IMF is made up by contribution of the









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    Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily. The IMF’s membership is divided along income lines: certain countries provide the financial resources while others use these resources. Both developed country “creditors” and developing country “borrowers” are members of the IMF. The developed countries provide the financial resources but rarely enter into IMF loan agreements; they are the creditors.

    Correct Option: C

    Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily. The IMF’s membership is divided along income lines: certain countries provide the financial resources while others use these resources. Both developed country “creditors” and developing country “borrowers” are members of the IMF. The developed countries provide the financial resources but rarely enter into IMF loan agreements; they are the creditors.



  1. As required by the WTO agreement, the Indian Patent Act was amended in 1999. The Act first came into force in the year









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    Patent Act and Patents Act (with their variations) are stock short titles used in Canada, India, New Zealand, the United Kingdom and the United States for legislation relating to patents. A Patent Act is a country’s legislation that controls the use of patents, such as the Patentgesetz in Germany. A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time, in exchange for the public disclosure of the invention. Under the World Trade Organization’s (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights, patents should be available in WTO member states for any invention, in all fields of technology, and the term of protection available should be a minimum of twenty years. In many countries, certain subject areas are excluded from patents, such as business methods and computer programs

    Correct Option: B

    Patent Act and Patents Act (with their variations) are stock short titles used in Canada, India, New Zealand, the United Kingdom and the United States for legislation relating to patents. A Patent Act is a country’s legislation that controls the use of patents, such as the Patentgesetz in Germany. A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time, in exchange for the public disclosure of the invention. Under the World Trade Organization’s (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights, patents should be available in WTO member states for any invention, in all fields of technology, and the term of protection available should be a minimum of twenty years. In many countries, certain subject areas are excluded from patents, such as business methods and computer programs