IASbaba Daily Prelims Quiz
UPSC Quiz – 2020: IAS Daily Current Affairs Quiz Day 115
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Question 1 of 5
1. Question
Consider the following statements
- Dumping is said to occur when the goods are exported by a country to another country at a price lower than its normal value.
- The use of anti-dumping measure as an instrument of fair competition is permitted by the WTO.
Select the correct statements
Correct
Solution (c)
Dumping is said to occur when the goods are exported by a country to another country at a price lower than its normal value. This is an unfair trade practice which can have a distortive effect on international trade. Anti-dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. Thus, the purpose of anti-dumping duty is to rectify the trade distortive effect of dumping and re-establish fair trade. The use of anti-dumping measure as an instrument of fair competition is permitted by the WTO. In fact, anti-dumping is an instrument for ensuring fair trade and is not a measure of protection per se for the domestic industry. It provides relief to the domestic industry against the injury caused by dumping.
Incorrect
Solution (c)
Dumping is said to occur when the goods are exported by a country to another country at a price lower than its normal value. This is an unfair trade practice which can have a distortive effect on international trade. Anti-dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. Thus, the purpose of anti-dumping duty is to rectify the trade distortive effect of dumping and re-establish fair trade. The use of anti-dumping measure as an instrument of fair competition is permitted by the WTO. In fact, anti-dumping is an instrument for ensuring fair trade and is not a measure of protection per se for the domestic industry. It provides relief to the domestic industry against the injury caused by dumping.
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Question 2 of 5
2. Question
Which of the following countries does not have a coast on the Adriatic Sea?
Correct
Solution (d)
The countries with coasts on the Adriatic are Albania, Bosnia and Herzegovina, Croatia, Italy, Montenegro and Slovenia.
UPSC Quiz – 2020 : IAS Daily Current Affairs Quiz Day 115
Incorrect
Solution (d)
The countries with coasts on the Adriatic are Albania, Bosnia and Herzegovina, Croatia, Italy, Montenegro and Slovenia.
UPSC Quiz – 2020 : IAS Daily Current Affairs Quiz Day 115
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Question 3 of 5
3. Question
Jordan is bordered by
- Syria
- Saudi Arabia
- Israel
- Egypt
Select the correct code:
Correct
Solution (a)
Jordan is bordered by Saudi Arabia to the south and the east, Iraq to the north-east, Syria to the north and Israel and the Palestinian West Bank to the west.
UPSC Quiz – 2020 : IAS Daily Current Affairs Quiz Day 115
Incorrect
Solution (a)
Jordan is bordered by Saudi Arabia to the south and the east, Iraq to the north-east, Syria to the north and Israel and the Palestinian West Bank to the west.
UPSC Quiz – 2020 : IAS Daily Current Affairs Quiz Day 115
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Question 4 of 5
4. Question
‘Maritime Unmanned Anti-Submarine System (MUSAS)’ was in news recently. It is associated with
Correct
Solution (a)
The Maritime Unmanned Anti-Submarine System (MUSAS) aims to develop and deliver an advanced command, control and communications (C3) service architecture, for anti-submarine warfare, taking advantage of cutting-edge technology and artificial intelligence, in order to counter area denial methods of adversaries. Moreover, it will enhance the protection of underwater high-value infrastructures as well as sea-based energy systems, providing quick response with appropriate levels of force to intrusion or threat to sea lines of communication.
It is a joint project between Portugal, France, Spain and Sweden, which all have large coastlines.
Source: https://indianexpress.com/article/world/eu-european-union-signs-off-on-new-joint-defense-projects-military-weapon-development-projects-brussels-pesco-6118348/
Incorrect
Solution (a)
The Maritime Unmanned Anti-Submarine System (MUSAS) aims to develop and deliver an advanced command, control and communications (C3) service architecture, for anti-submarine warfare, taking advantage of cutting-edge technology and artificial intelligence, in order to counter area denial methods of adversaries. Moreover, it will enhance the protection of underwater high-value infrastructures as well as sea-based energy systems, providing quick response with appropriate levels of force to intrusion or threat to sea lines of communication.
It is a joint project between Portugal, France, Spain and Sweden, which all have large coastlines.
Source: https://indianexpress.com/article/world/eu-european-union-signs-off-on-new-joint-defense-projects-military-weapon-development-projects-brussels-pesco-6118348/
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Question 5 of 5
5. Question
The ‘Global Landscape of Climate Finance 2019’ report is published by
