UPSC PRELIMINARY MOCK TEST 120

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UPSC PRELIMINARY MOCK TEST 120

Question 91 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Statement/s is/are correct?
A
Disinflation: When the overall price level decreases so that inflation rate becomes negative.
B
Deflation: This is a fall in the inflation rate. It means that the general price level is increasing at a slower rate.
C
Both A and B
D
Neither A nor B
Question 91 Explanation: 
Disinflation is a slowing in the rate of price inflation. It is used to describe instances when the inflation rate has reduced marginally over the short term. Although it is used to describe periods of slowing inflation, disinflation should not be confused with deflation, which can be harmful to the economy.

When the overall price level decreases so that inflation rate becomes negative, it is called deflation. It is the opposite of the often-encountered inflation.

Question 92 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements regarding probiotic food 1. Probiotic food contains live bacteria which are considered beneficial to humans. 2. Probiotic food helps in maintaining gut flora. Which of the statements given above is/are correct?
A
1 only
B
2 Only
C
Both 1 and 2
D
Neither 1 nor 2
Question 92 Explanation: 

Previous year question "

Question 93 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
'Stockholm Convention' is associated with
A
Persistent Organic Pollutants
B
Hazardous Wastes and their Disposal
C
Hazardous Chemicals and Pesticides
D
Ozone Depletion
Question 93 Explanation: 
The Stockholm Convention on Persistent Organic Pollutants (POPs) is a global treaty to protect human health and the environment from highly dangerous, long-lasting chemicals by restricting and ultimately eliminating their production, use, trade, release and storage.
Question 94 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following has been recognised as the 'World Capital of Architecture' by UNESCO.
A
Rome
B
Melbourne
C
Rio de Janeiro
D
Paris
Question 94 Explanation: 

The UN Educational, Scientific, and Cultural Organization (Unesco) has named the Brazilian city of Rio de Janeiro as the World Capital of Architecture for 2020.

Having defeated Paris and Melbourne, Rio will be the first city to receive the title under a programme launched together by Unesco and the International Union of Architects (UIA) in November 2018

Source "

Question 95 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consider the following statements regarding 'most-favoured-nation' (MFN) status in international trade:
  1. It is one of the important principles of GATT agreement conceived by WTO.
  2. If any country grants one country a special favour such as lower customs duty
same would need to be extended to all other WTO members under MFN. Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both
D
None
Question 95 Explanation: 

Under the World Trade Organisation (WTO) agreements, countries cannot normally discriminate between their trading partners. If any country grants one country a special favour such as a lower customs duty rate for one of their products the same would need to be extended to all other WTO members. This principle is known as most-favoured nation (MFN) treatment.

MFN is so important a principle that it is the first article of the General Agreement on Tariffs and Trade (GATT), which governs trade in goods. MFN is also a priority in the General Agreement on Trade in Services (GATS) and the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). Together, those three agreements cover all three main areas of trade handled by the WTO.

There are 95 questions to complete.