The 'Doha Round' of WTO negotiations began in which year? MCQ with Answer and Explanation

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The 'Doha Round' of WTO negotiations began in which year?

A. 2001

B. 2005

C. 2010

D. 1999

Answer: Option A

Solution (By JKSSB Mock Tests)

The Doha Round was launched in 2001.

This question belongs to: Economy GK Economy Set 1

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Question #1

In the context of inflation, 'Core Inflation' excludes:

A. Housing prices

B. Service prices

C. Food and fuel prices

D. Manufactured goods prices

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Correct Answer: Option C

Explanation:
Core inflation is a measure of inflation that excludes volatile items such as food and fuel prices to give a better picture of underlying inflation trends.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Bank for International Settlements' headquarters is in:

A. Zurich

B. Geneva

C. Basel

D. London

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Correct Answer: Option C

Explanation:
BIS headquarters is in Basel.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Trade Receivables Discounting System' platform helps MSMEs by:

A. providing direct subsidies

B. insuring their factories

C. discounting their receivables from corporate buyers

D. providing land

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Correct Answer: Option C

Explanation:
TReDS helps MSMEs obtain working capital by discounting their receivables.

This question belongs to: Economy GK Economy Set 1

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