The 'International Centre for Settlement of Investment Disputes' is a member of the: MCQ with Answer and Explanation

Question

Share Report Error

The 'International Centre for Settlement of Investment Disputes' is a member of the:

A. IMF

B. WTO

C. World Bank Group

D. United Nations

Answer: Option C

Solution (By JKSSB Mock Tests)

ICSID is part of the World Bank Group.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

Share Report

The 'International Financial Services Centres Authority' was established in India in which year?

A. 2020

B. 2019

C. 2015

D. 2021

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
IFSCA was established in 2020.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'Essential Commodities Act' was amended in 2020 to deregulate which commodities?

A. Medicines

B. Fertilizers

C. Petroleum products

D. Cereals, pulses, oilseeds, edible oils and onion

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Essential Commodities (Amendment) Act 2020 deregulated cereals, pulses, oilseeds, edible oils and onion.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

Which of the following is a feature of the 'Uncovered Interest Parity' puzzle or forward-premium puzzle?

A. Forward rates are perfect predictors of future spot rates

B. Interest differentials are always zero

C. High-interest currencies tend to appreciate rather than depreciate as uncovered interest parity would predict

D. High-interest currencies always depreciate as predicted

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
Empirical evidence often shows that currencies with high interest rates tend to appreciate, contrary to the prediction of uncovered interest parity that they should depreciate; this is known as the forward-premium puzzle.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs