1. Which of the following statements about Sovereign Wealth Funds is/are correct?
1. Sovereign wealth funds invest in assets, such as stocks, bonds and real estate.
2. They are typically funded by a country’s Budgetary surpluses.
3. There are over 100 sovereign wealth funds around the world that manage over $14 trillion in assets.
4. Saudi Arabia operates the world’s largest sovereign wealth fund.
(a) Only one (b) Only two (c) Only three (d) All four
2. How many of the following statements is/are correct?
1. ‘BharatTradeNet’ (BTN) will be a unified platform for trade documentation and financing solutions for international trade.
2. BTN will complement the Unified Logistics Interface Platform.
3. BTN would enable the digitisation of over 30 trade documents, such as Bills of Lading, Promissory Notes, for secure electronic issuance, transfer, and storage, where required.
4. BTN is modeled after the Unified Payments Interface (UPI) and will aid in the transition to full digitization of all trade documentation.
(a) Only one (b) Only two (c) Only three (d) All four
3. What is Project Waterworth?
(a) Project for installation of subsea internet cables.
(b) Project for accounting for virtual water in green accounting.
(c) Project for underwater domain awareness.
(d) Project for recharge of groundwater in critical water zones.
4. How many of the following statements about The Regional Comprehensive Economic Partnership is/are correct?
1. It is a free trade agreement among 15 countries in the Asia-Pacific region.
2. It represents 30% of the world’s population and 30% of global GDP.
3. India is not a member.
(a) Only one (b) Only two (c) All three (d) None
ANSWERS
1. (c) 2. (d) 3. (a) 4. (c)
