Which country has launched a Developing Countries Trading Scheme (DCTS)?
- A. UAE
- B. UK
- C. Germany
- D. Malaysia
Correct Answer: B. UK
The United Kingdom (UK) has launched a Developing Countries Trading Scheme (DCTS), whose implementation in early 2023 will provide tariff reductions and simpler terms of trade to 65 countries, including Pakistan. The DCTS replaces the UK`s Generalised Scheme of Preferences (GSP), a preferential trading system that provides tariff removals and reductions on various products.
Correct Answer: C. Gautam Adani
Adani Group Chairperson Gautam Adani has now becomed the world’s second-richest person. According to Forbes Real-Time Billionaires List, Adani’s net worth stands at $155.7 billion as of September 16, 2022, leaving behind Amazon’s Jeff Bezos. Adani is now only behind Tesla’s Elon Musk, who remains the world’s richest man with a $273.5 billion net worth. In the calendar year 2022, Adani has added over $70 billion to his fortune, only one among the world’s 10 wealthiest people to have seen his net worth increase this year.
Correct Answer: A. 21 April 2022
Emilio Stanley Mwai Kibaki, was a Kenyan politician who served as the third President of Kenya from December 2002 until April 2013. Kibaki died on 21 April 2022, at the age of 90.
Correct Answer: D. 19 August 2023
The Luna-25 probe, Russia`s first moon mission in almost 50 years, has crashed on the moon after an incident during prelanding manoeuvres, Russian space agency Roscosmos said on 20 August 2023. Communication with Luna-25 was lost at 2:57pm (1157 GMT) on 19 August 2023, Roscosmos said. According to preliminary findings, the lander `has ceased to exist following a collision with the moon`s surface`
Correct Answer: D. Taiwan
Taiwan kicked off its largest annual military exercises on July 25, 2022, with trench warfare and shoulder-launched Stinger missiles deployed against simulated Chinese attacks in drills informed by the Russian invasion of Ukraine.
Correct Answer: C. 14 May 2023
Presidential elections were held in Turkey in May 2023, alongside parliamentary election, to elect a president for a term of five year. It mark the first time a Turkish presidential election has gone to a run-off. The first round of the elections was held on 14 May 2023 and 2nd round on 28 May 2023.
Correct Answer: A. Bangladesh
The United States has decided to open its Foreign Commercial Service Office in Dhaka, Bangladesh to boost its economic ties with the country. The US also agreed to ask the American companies to invest in various sectors like energy, IT, pharmaceutics, and agriculture in Bangladesh.