Which country has become the first to issue world’s first sovereign bond?
- A. Taiwan
- B. Thailand
- C. Mexico
- D. Cuba
Correct Answer: C. Mexico
Mexico has become the first country in the world to issue a sovereign bond linked to the sustainable development goals set by the United Nations. It has raised EUR 750 million ($890 million) by such bonds. The SDG bond will mature in September 2027 and offers a yield to maturity rate of 1.603% and a coupon rate of 1.350%. This new bond was issued under Mexico’s new “SDG Sovereign Bond Framework,” which was released in February in partnership with French investment bank Natixis.
Correct Answer: B. July 04, 2023
Iran has officially joined the Shanghai Cooperation Organization (SCO), becoming the group’s ninth permanent member, Foreign Minister Hossein Amir-Abdollahian confirmed.Iran was officially elected as a member at the 23rd Summit of the SCO Council of Heads of State, held virtually on July 4 and hosted by India.
Correct Answer: A. Sweden
U.S bomber jets have land in Sweden for the first time in history on 19 June 2023. Sweden, which abandoned two centuries of military non-alignment to seek Nato membership last year, announce earlier this month that it was ready to host Nato troops and material on its soil even before it become a member of the alliance. Two American B-1B Lancers landed at Lulea-Kallax airport in northern Sweden on Monday June 19, the military said.
Correct Answer: D. Boeing
Boeing, the US-based aerospace company, has successfully completed the first test flight of 777X, the world’s largest twin-engine aircraft. The test has been conducted at a time when Boeing is trying to rebuild its tarnished image after two fatal crashes of the 737 Max aircraft which killed nearly 350 people in the last two years. 777X’s maiden flight took off from a Boeing field in Seattle, Washington, and flew for 3 hours and 51 minutes before landing back at the starting point. According to Boeing, the 777X is 252 feet long and extends 235 feet from its wingtips. It has gigantic GE9X engines that exert about 10,000 pounds of thrust. 777X offers 10% better fuel efficiency than its nearest rival Airbus A350-1000 which seats 360 passengers. The maiden flight, also known as first flight, of an aircraft is the first occasion on which an aircraft leaves the ground under its own power. The maiden flight of a new aircraft type is always a historic occasion for the type and can be quite emotional for those involved.
Correct Answer: C. India
The World Health Organisation has issued an alert warning against the use of two Indian cough syrups blamed for the deaths of at least 20 children in Uzbekistan. WHO said the products, manufactured by India`s Marion Biotech, were `substandard` and that the firm had failed to provide guarantees about their `safety and quality`. The alert, issued on Wednesday, January 11, 2023, comes after Uzbekistan authorities said last month at least 20 children died after consuming a syrup made by the company under the brand name Doc-1 Max. India`s health ministry subsequently suspended production at the com-pany and Uzbekistan banned the import and sale of Doc-1 Max.
Correct Answer: C. 5 Years
The United States of America rejoin as a member of United Nations Educational, Scientific and Cultural Organization after 5 years. The Biden administration had announced in early June that it would apply to rejoin the organization mainly because it was concerned that China was filling a gap left by the U.S. absence from the body. The 193-member UNESCO plays a major role in setting international standards for artificial intelligence and technology education around the world.
Correct Answer: B. Angola
A rare 170-carat pink rough diamond weighing 34 grams has been discovered at Lucapa’s Lulo Mine in Angola. Named the ‘Lulo Rose’, it is considered to be the largest pink diamond discovered in the last 300 years. In 2016, a mining operation yielded a 404-carat white stone named the ‘4th February Stone’. It was the largest ever diamond recovered in Angola.