On April 28, 2020, Asian Development Bank approves ______ billion USD loan for India to fight COVID-19.
- A. 1.5 billion USD
- B. 2.0 billion USD
- C. 2.5 billion USD
- D. 3.0 billion USD
Correct Answer: A. 1.5 billion USD
On April 28, 2020, the Asian Development Bank approved 1.5 billion USD loan to support the Indian Government in its actions against the spread of COVID-19 crisis. The loan sanctioned by the ADB is to be used for the social protection of economically vulnerable sections and the poor.
Correct Answer: A. Katalin Kariko and Drew Weissman
Hungarian scientist Katalin Kariko and U.S. colleague Drew Weissman, who met in line for a photocopier before making mRNA molecule discoveries that paved the way for COVID-19 vaccines, won the 2023 Nobel Prize for Medicine on 2 October 2023, Monday.
Correct Answer: D. Ukraine
Ukraine wins the 2022 Eurovision song contest as the UK finishes second in Turin. Ukraine has won the 66th Eurovision song contest, which was held on 14 May 2022 evening in Turin in Italy.
Correct Answer: D. Fifteen
The Economic Community of West African States (ECOWAS) is a regional political and economic union of fifteen countries located in West Africa. Collectively, these countries comprise an area of 5,114,162 km2 (1,974,589 sq mi), and in 2015 had an estimated population of over 349 million. Considered one of the pillar regional blocs of the continent-wide African Economic Community (AEC), the stated goal of ECOWAS is to achieve “collective self-sufficiency” for its member states by creating a single large trade bloc by building a full economic and trading union. The union was established on 28 May 1975, with the signing of the Treaty of Lagos, with its stated mission to promote economic integration across the region. A revised version of the treaty was agreed and signed on 24 July 1993 in Cotonou.
Correct Answer: A. $1.1 billion
The US State Department has approved a potential $1.1 billion sale of military equipment to Taiwan, including 60 anti-ship missiles and 100 air-to-air missiles, with China threatening to take countermeasures. The Pentagon announced the package on 2 September 2022 in the wake of China`s aggressive military drills around Taiwan following a visit to the island last month by US House of Representatives Speaker Nancy Pelosi, the highest-ranking US official to travel to Taipei in years.
Correct Answer: B. $1tr
China is owed more than a trillion dollars through its Belt and Road project, making it the biggest debt collector in the world, a report said this week, with an estimated 80 per cent of the loans supporting countries in financial distress. Beijing says upwards of 150 countries stretching from Uruguay to Sri Lanka have signed up to the BRI, a vast global infrastructure push unveiled by President Xi Jinping a decade ago
Correct Answer: B. Singapore
The 19th Shangri-La Dialogue, hosted by International Institute for Strategic Studies (IISS), commenced in Singapore, two years after the Covid-19 pandemic. The Shangri-La Annual Dialogue is one of important Asia’s Defence Summits. It’s a unique meeting where ministers debate the region’s most significant security challenges. It was launched in 2002 by the British think tank IISS with the support of the Singaporean government. The Shangri-La Dialogue is officially known as the Asia Security Summit. Asia’s premier security summit, the IISS Shangri-La Dialogue, took place in Singapore on 10–12 June 2022.