Singapore has dethroned to claim the title of the world’s freest economy?
- A. Hong Kong
- B. Singapore
- C. France
- D. New York
Correct Answer: A. Hong Kong
In a significant shift, Singapore has surpassed Hong Kong to claim the title of the world’s freest economy, marking the end of Hong Kong’s 53-year reign at the top. This shift is according to a report released by the Canadian think tank Fraser Institute. The Economic Freedom of the World Index, which has been tracking economic freedom since 1970, placed Hong Kong in second place for the first time.
Correct Answer: C. Croatia
Croatia is set to adopt the euro currency from the start of 2023 after meeting all the criteria to join the European Commission. This move will make Croatia the 20th European country to use the single currency. European Commission President Ursula von der Leyen said in a statement that Croatia has made a step toward adopting the Euro common currency
Correct Answer: B. Israel
Israel has signed a free trade agreement with the United Arab Emirates, its first big trade pact with an Arab state. The agreement, which aimed at boosting trade between the two Middle Eastern nations, would encourage more Israeli companies to set up offices in the UAE, particularly in Dubai.
Correct Answer: B. China
China has launch its first homegrown open-source operating system for computers state media said on July 6, 2023, as Beijing seeks to reduce its foreign dependence at a time of increased rivalry with the United States. The system, called OpenKylin, has been designed as a rival to the ubiquitous Windows and Mac OS systems.
Correct Answer: B. Turkiye
The United Nations has changed the Republic of Turkey’s country name at the organisation from “Turkey” to “Türkiye”, following a request from Ankara for the change. UN spokesman Stephane Dujarric said that a letter had been received on Wednesday from the Turkish foreign minister Mevlut Cavusoglu addressed to Secretary-General Antonio Guterres, requesting the use of “Türkiye” instead of “Turkey” for all affairs.
Correct Answer: C. North Korea
In September 2023, North Korea has launch its first operational “tactical nuclear attack submarine” and assigned it to the fleet that patrols the waters between the Korean peninsula and Japan, state media said on Friday. Submarine No. 841 – named Hero Kim Kun Ok after a North Korean historical figure – will be one of the main “underwater offensive means of the naval force” of North Korea, leader Kim Jong Un said at the launch ceremony on Wednesday.
Correct Answer: B. Danuri
South Korea`s first-ever lunar orbiter Danuri has sent black-and-white photos of the Moon`s surface and Earth, the national space centre said on January 3, 2023. Danuri a portmanteau of the Korean words for `Moon` and `enjoy` was launched on a SpaceX rocket from the United States in August 2022 and entered lunar orbit last month. Its images taken between December 24 and January1-showthelunar surface and Earth, and were shot from less than 120 kilometres (75 miles) over the Moon, the Korea Aerospace Research Institute (KARI) said in a statement.