World Trade Organization came into existence in……
(A) 1992
(B) 1993
(C) 1994
(D) 1995
The World Trade Organization (WTO) officially came into existence on January 1, 1995. It replaced the General Agreement on Tariffs and Trade (GATT) and was established to facilitate international trade negotiations, resolve trade disputes, and provide a framework for the conduct of international trade. The WTO aims to promote free and fair trade among its member countries by establishing rules and agreements that govern global commerce. It serves as a forum for member nations to negotiate trade agreements and address issues related to trade policies and practices.
When did the war of Americans Independence take place?
(A) 1770
(B) 1772
(C) 1774
(D) 1776
Which organization publishes ‘World Development Report’?
(A) United Nations Development Programme (UNDP)
(B) World Economic Forum
(C) International Monetary Fund (IMF)
(D) World Bank
The "World Development Report" is an annual publication by the World Bank. It provides in-depth analysis and insights into key development issues facing the world. Each report focuses on a specific theme, addressing economic, social, and environmental challenges. The aim is to offer policymakers, researchers, and development practitioners valuable information and perspectives to inform decision-making and promote sustainable development globally.
Under whose leadership did America achieve independence in 1776 AD?
(A) Abraham Lincoln
(B) Jeorge W. Bush
(C) Jeorge Washington
(D) None of these
America achieved independence in 1776 under the leadership of (C) George Washington. Abraham Lincoln and George W. Bush were Presidents of the United States in later periods, and they were not involved in the events leading to the Declaration of Independence in 1776.
What is the full form of ISI Pakistan?
(A) Inter Services Intelligence
(B) Inter Solution Intelligence
(C) Inter Surgical Improvement
(D) International Survey
The Inter-Services Intelligence (ISI) is the premier intelligence agency of Pakistan, responsible for providing critical national security and intelligence assessments to the government. It was established in 1948 and operates under the jurisdiction of the Pakistan Ministry of Defence. The ISI is primarily focused on safeguarding Pakistan's interests, both domestically and internationally, and plays a crucial role in counterintelligence, counterterrorism, and strategic intelligence.
Mount Everest is named after -
(A) The King of England
(B) The First climber of the peak
(C) A Surveyor General of India
(D) The Viceroy of India
Mount Everest, the highest peak in the world, is named after Sir George Everest, a Welsh geographer and surveyor general of India in the 19th century. Although Sir George Everest himself objected to having the mountain named after him, the proposal was accepted, and the mountain retained the name Everest. The naming was done by the Royal Geographical Society in 1865 to honor his contributions to the Great Trigonometrical Survey of India, which played a significant role in mapping the subcontinent.
Overuse of resource is called “Tragedy of Commons”. It was propounded by:
(A) Adolph Wagner
(B) Seligman
(C) Garett Hardin
(D) A.P Lerner
The "Tragedy of the Commons" is a concept introduced by Garrett Hardin in a famous 1968 essay. It describes a situation where individuals, acting in their self-interest, deplete shared resources, leading to the detriment of the overall community. The term "commons" refers to resources that are accessible to everyone, and the tragedy occurs when individuals, motivated by personal gain, exploit these resources excessively, leading to their depletion or degradation. Hardin's work highlights the challenges of managing common resources and the need for collective action or regulatory measures to prevent the tragedy from occurring. This concept has been widely applied to environmental issues and resource management.
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