Which of the following statements are correct in respect of Washington Consensus (WC):
- The Washington Consensus refers to a set of economic policy reforms promoted for developing countries by institutions such as the IMF and World Bank.
- The policies emphasised market-oriented reforms such as trade liberalisation, fiscal discipline and privatisation.
- The Washington Consensus mainly focused on expanding state control and protectionism in the economy.
Select the answer using the code given below:
Consider the following statements:
Statement 1: Consumer Price Index (CPI) measures the change in prices of a basket of goods and services consumed by households.
Statement 2: CPI in India is compiled and released by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation.
Which one of the following is correct in respect of the above statements?
Consider the following statements:
Statement I: The Asian Development Bank (ADB) aims to promote economic development and reduce poverty in Asia and the Pacific region.
Statement II: ADB provides loans, technical assistance and grants to member countries for development projects.
Statement III: ADB finances projects in sectors such as infrastructure, energy, transport and climate resilience in developing member countries.
Which one of the following is correct in respect of the above statements?
Consider the following with reference to International Monetary Fund (IMF):
- The International Monetary Fund was established in 1944 at the Bretton Woods Conference.
- The IMF provides financial assistance to countries facing balance of payments crises.
- The IMF’s headquarters is located in Geneva, Switzerland.
How many of the above is/are not correct?
Which of the following best explains the term “Monsoon Trough”?
Consider the following statements:
- The Agreement on Trade-Related Investment Measures (TRIMs) is a WTO agreement that deals with investment measures related to trade in goods.
- TRIMs prohibits investment measures such as local content requirements and trade balancing requirements that distort international trade.
Which of the statements given above is/are correct?
Which of the following best describes the primary objective of the Monetary Policy Committee?
The debate on mandatory menstrual leave in workplaces, recently discussed by the Supreme Court of India, is primarily associated with which of the following themes in public policy?
Consider the following statements regarding the economic and non-economic costs of modern wars:
- The Costs of War Project at Brown University estimated that the total budgetary cost and future obligations of the United States related to post-9/11 wars exceed $8 trillion.
- Military conflicts often generate indirect global economic costs, including higher crude oil prices and inflationary pressures.
- The United States Department of Defense is among the world’s largest institutional consumers of petroleum-based fuels.
How many of the statements given above are correct?
Consider the following statements regarding governance of Artificial Intelligence (AI):
- Participatory AI governance emphasises the involvement of citizens, civil society organisations, academia, and independent researchers in monitoring AI systems.
- AI governance has traditionally been dominated by state regulators who set standards and oversight mechanisms.
- Machine-learning systems can evolve after deployment, which makes regulation through static legal frameworks more challenging.
- The risks and societal impacts of AI systems are primarily borne by technology companies that develop them.
How many of the statements given above are correct?