The BRICS New Development Bank (NDB) has been set up for

A. Funding Infrastructure projects in emerging economics for sustainable development
B. Funding non – infrastructure projects in emerging economics for sustainable development
C. Funding infrastructure projects in developed countries
D. Funding infrastructural projects in BRICS countries only
✅ The correct answer is option A.
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). According to the Agreement on the NDB, “the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments.”

The Bali Ministerial Declaration and the ministerial decisions that were adopted on 7 December 2013 contained several issues. Which of the following are related to the Least – Developed Countries? 1. Preferential Rules of Origin for Least – Developed Countries. 2. Operationalized of the Waiver Concerning Preferential Treatment to Services. 3. Duty – Free and Quota – Free (DFQF) Market Access for Least – Developed Countries. Select the correct answer using the code given below.

A. 1, 2 and 3
B. 1 and 2 only
C. 1 and 3 only
D. 2 and 3 only
✅ The correct answer is option C.

Which of the following international organisations has started the scheme ‘Partnership for Peace’ for a group of nations?

A. Organisation of Petroleum Exporting Countries (OPEC)
B. Economic and Social Commission for Asia and Pacific (ESCAP)
C. North Atlantic Treaty Organisation (NATO)
D. Organisations of African Unity (OAU)
✅ The correct answer is option C.
NATO constitutes 28 member states across North America and Europe. The Partnership for Peace (PfP) is a programme of practical bilateral cooperation between individual Euro – Atlantic partner countries and NATO.

Electrification prior to the launch of ‘Saubhagya Scheme’. Which one of the following is not among them?

A. Kerala
B. Punjab
C. Himachal Pradesh
D. Madhya Pradesh
✅ The correct answer is option D.
Eight States which have already achieved more than 99 percent household electrification prior to launch of Saubhagya scheme are ineligible for participation under the award scheme. These eight states are Andhra Pradesh, Gujarat, Goa, Haryana, Himachal Pradesh, Kerala, Punjab and Tamil Nadu.