Daily Current Affairs Prelims Quiz 21-11-2022 (Online Prelims Test)

1) Consider the following statements with respect to the Gandhi-Mandela Award:

1. It is the award jointly awarded by the governments of India and South Africa.
2. The award is given to personalities who have carried forward the legacies of Gandhi and Mandela and made contributions in the fields of Peace.
3. Only citizens from India and South Africa are eligible for this award.

Which of the above statement(s) is/are correct?

2) Consider the following statements with respect to the Global Partnership on Artificial Intelligence (GPAI):

1. It is an international initiative to support responsible and human-centric development and use of Artificial Intelligence (AI).
2. India joined the forum in 2020 and is a founding member.
3. India will be the next president of the forum in the year 2024.

Which of the above statement(s) is/are correct?

3) Which of the following statements is associated with the term Friendshoring, recently seen in news?

4) Consider the following statements with respect to the term Stampede Liquidation:

1. It is the act of multiple market participants wanting to withdraw their deposits at once, in panic leading to a severe correction in the price.
2. It generally occurs prior to an economic meltdown, with low investments in public expenditure.

Which of the above statement(s) is/are correct?

5) Consider the following statements with respect to the Loss and Damages Fund:

1. It is an initiative of the Global Climate Forum (GCF).
2. It aims to provide financial assistance to poor nations stricken by climate disaster.
3. The Santiago Network on vulnerable developing countries is associated with this fund.

Which of the above statement(s) is/are correct?