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The CA Quiz 7 is a timed quiz focused on current affairs, allowing 20 minutes for completion with no negative marking. Participants are required to submit their responses after answering all questions. The quiz covers various topics including international trade, tariffs, and economic policies, with a total of 40 questions.

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trishala sharma
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8 views18 pages

4

The CA Quiz 7 is a timed quiz focused on current affairs, allowing 20 minutes for completion with no negative marking. Participants are required to submit their responses after answering all questions. The quiz covers various topics including international trade, tariffs, and economic policies, with a total of 40 questions.

Uploaded by

trishala sharma
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
Welcome to the CA Quiz 7 This quiz is designed to test your knowledge on current affairs. Total 20 minutes will be provided for completing the quiz. There is no negative marking, so attempt all questions. Make sure to submit the form after answering all questions. © Best of luck! x7 simranverma3566@[Link] Switch accounts @® draft saved * Indicates required question Email * Record simranverma3566@[Link] as the email to be included with my response Student Name * simran verma Enrollment Number * 24BSPJPO1C484 Email ID * simranverma3566@[Link] @ Request edit access Section * @a Os Oc Oo Oe Or Os Ou @ Request edit access SIP Faculty Guide * ®@0O0000000000000DDDCO0O00 Dr. Shweta Jain Dr. Archana Rathore Dr. Vidhu K. Mathur Dr. Shiv Kumar Dr. Shivangani Rathore Dr. Ruchi Gupta Dr. Avinash Gupta Dr. Brijesh Awasthi Dr. Punyashloka Patnaik Dr. Vaibhav Kaushik Dr. Prateek Khanna Dr. Sumedha Soni Ms. Krishna Kumari Solanki Dr. Rani Sharma Dr. Kuldeep Sharma Ms. Amrita Jaiswal Dr. Vinay Khandelwal Dr. Piyush Jhalani Dr. Neelam Bais Dr. Apoorva Tiwari Dr. Yamini Surolia Dr. Amita Chourasiya @ Request edit access Mr. Ajay Banerjee Dr. Namita Solanki CA Sukriti Khatri Dr. Vandana Sharma Dr. Jitendra Rathore Ms. Nitisha Bhargav Mr. Utkarsh Tikku Ms. Soniya Agarwal O00000000 Ms. Hemlata Artani 2 11. Which country was the world’s largest exporter in 20242 * United States France China C@O0O0O Japan Q2. Which sector is most impacted by the ongoing Red Sea shipping disruptions * (as on 2025)? O Agriculture @ Oiland Gas O Technology © Automotive @ Request edit access Q3. What is the main goal of the World Trade Organization (WTO)? * Provide loans to developing nations Reduce trade barriers Monitor military spending Manage currency exchange rates OO0@O0O Q4. Which country imposed a 104% tariff on Chinese goods in April 2025? * © dnited states O Germany © United Kingdom © Australia Q5. In response to U.S. tariffs, China imposed combined tariffs reaching what * percentage on all U.S. imports? O 50% O 70% @ 24% O 100% @ Request edit access Q6. Which European country's long-term borrowing costs reached a 30-year high * due to recent tariff implementations? O Germany © United Kingdom @ italy © Denmark Q7. Which U.S. pharmaceutical companies experienced significant stock value * declines after the announcement of impending tariffs on drugs? O Pfizer and Moderna ©@ Johnson & Johnson and Merck © AstraZeneca and GSK © EliLilly and Novartis Q8. On April 9, 2025, President Trump announced a 90-day pause on most tariffs, * reducing the reciprocal tariff rate to what percentage? O s% © % O 10% O 12% @ Request edit access Q9. Which U.S. city’s mayor expressed concern over the impact of tariffs on its * economy, noting that nearly half of its $13 billion in exports go to Canada? CO San Antonio O Houston O Chicago © oetroit Q10. What is the primary purpose of the International Monetary Fund (IMF)? * © To regulate international trade agreements. © To oversee the implementation of environmental policies © To manage international labor standards © To provide financial assistance and support global monetary cooperation Q11. Which Asian countries, key manufacturing hubs, face severe economic * consequences from high U.S. tariffs? © Japan, South Korea, and Taiwan ®@ Vietnam, Bangladesh, and Cambodia CO India, Pakistan, and Sri Lanka © Malaysia, Indonesia, and Thailand @ Request edit access Q12. The Trump administration aimed to eliminate non-tariff barriers (NTBs) —* such as product certification rules and food safety regulations in which regions? ©@ Canada and Mexico O China and India O Brazil and Argentina © European Union and Vietnam Q13. Economists warn that the sweeping tariffs on global imports may increase * the odds of a worldwide recession to what percentage? O 50% O 60% © 70% O 80% Q14, During the tariff pause, the U.S. increased tariffs on Chinese imports to what * percentage? O 100% O 125% O 130% © 150% @ Request edit access Q15. Which organization is primarily responsible for regulating international trade * and ensuring trade flows as smoothly, predictably, and freely as possible? O World Bank © World Trade Organization (WTO) © United Nations Conference on Trade and Development (UNCTAD) CO International Monetary Fund (IMF) Q16, What term describes the selling of products in a foreign market at a price * lower than their domestic price or cost of production? O Subsidizing ©@ dumping © auotas O Tariff escalation Q17. Which trade agreement includes countries such as Canada, Mexico, and the * United States? © Association of Southeast Asian Nations (ASEAN) © North American Free Trade Agreement (NAFTA) © Mercosur © European Union (EU) @ Request edit access Q18. Which economic theory suggests that countries should specialize in * producing goods for which they have the lowest opportunity cost? © Mereantilism CO Absolute Advantage ©@ Comparative Advantage CO Factor Proportions Theory Q19. What is the term for a tax imposed on imported goods and services? * @ Tariff O Embargo O Subsidy O auota Q20, Which trade pact focuses on digital trade among Indo-Pacific nations? * © indo-Pacifie Economic Framework (IPEF) CO ASEAN Digital Corridor CO international Trade © None of the above @ Request edit access Q21. Current Repo rate in India is O 5% O 5.25% O 6% @ 6.25% Q22. Which country blocked India's attempt to join the Regional Comprehensive * Economic Partnership (RCEP)? CO indonesia O Asstralia @ China O Vietnam Q23. By what percentage is Tata Sons increasing its stake in Tata Play? * ©» O 10% O 12% O 15% @ Request edit access Q24, Which Latin American country joined the BRICS group in 2024? * O Colombia ©@ Argentina O Pew O Chile Q25. Who is the current Managing Director of the IMF (2025)? * © Nogozi Okonjo-weala ©@ Kristalina Georgieva ©

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