Daily Current Affairs based MCQs – Must Practice – 06 July 2019 12/07/2019 – Posted in: DAILY MCQs

1.

Consider the following statements regarding General Agreement on Tariffs and Trade:

(1) GATT is a world trade organization pact.
(2) GATT is a successor of World Trade Organization.
(3) GATT aims to promote trade by reducing or eliminating trade barriers like customs duties.

Which of the statement/s given above is/are correct?

(a) 1 only
(b) 1 and 3 only
(c) 2 only
(d) 1 and 2 only

2.

Consider the following statement/s regarding One Nation One Grid concept:

(1) National Grid is the high-voltage electricity network in mainland India.
(2) National Grid is owned, operated, and maintained by Power Grid Corporation of India ltd.

Which of the statement/s given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 Nor 2

Solution: 1-B, 2-A