Current Affairs MCQ for UPSC Exams – 26 August 2016

Current Affairs MCQ for UPSC Exams – 26 August 2016

Q.1- What is the process of selection/election of the World Bank president?

A. He is selected by the UN security council permanent members
B. He is elected by the permanent and non-permanent members of the UN security council
C. He is elected by the Un general assembly
D. None of the above

Q.2- With reference to `IFC Masala Bonds’, sometimes seen in the news, which of the statements given below is/are correct?

1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.

Select the correct answer using the code given below.

(a) 1 only
(h) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Q.3- Tigris and Euphrates rivers are part of which of the following civilizations?

A. Roman
B. Indus
C. Mesopotamia
D. None of the above

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