17 Feb, 2024

1. Recently India has initiated an anti-dumping probe into imports of certain items from China and Vietnam. In this context consider the following statements about Anti Dumping Duty:

  1. Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a decline in expensive imports.
  2. The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.
  3. Anti-dumping measures are not allowed under the WTO Agreement.

How many of the above statements is/are correct?

2. With reference to the Stratospheric Observatory for Infrared Astronomy (SOFIA), consider the following statements:

  1. SOFIA is a joint project of NASA and the Indian Space Research Organisation (ISRO).
  2. It was used to make observations of complex molecules, new solar systems, and planets in the solar system.

Which of the statements given above is/are correct?

3. In a recent move, RBI has put restraints on a certain card network. In this context consider the following statements about card network:

  1. Card networks connect banks, merchants, and customers (card users) so that transactions can be carried out smoothly and securely.
  2. Card networks operate in the background every time a customer uses her card to make a payment.
  3. There are only three authorised card networks in India such as Visa, Mastercard and RuPay.

How many of the above statements is/are correct?

4. Consider the following statement about Sora which was recently in the news:

  1. Sora is a new AI model developed by Google AI.
  2. It has the capability to generate videos based on text prompts, and these videos can be up to one minute in length while maintaining a realistic appearance.
  3. It can create full videos in one go or add more to already created videos to make them longer.

Which of the statements given above is/are correct?

5. Which of the following statements is correct about the 'naughty boy' recently seen in the news: