1. When did the India-UAE Bilateral Investment Treaty (BIT) come into effect?
Correct answer: August 31, 2024. The treaty was aimed at boosting bilateral trade and investment between India and the UAE.
2. What major change was introduced in the India-UAE BIT regarding arbitration?
Correct answer: Arbitration period reduced to 3 years. This change ensures faster resolution of disputes under the treaty.
3. Which party won the Assembly elections in Haryana in 2024?
Correct answer: BJP. The party secured a majority in the Haryana Assembly elections in 2024, continuing its governance in the state.
4. Who led the alliance that won the mandate in Jammu & Kashmir in 2024?
Correct answer: INC-NC. The Congress-National Conference alliance emerged victorious in the Jammu & Kashmir elections, securing a stable majority.
5. Which hurricane has prompted evacuations in the Tampa Bay region in October 2024?
Correct answer: Hurricane Milton. This Category 4 hurricane brought severe weather conditions, leading to mass evacuations in Tampa Bay.
6. What tax hike in Pakistan has triggered widespread protests in 2024?
Correct answer: 40%. Pakistan implemented a 40% tax hike as part of its financial reform measures, leading to widespread public protests.
7. Who is leading the nine-member Constitution Reform Commission in Bangladesh?
Correct answer: Ali Riaz. A noted political scientist, Ali Riaz heads this commission, focusing on constitutional amendments and reforms in Bangladesh.
8. How much financial transaction have rural women (BC Sakhis) in Uttar Pradesh facilitated over the last four and a half years?
Correct answer: Rs 27,000 crore. This milestone highlights the role of BC Sakhis in promoting financial inclusion in rural Uttar Pradesh.
9. What decision did the RBI make regarding the repo rate in its October 2024 meeting?
Correct answer: Kept it unchanged at 6.5%. The RBI decided to maintain its monetary policy stance to control inflation.
10. How has the Indian rupee stabilized against the dollar in October 2024?
Correct answer: Below 84. The Indian rupee has stabilized against the US dollar due to strong foreign inflows and robust economic policies.
