Home > Daily-mcqs
Daily-mcqs 12 Oct 2026
Q1:
Consider the following statements regarding the "Trade and Development Report 2026", recently in the news: 1. It is a flagship annual report published by the World Trade Organization (WTO) to evaluate geoeconomic vulnerabilities. 2. The report highlights that artificial intelligence (AI) related hardware and products have become a primary driver of global merchandise trade growth. 3. According to the report, global economic growth is projected to accelerate significantly in 2026 compared to 2025 due to rapid digitalization. Which of the statements given above is/are correct?
A: 1 and 2 only
B: Only 2
C: 2 and 3 only
D: 1, 2 and 3
Answer: B
Explanation:
Statement 1 is incorrect: The Trade and Development Report is the flagship annual report published by UN Trade and Development (UNCTAD), not the WTO. The 2026 report is titled "The Geoeconomics of Development".
Statement 2 is correct: The report highlights a narrow base for global trade expansion, explicitly pointing out that AI-related goods (such as chips and data center servers) have become the main driver of merchandise trade, accounting for about 42% of its growth. However, it warns that these gains are highly concentrated among a few countries and corporations.
Statement 3 is incorrect: Rather than accelerating, the report projects that global economic growth will slow down to 2.6% in 2026, down from 2.9% in 2025, due to mounting geoeconomic fragmentation, energy shocks, and high debt burdens.
Q2:
With reference to the findings of the UNCTAD Trade and Development Report 2026, consider the following statements: 1. Strategic sectors have seen a major decline in their total share of global greenfield investments as corporations de-risk. 2. Developed regions like Europe and North America continue to command a combined share of over 50% of global greenfield investments. 3. India emerged as a leading destination, capturing the highest single-country share of global greenfield investments within the 2020–2025 timeframe.
A: 1 and 2 only
B: 1 and 3 only
C: 2 and 3 only
D: 1, 2 and 3
Answer: C
Explanation:
Statement 1 is incorrect: In contrast to a decline, the report reveals that investment in strategic sectors rose sharply from 16% to 44% of global greenfield investments, showing that governments and corporations are actively concentrating capital in fields critical to national security (like semiconductors and clean energy).
Statement 2 is correct: The report draws attention to a heavy concentration of strategic wealth in advanced economies. Europe (28.4%) and North America (28.0%) combined make up over 56% of global greenfield investments.
Statement 3 is correct: Within the global landscape, India emerged as a leading destination for greenfield investments, securing a 5.7% share globally between 2020 and 2025, outpacing other major regional peers like Malaysia (4.0%), Indonesia (3.8%), and China (2.8%).
Q3:
Consider the following statements regarding Navanethem “Navi” Pillay, the recipient of the Nobel Peace Prize 2026: 1. She served as the first Black woman to start a law practice in Natal Province, South Africa. 2. She served as the President of the International Criminal Tribunal for Rwanda (ICTR). 3. She was the first South African to earn a doctorate in law from Harvard University. 4. She served as the United Nations High Commissioner for Human Rights from 2008 to 2014. How many of the statements given above are correct? ·
A: Only 1
B: Only 2
C: Only 3
D: All four
Answer: D
Explanation:
Q4:
With reference to the Nobel Peace Prize 2026 and the role of international law in global peace, consider the following statements: 1. The Norwegian Nobel Committee awards the Nobel Peace Prize in Oslo, Norway, whereas the other Nobel prizes are awarded in Stockholm, Sweden. 2. Navi Pillay's recognition underscores the core principle that sustainable global peace requires institutional accountability, justice, and the prosecution of war crimes. 3. The International Criminal Court (ICC), where Pillay also served as a judge, is a principal judicial organ of the United Nations.
A: 1 and 2 only
B: 2 and 3 only
C: Only 1 and 3
D: 1, 2 and 3
Answer: A
Explanation:
Q5:
With reference to the Permanent Labour Certification Programme (PERM) and the recent United States administration action, consider the following statements: 1. The PERM programme is administered by the US Department of Labor and serves as a mandatory initial step for employers seeking to sponsor foreign workers for employment-based permanent residency (Green Cards). 2. The recent suspension bars selected IT and technology firms (such as Infosys, TCS, Wipro, HCL, Cognizant, and Capgemini) from filing new or processing pending PERM applications. 3. This suspension immediately invalidates the existing H-1B visas and current legal status of all foreign workers currently employed by these firms in the US. Which of the statements given above is/are correct? ·
A: 1 and 2 only
B: 2 and 3 only
C: Only 1 and 3
D: 1, 2 and 3
Answer: A
Explanation:
Statement 1 is correct: The Permanent Labour Certification Programme (PERM) is managed by the US Department of Labor (DoL). It requires employers to test the US job market and prove that there are no qualified, willing, and able US workers available for the offered position before sponsoring a foreign national for a Green Card.
Statement 2 is correct: In October 2026, the US administration (under the Anti-Fraud Task Force and DoL) suspended major IT outsourcing and technology giants—including Cognizant, Infosys, Tata Consultancy Services (TCS), Wipro, HCL, Capgemini, Microsoft, and Adobe—from the PERM process over ongoing investigations into alleged immigration fraud, wage undercutting, and displacement of American workers.
Statement 3 is incorrect: According to clarifications issued by India’s Ministry of External Affairs (MEA) and US immigration rules, the PERM suspension halts green card sponsorship steps (new or pending PERM filings), it does not by itself revoke or invalidate the existing H-1B visas or legal status of current visa holders residing and working in the US. However, it creates severe hurdles for H-1B workers nearing their 6-year visa limits who rely on timely PERM filings to seek extensions.