All Categories MCQs
Topic Notes: All Categories
General Description
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
48471
Which major payment network acquired the stablecoin platform 'Bridge' in late 2024, signaling a merger of traditional finance and crypto?
Answer:
Stripe
Stripe acquired the stablecoin platform Bridge for $1.1 billion in late 2024, a major bet on the future of stablecoins in global payments.
48472
The 'Paris Club' is an informal group of official creditors dedicated to:
Answer:
Resolving sovereign debt issues for debtor nations
The Paris Club is the primary forum for restructuring the official bilateral debt of developing countries facing financial distress.
48473
Which country’s stock market hit a 34-year high in 2024, finally surpassing its 1989 bubble era peak?
Answer:
Japan (Nikkei 225)
Japan's Nikkei 225 index finally broke its 1989 record high in early 2024, driven by corporate governance reforms and a weak yen.
48474
What is 'Friend-shoring', a trend that gained momentum in 2025?
Answer:
Relocating supply chains to politically allied countries
Friend-shoring is the practice of moving supply chains to countries that are geopolitical allies to reduce the risk of disruption from conflict or sanctions.
48475
In 2025, which asset class saw increased institutional adoption due to the approval of Spot ETFs in the US?
Answer:
Bitcoin / Cryptocurrency
The approval of Bitcoin Spot ETFs in the US (early 2024) paved the way for significant institutional capital to enter the crypto market throughout 2024 and 2025.
48476
The 'Carbon Border Adjustment Mechanism' (CBAM), which began its transition phase in late 2023, is a major trade policy of:
Answer:
European Union
CBAM is the EU's tool to put a carbon price on imports of steel, cement, and other goods, effectively a 'green tariff' that impacts global trade.
48477
Which European economy was forecast to have the slowest growth among major Eurozone nations in 2025, struggling with industrial stagnation?
Answer:
Germany
Germany was projected to have very weak growth (around 0.2% to 0.8%), often labeled the 'sick man of Europe' due to high energy costs and weak industrial output.
48478
The 'IMEC' economic corridor, promoted as a counter to the BRI, connects which regions?
Answer:
India, Middle East, Europe
The India-Middle East-Europe Economic Corridor (IMEC) is a massive infrastructure project designed to link Indian markets to Europe via the Arabian Peninsula.
48479
Which metal saw export controls imposed by China in 2023-2024, affecting the global semiconductor supply chain?
Answer:
Gallium and Germanium
China imposed export restrictions on Gallium and Germanium, two critical metals used in chipmaking, in response to Western tech sanctions.
48480
The OECD's 2025 Global Debt Report highlighted that developing countries are spending more on what than on health or education?
Answer:
Debt Interest Payments
A record number of developing countries now spend more on servicing their debt interest than they do on vital social services like health or education.