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
48481
Global trade in 2025 was characterized by a trend known as 'geo-economic fragmentation', which refers to:
Answer:
The splitting of trade and investment flows along geopolitical lines
Fragmentation refers to countries trading more with geopolitical allies ('friend-shoring') and less with rivals, reducing global efficiency.
48482
Which country withdrew from China's Belt and Road Initiative (BRI) in 2024, signaling a shift in G7 economic policy?
Answer:
Italy
Italy officially withdrew from the BRI in 2024, becoming the first and only G7 nation to leave the infrastructure pact.
48483
In 2024-2025, the 'Magnificent Seven' stocks continued to drive market performance, primarily fueled by hype in:
Answer:
Artificial Intelligence (AI)
The massive valuation growth of US tech giants (Magnificent Seven) was largely driven by the boom in Generative AI technologies and infrastructure.
48484
Which organization hosted its first-ever summit on the African continent in November 2025?
Answer:
G20
The G20 Leaders' Summit was held in South Africa in November 2025, the first time the group has met on African soil.
48485
What was the primary driver of the 'sticky' inflation observed in the United States throughout 2025?
Answer:
New tariffs and trade protectionism
Economists attributed the persistent 'sticky' inflation in the US partly to new tariffs and trade fragmentation, which kept import prices elevated.
48486
Which Asian nation enacted a Free Trade Agreement with the Maldives that entered into force on January 1, 2025?
Answer:
China
The China-Maldives Free Trade Agreement officially entered into force on January 1, 2025, boosting Chinese exports to the island nation.
48487
The expiry of the 'Black Sea Grain Initiative' led to increased volatility in which global commodity market in 2024-2025?
Answer:
Wheat and Food Grains
The collapse of the grain deal affected global food security and prices, particularly for wheat and corn exports from Ukraine.
48488
Which major economy was projected to have the highest GDP growth rate among large economies in 2025, at over 6%?
Answer:
India
India remained the fastest-growing major economy, with growth projections remaining above 6% (approx. 6.5%) for 2025.
48489
The 'Digital Euro' project concluded its preparation phase in October 2025 and moved to which next stage?
Answer:
Building technical capacity and infrastructure
The ECB decided in late 2025 to move the digital euro to the next phase, focusing on building technical capacity and infrastructure ahead of a potential future issuance.
48490
Which country officially joined Project mBridge in 2024, adding significant weight to the platform's potential for non-dollar commodity settlements?
Answer:
Saudi Arabia
The Saudi Central Bank joined Project mBridge in 2024, a move seen as strategically important for potential cross-border commodity settlements.