Current Affairs Quiz 17 January 2023
6. “World Employment and Social Outlook: Trends 2023” report is released by
(A) International Labour Rights Forum
(B) World Bank (WB)
(C) World Economic Forum (WEF)
(D) International Labour Organisation (ILO)
Show Answer
Correct Answer: (D)
Why this question?
Recently, International Labour Organization (ILO) releases the report titled “World Employment and Social Outlook: Trends 2023”.
Explanation:
About “World Employment and Social Outlook: Trends 2023” Report:
- It is an annual report of ILO that provides current trends in labour productivity growth and detailed labour market projection for 2023 and 2024.
Important findings of report:
- In 2023, global employment rate will grow by 1% and employment rate has been pegged at 5.8%.
- Women’s labour force participation rate stood at 47.4% in 2022, compared to man at 72.3%.
- Annual Employment Growth rate is projected to be around 1% for Asia and Pacific nations.
About International Labour Organisation (ILO):
- It is a specialised agency of United Nations (UN) headquartered in Geneva, Switzerland.
- It was established in 1919 as part of Treaty of Versailles.
- Other reports published by ILO:
- Global Social Protection Report
- Global Wage Report
- Social Dialogue Report 2022
7. Consider the following statements regarding National Financial Reporting Authority (NFRA):
- It is constituted under Companies Act 2013..
- It is an independent regulator to oversee auditing profession and auditing standards.
- NFRA has the same power as a civil court while trying a suit.
Which of the statements given above is/are correct?
(A) 1 only
(B) 1 and 2 only
(C) 2 and 3 only
(D) 1, 2 and 3
Show Answer
Correct Answer: (D)
Explanation: All options are correct.
Why this question?
- Recently, NFRA has prepared a draft guidelines for auditors to prepare and publish annual transparency report to increase transparency in management of audit firms.
Other important points:
- NFRA jurisdictions extends to all listed firms and large unlisted firms.
8. “Survival of the Richest”report is released by
(A) Oxfam International
(B) World Bank (WB)
(C) World Health Organization (WHO)
(D) United Nations Department of Economic and Social Affairs
Show Answer
Correct Answer: (A)
Why this question?
Recently, Oxfam International has published a report titled “Survival of the Richest”.
Explanation:
Important findings related to India:
- Top 1% holds more than 40% of country’s total wealth.
- Female workers are still paid only 63 paise for every ₹ 1 earned by male worker.
- Since the pandemic, billionaire wealth increased by 121%.
9. Exercise “Varuna” is conducted between India and ………………
(A) Japan
(B) UK
(C) France
(D) USA
Show Answer
Correct Answer: (C)
Why this question?
- Recently, bilateral naval exercise “Varuna” is conducting between India and France.
10. Katernaighat Wildlife Sanctuary is located in
(A) Assam
(B) Rajasthan
(C) Andhra Pradesh
(D) Uttar Pradesh
Show Answer
Correct Answer: (D)
Why this question?
- In the news. Forest Department officials are providing skill development training to local people.
Current Affairs Quiz 16 January 2023
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