UN Secretary General, has said that the reform of multilateral development banks (MDBs) will be a key theme at this year’s Summit of the Future, the flagship event of the SG’s term, to be held during the annual high-level UN General Assembly meeting this September. He also hailed the work done by the Indian G20 presidency in this regard.

In a meeting with NK Singh, the co-convenor of the independent expert group (IEG) on MDB reform set up during India’s G20 presidency, in New York last week, the UNSG recognised that while every presidency brings its own set of priorities to the table, there must continue to be a focus on issues such as MDB reform that have far-reaching consequences.

Source – https://www.hindustantimes.com/india-news/un-secy-g

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Passage 2

Recently, President Droupadi Murmu presented the prestigious Padma Awards of 2024 to a distinguished group of people.

Former Vice-President, actor-turned-politician, singer and tennis player were among a host of prominent personalities who were conferred with Padma awards by President Droupadi Murmu on Monday.

Gujarat-based cardiologist Tejas Madhusudan Patel, veteran Marathi film director Dattatray Ambadas Mayaloo alias Rajdutt and Chandreshwar Prasad Thakur, a physician known for his contribution to research and policy on Kala Azar, were the other notable Padma Bhushan recipients.

Source- https://www.thehindu.com/news/national/president-dro

25th APR 2024

First Name

Passage 1

1.The Summit of Future, to be held in September 2024, will be held at?

A. New York

B. Paris

C. Toronto

D. London

2. Which of this is incorrect about MDB (Multilateral Development Banks)?

A. MDBs are international financial institutions that provide financing and professional advice for economic and social development projects in developing countries.

B. They are formed and capitalised by multiple countries through pooled resources and shared representation on their boards.

C. They originated in the aftermath of World War II to rebuild war-ravaged nations and stabilise the global financial system.

D. Like other commercial banks, MDBs also seek to maximise profits for their shareholders.

3. India is a member of four of the how many constituents of the World Bank Group?

A. 5

B. 6

C.. 7

D. 8

4. . India is not a founding member of which of this?

A. ADB

B. AIIB

C. ICSID

D. NDB

5. With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements: 1. AIIB has more than 80 member nations. 2. India is the largest shareholder in AIIB. 3. AIIB does not have any members from outside Asia. Which of the statements given above is/are correct?

A. 1 only

B. 2 and 3 only

C. 1 and 3 only

D. 1, 2 and 3

Passage 2

6. The founder of Sulabh International _____ was conferred with Padma Vibhushan

A. Swami Nevaidya

B. Bindeshwar Pathak

C. Vibhashankar Kaushik

D. None

7. For 2024, the President had approved the conferment of how many Padma awards, including two duo cases (in a duo case, the Award is counted as one)?

A. 132

B. 136

C. 142

D. 146

8. Which of this is the highest in the hierarchy of Padma Awards?

A. Padma Shri

B. Padma Vibhushan

C. Padma Bhushan

D. Padma Ratna

9.Awards like "Bharat Ratna," "Padma Vibhushan," and "Padma Shri" are not prohibited under Article ___ because they signify state recognition of exceptional work by citizens in various fields.

A. 16

B. 17

C. 18

D. 23

10. Consider the following statements in respect of Bharat Ratna and Padma Awards: 1. Bharat Ratna and Padma Awards are titles under the Article 18(1) of the Constitution of India. 2. Padma Awards, which were instituted in the year 1954, were suspended only once. 3. The number of Bharat Ratna Awards is restricted to a maximum of five in a particular year. Which of the above statements are not correct?

A. 1 and 2 only

B. 2 and 3 only

C. 1 and 3 only

D. 1, 2 and 3