The OECD global minimum corporate tax agreement aims to:
A. Increase import duties
B. Prevent profit shifting and tax avoidance
C. Promote export subsidies
D. Replace GST
✅ Answer: B
Explanation:
The agreement ensures global tax fairness and curbs base erosion and profit shifting (BEPS) .
Q16. WEF Global Risks Report 2026 describes the current global phase as:
A. Age of Cooperation
B. Age of Sustainability
C. Age of Competition
D. Age of Integration
✅ Answer: C
Explanation:
The report warns of an “Age of Competition” driven by geopolitical and technological rivalries.
Q17. INSV Kaundinya’s overseas voyage is significant because it:
A. Was India’s first naval exercise
B. Used nuclear propulsion
C. Revived ancient Indian maritime traditions
D. Was longest naval deployment
✅ Answer: C
Explanation:
INSV Kaundinya is a traditional stitched-plank vessel , showcasing India’s maritime heritage and soft power .
Q18. Adani–Embraer partnership will establish India’s first:
A. Helicopter assembly line
B. Defence drone facility
C. Commercial aircraft Final Assembly Line
D. Space launch vehicle unit
✅ Answer: C
Explanation:
The partnership sets up India’s first commercial fixed-wing aircraft FAL , boosting aerospace manufacturing.
Q19. The world’s first Global Ice Vault has been inaugurated in:
A. Greenland
B. Arctic Circle
C. Antarctica
D. Iceland
✅ Answer: C
Explanation:
The Global Ice Vault in Antarctica preserves ice core samples threatened by climate change.
Q20. DST–NIDHI Centre of Excellence launched at IIM Ahmedabad focuses on:
A. Rural livelihoods
B. Climate finance
C. Deep-tech entrepreneurship
D. Defence research
✅ Answer: C
Explanation:
The CoE promotes deep-tech innovation and technology translation .
Q21. International Spice Conference 2026 will be held in:
A. Guntur
B. Kochi
C. Kozhikode
D. Thrissur
✅ Answer: B
Explanation:
The 9th International Spice Conference (ISC 2026) will be organised in Kochi, Kerala .
Month: Current Affairs - January 19, 2026
Category: