Which of the following statement(s) is/are correct about ‘Global Partnership on Artificial Intelligence’?

1. GPAI brings together member states to collaborate to promote responsible evolution of AI.

2. It is the first initiative of this kind for evolving better understanding of the challenges and opportunities around AI.

3. GPAI will be supported by a Secretariat to be hosted by Organisation for Economic Cooperation and Development (OECD) in Paris.

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Which of the following statement(s) is/are correct about the ‘Loss and Damage Fund’ agreed upon by parties at COP27?

1. It will be used to compensate poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution.

2. It is touted to be the world’s largest climate finance fund worth nearly $500 billion, to be managed by the World Bank as a trustee.

3. The developed countries will contribute 4/5th of the corpus of fund owing to their historical emissions.

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Which of the following statements is/are correct?

1. An anti-dumping duty (ADD) is a customs duty on imports to counter substantially lower prices charged by exporting firms.

2. Countervailing duty is a customs duty on goods to counter government subsidies in the originating or exporting country.

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Which of the followings statement(s) is/are correct about the ‘Directorate General of Trade Remedies’?

1. It is a single national entity which deals with all kinds of trade remedial measures.

2. It aims to provide a level playing field to the domestic industry against the unfair trade practices like dumping, subsidisation and surge in imports.

3. It works under the Ministry of Finance.

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Which of the following statement(s) is/are correct about ‘Gandhi Mandela Award’?

1. It is awarded annually by the Ministry of Culture to individuals and institutions for their contributions towards social, economic and political transformation through non-violence and other Gandhian methods.

2. It is open to all persons regardless of nationality, race, creed or gender.

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