Tag: trade

Questions Related to trade

Parliament of European Union gets elected after ___________.

  1. 5 years

  2. 7 years

  3. 6 years

  4. 3 years


Correct Option: A
Explanation:

The Parliament of European Union gets elected after every 5 years by the citizens of European Union.

How many members did the Union count when the Euro began circulation in January 2000?

  1. 16

  2. 15

  3. 17

  4. 20


Correct Option: B
Explanation:

There are 15 members did the Union count. Namely; Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Portugal, Spain, Sweden, The Netherlands and the United Kingdom.

European Union got noble prize in the field of ____________.

  1. Economics

  2. Peace

  3. Medicine

  4. Chemistrty


Correct Option: B
Explanation:

In 2012, the EU won the Nobel Peace Prize of Peace for "Transforming Europe from a continent of war to a continent of peace."

Maastricht Treaty established politico-economic union known as _________.

  1. European Council

  2. European Union

  3. European Commission

  4. All of these


Correct Option: B
Explanation:

Maastricht Treaty established politico-economic union known as European Union which established in the year 1993.

Which of the following is the achievement of European Union?

  1. Establishment of Refugees

  2. Animal Welfare

  3. Nuclear Bomb development

  4. None of these


Correct Option: B
Explanation:

Animal welfare is the major achievement of European Union. To ensure that legislation is enforced through out European Union.

 Why did the European Union adopt a single currency?

  1. To establish a good market world wide

  2. To stop black marketing

  3. To bring all members under single roof

  4. All of these


Correct Option: D

Which one of the common long lasting policies of Euro?

  1. Economic

  2. Agriculture

  3. Humanities

  4. All of the above


Correct Option: B
Explanation:

The common Agricultural policy is the one of the lasting polices of the EU. It is focused on increasing agricultural production, providing certainty in food etc.

How many members do European Union currently have?

  1. 14

  2. 28

  3. 25

  4. 10


Correct Option: B
Explanation:

From its starting to till date EU have 28 countries as its member.

Genetically modified foods are the scientific research fields of _________.

  1. United States of America

  2. European Union

  3. United Kingdom

  4. None of these


Correct Option: B
Explanation:

Biotechnology helps in development of genetically modified food which is the scientific research field of EU.

What is the full form of ESCB?

  1. European Systems of Central Bank

  2. European Systems of Centre Bank

  3. European Systems of Central Board

  4. Eastern Systems of Central Bank


Correct Option: A
Explanation:

European Systems of Central Bank is the full form of ESPB.