Tag: trade and trade organisations

Questions Related to trade and trade organisations

What is the composition of the Council?

  1. Ministers of the Member States

  2. Ministers of the Non-Member States

  3. Representatives elected by the European Parliament

  4. None of these


Correct Option: A
Explanation:

The Council comprises ministers of the Member States. Its membership changes according to the matter under discussion, for instance it comprises national ministers of agriculture if agriculture is the topic under discussion. Unlike members of the European Commission, who are required to act independently of national governments, members of the Council represent national interest. The Presidency of the Council is held by each Member State, in turn, for six months.

In which year did the European Union get the noble prize?

  1. 2012

  2. 2014

  3. 2015

  4. 2016


Correct Option: A
Explanation:

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

Which of the following has a reputation for being a 'reluctant' member of the European Union?  

  1. France

  2. Germany

  3. United Kingdom

  4. Vetican


Correct Option: C
Explanation:

This reluctance was most in evidence shortly after Britian joined the EU in 1973. Two years later, a referendum was held asking voters whether they wanted to remain in the EU. The great majority of members of the Conservative Party were extremely hostile to the EU during the 1990s.

What is meant by the 'legal base' of an EU measure?

  1. The draft measure proposed by the European Commission

  2. The Treaty article conferring the power to legislate in a particular area

  3. Both a and b

  4. None of these


Correct Option: B
Explanation:

EU measures, generally comprising secondary legislation, can only be adopted by the EU institutions if the Treaty confers on them the power to legislate in the relevant area. The 'legal base' of an EU measure is the Treaty article conferring that power. The Treaty article forming the legal base also sets out the procedure and the voting requirements in the Council - unanimity, simple majority, or qualified majority - for the adoption of the legislation.

How does qualified majority voting currently operate in European Union?

  1. Any one Member State can veto a legislative proposal

  2. As a system of votes

  3. As a system of weighted votes

  4. All of these


Correct Option: C
Explanation:

Qualified majority voting operates as a system of weighted voting. The larger the Member State, the more votes it holds. For instance the larger Member States, such as France and Germany, hold 29 votes each and the smallest, Malta, holds only 3 votes. 

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.