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As per a new report, which country’s e-waste generation per person tripled over the last two decades?
  • a)
    USA
  • b)
    Canada
  • c)
    Australia
  • d)
    Germany
Correct answer is option 'B'. Can you explain this answer?
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As per a new report, which country’s e-waste generation per pers...
A new study revealed that Canada’s e-waste has tripled over the last two decades. The e-waste generation per person has surged from 8.3 kilograms in 2000 to 25.3 kilograms in 2020. Canadians produced nearly one million tonnes of e-waste in 2020. That is expected to reach 1.2 million tonnes annually by 2030.
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As per a new report, which country’s e-waste generation per pers...
Has the highest number of COVID-19 cases currently?
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Directions: Study the following information carefully and answer the questions given beside.UK Prime Minister Rishi Sunak is heading to San Diego on March 12, 2023, to finalise the AUKUS deal — a trilateral security partnership between Australia, the UK and the US that will provide nuclear-powered submarines to Australia. The partnership was announced in [1] as part of the US and UKs strategies to more deeply with the Indo-Pacific, largely to counter Beijing’s assertiveness in the region, including what Canberra has described as Beijing’s "economic coercion”. Mr Sunak will have meetings on March 12 and March 13 with Australian Prime Minister Anthony Albanese and US President Joe Biden.Currently, only six countries have nuclear-fuelled submarines — [2], the US, the UK, France, Russia and China. Australia, whose fleet consists of six diesel-powered Collins-class submarines will be the seventh, once the AUKUS fleet is deployed. It would also work with the UK to design a new generation of submarines, using American technology. These would likely not be ready until the 2040s.Mr Sunak’s trip to the west coast of the US comes as the UK prepares to release its updated Integrated Review, a comprehensive statement about its security and foreign policy, which will be released on March 13, 2023.[Extracted, with edits and revisions, from: “Rishi Sunak, Joe Biden, Anthony Albanese to meet in San Diego to progressQ.Which country has India recently entered into a Young Professionals Scheme with?

Directions: Read the passage carefully and answer the questions given beside.It is quite timely that the Interdepartmental Group of the RBI has released a report on the internationalization of the rupee. The talk of making currencies international has gathered momentum ever since the US put an embargo on dealing with Russia. By blocking all payments through the SWIFT system to Russia, the message sent was this can happen to any country. This has led countries to seriously discuss the issue of de-dollarisation, with the internationalization of local currency as part of the package. If a group of countries decides to conduct business with one another in their currencies, then an optimal solution can be achieved. But the issue is that there will always be surpluses with some countries and deficits for others. Those with a deficit are better off using such arrangements while those with surpluses may not know how to use the currencies as they are not acceptable outside this perimeter. Therefore, while the regulation on foreigners or Indians holding rupees outside India can be liberalized, getting countries to accept the same is the challenge. Currently, one is not allowed to carry more than 25,000 outside the country. An argument put forward often is that this should be withdrawn because if there are takers for the same outside, it saves dollars for the country.There are some interesting facts that need to be considered when one looks at the internationalization of currencies. The first is that today around 60 percent of the world’s forex reserves are held in dollars,20 percent in euros, and 55.5 percent in yen and pounds each. Hence 90 percent of the holdings are in these four currencies. While China has tried its best to make inroads, the share of its currency is a mere 2.6 percent; slightly higher than the Canadian and the Australian dollar at 2.4 percent and 2 percent, respectively. Therefore, the size of the economy does not matter today. China, despite being the second largest economy, is unable to find greater global acceptance of its currency. Second, the structure of exports throws light on another aspect of global currencies. If a country exports a lot of goods, then there can be an incentive for countries to accept the currency as a mode of payment. World Bank data for 2021 shows that the euro region accounted for 26 percent of total global exports of $28.16 trillion. The US accounts for a share of only 9 percent, but the dollar is favored globally when it comes to holding forex reserves. China has the second-highest share in exports of 13.6 percent, but accounts for a much lower share in forex reserves. Japan follows next with 3.2 percent, Singapore 2.8 percent, South Korea 2.7 percent, Hong Kong 2.7 percent and India with 2.4 percent. Canada, Singapore and Russia had shares of around 2 percent each while Australia had a share of just 1.2 percent. The Australian dollar, however, is a preferred currency by the IMF when it comes to forex reserve holdings. India comes 9th in this ranking, and can hence pitch for inclusion as an international currency.Q.What is the primary challenge mentioned in the passage regarding the internationalization of currencies?

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As per a new report, which country’s e-waste generation per person tripled over the last two decades?a)USAb)Canadac)Australiad)GermanyCorrect answer is option 'B'. Can you explain this answer?
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