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MCQs - 2026-04

2331.
The agreement aims to address challenges related to taxing:
A Traditional stocks and bonds
B Cryptocurrencies, NFTs, and other digital assets
C Real estate transactions
D Commodity futures
2332.
The G7 framework for digital asset taxation includes a commitment to:
A Exempting all digital asset transactions from tax
B Enhanced information sharing among member countries
C Restricting the use of digital assets for trade
D Creating a new global digital currency
2333.
Which group of nations announced an agreement on a framework for digital asset taxation on April 1, 2026?
A G20
B BRICS
C G7
D OECD
2334.
Phase 2 of PAPSS expansion is focusing on integrating payment systems in which regions?
A North and West Africa
B East and Southern Africa
C Central and West Africa
D All African regions simultaneously
2335.
The primary objective of PAPSS is to:
A Increase reliance on correspondent banking
B Reduce the cost and time of intra-African trade payments
C Promote the use of foreign currencies for trade
D Restrict cross-border capital flows
2336.
PAPSS aims to facilitate cross-border transactions primarily in:
A US Dollars
B Euros
C Local African currencies
D Chinese Yuan
2337.
Which institution is a key partner in the development and rollout of PAPSS?
A International Monetary Fund (IMF)
B World Bank
C African Export-Import Bank (Afreximbank)
D Bank for International Settlements (BIS)
2338.
The Pan-African Payment and Settlement System (PAPSS) is an initiative of which organization?
A African Union Commission
B African Continental Free Trade Area (AfCFTA) Secretariat
C African Development Bank (AfDB)
D West African Economic and Monetary Union (WAEMU)
2339.
This agreement is expected to boost bilateral trade in which sector?
A Agriculture
B Textiles
C Digital services and e-commerce
D Automotive manufacturing
2340.
Which EU regulation is a significant benchmark for data protection standards that influences such agreements?
A RoHS Directive
B REACH Regulation
C General Data Protection Regulation (GDPR)
D EMAS Regulation