APEC - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about APEC?

1. Ecuador is a member of APEC.
2. The venue for 2015 APEC summit is Phillipines.

a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Only 2

Explanation:
India, Bangladesh, Pakistan, Sri Lanka, Macau, Mongolia,Laos,Cambodia, Costa Rica, Colombia, Panama,and Ecuador,are among a dozen other economies seeking membership of APEC.
2)   Which of the following statements are correct?

1. APEC has its headquarters at Singapore.
2. India has observer status in APEC.
3. All countries which border pacific ocean are members of APEC.
4. Laos is member of APEC.

a. 1,3,4
b. 1,2,3
c. 2,3,4
d. All of the above
Answer  Explanation 

ANSWER: 1,2,3

Explanation:
Laos is a landlocked country seeking APEC membership.

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