Practice Quiz set 4 - general awareness mcq Online Quiz (set-1) For All Competitive Exams

The United Nations’ system consists of the six principal organs established by the Charter of the United Nations: the General Assembly, the Security Council, the Economic and Social Council, the Trusteeship Council, the International Court of Justice, and the UN Secretariat. All these organs were established in 1945 when the UN was founded.

The International Development Association (IDA) is known as the ‘soft loan’ window of the World Bank since it offers concessional loans and grants to the world’s poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States.

The International Bank for Reconstruction and Development (IBRD) and its concessional lending arm, the International Development Association, are collectively known as the World Bank as they share the same leadership and staff. Established in 1944, it is an international financial institution that offers loans to middle-income developing countries.

The International Court of Justice is composed of fifteen judges elected to nine-year terms by the UN General Assembly and the UN Security Council from a list of persons nominated by the national groups in the Permanent Court of Arbitration.

The election process is set out in Articles 4–19 of the ICJ statute. Elections are staggered with five judges elected every three years, in order to ensure continuity within the court.

The United Nations Organisation (UNO) is an intergovernmental organization established on 24 October 1945 to promote international cooperation. It was founded to replace the League of Nations following World War II and to prevent another conflict.

There are 15 members of the Security Council. There are also 10 non-permanent members, with five elected each year to serve two-year terms. This basic structure is set out in Chapter V of the UN Charter.

The current non-permanent members are Colombia, India, Germany, Portugal, South Africa, Azerbaijan, Guatemala, Morocco, Pakistan, and Togo.

UNICEF (United Nations International Children's Emergency Fund) was established in 1946 in New York to deliver post-war relief to children.

Note: The United Nations Children’s Fund is a United Nations (UN) programme headquartered in New York City that provides humanitarian and developmental assistance to children and mothers in developing countries.

It is a member of the United Nations Development Group.

Organization of the Petroleum Exporting Countries (OPEC) is a group consisting of 13 of the world’s major oil-exporting nations.

Founded in 1960, OPEC is a cartel that aims to manage the supply of oil in an effort to set the price of oil on the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries.

The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995, under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948.

The organization deals with the regulation of trade between participating countries; it provides a framework for negotiating and formalizing trade agreements, and a dispute resolution process aimed at enforcing participants’ adherence to WTO agreements which are signed by representatives of member governments and ratified by their parliaments.

Most of the issues that the WTO focuses on derive from previous trade negotiations, especially from the Uruguay Round

The International Monetary Fund is headquartered in Washington, D.C., United States. It is an international organization that was created on July 22, 1944 at the Bretton Woods Conference.