world organisations section 3 Practice Questions Answers Test with Solutions & More Shortcuts

Answer: (d)

The North Atlantic Treaty Organization or NATO also called the (North) Atlantic Alliance, is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949. The organization constitutes a system of collective defence whereby its member states agree to mutual defence in response to an attack by any external party.

NATO’s headquarters are in Brussels, Belgium, one of the 28 member states across North America and Europe, the newest of which, Albania and Croatia, joined in April 2009.

An additional 22 countries participate in NATO’s Partnership for Peace, with 15 other countries involved in institutionalized dialogue programs. The combined military spending of all NATO members constitutes over 70% of the world’s defence spending.

Answer: (a)

Essentially, the WTO is a place where member governments go to try to sort out the trade problems they face with each other. The first step is to talk. The WTO was born out of negotiations, and everything the WTO does is the result of negotiations.

Answer: (b)

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 and came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement.

Answer: (c)

Human Development Index (HDI) is published by the United Nations Development Programme (UNDP), the global development network of the United Nations.

HDI is a statistical tool used to measure a country’s overall achievement in terms of health of people, their level of education attainment and their standard of living.

Answer: (d)

World Trade Organisation came into being on January 1, 1995 when the GATT (General Agreement on Tariffs and Trade) formally transformed itself into this organisation. Its headquarters is in Geneva.