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

Answer: (a)

There are 5 veto-wielding permanent members in the United Nations Security Council—China, France, Russia, the United Kingdom, and the United States— based on the great powers that were the victors of World War II.

Answer: (c)

Term of non-permanent members in the Security Council is two-years.

Answer: (c)

The World Economic Outlook (WEO) is a survey conducted and published by the International Monetary Fund. It is published biannually and partly updated two times a year. It portrays the world economy in the near and medium context, with projections for up to four years into the future.

Answer: (a)

New money is created by the central bank of a country. A central bank may introduce new money into the economy (termed ‘expansionary monetary policy’) by purchasing financial assets or lending money to financial institutions.

Also, in a broader sense, it could be said that commercial banks introduce new money by multiplying base money created by the central bank through fractional reserve banking; this expands the amount of broad money (i.e. cash plus demand deposits) in the economy.

Answer: (c)

Mrs Mary Robinson became the United Nations High Commissioner for Human Rights on 12 September 1997, following her nomination to the post by United Nations Secretary-General Kofi Annan and the endorsement of the General Assembly.

She assumed responsibility for the UN human rights pro- gramme at the time when the Office of the High Commissioner and the Centre for Human Rights were consolidated into a single Office of the High Commissioner for Human Rights (OHCHR).

Mrs Robinson came to the United Nations after a distinguished, seven-year tenure as President of Ireland. Mrs Robinson was the first Head of State to visit Rwanda in the aftermath of the 1994 genocide there.

Note: Prince Zeid bin Ra’ad Zeid al-Hussein is the current United Nations High Commissioner for Human Rights, having taken up this post in September 2014.