world organisations section 1 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT general awareness mcq - 4 EXERCISES
The following question based on world organisations topic of general awareness mcq
(a) A.D.B
(b) I.D.A.
(c) I.M.F.
(d) I.B.R.D.
The correct answers to the above question in:
Answer: (d)
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.
The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. The term “World Bank” generally refers to just the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), whereas the term World Bank Group or WBG is used to refer to all five institutions collectively
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Question : 1
When was the Universal Declaration of Human Rights adopted by the U.N. General Assembly?
a) 1 January, 1953
b) 25 June, 1950
c) 24 October, 1945
d) 10 December, 1948
Answer »Answer: (d)
The Universal Declaration of Human Rights (UDHR) is a declaration adopted by the United Nations General Assembly on 10 December 1948 at Palais de Chaillot, Paris.
The Declaration consists of 30 articles that have been elaborated in subsequent international treaties, regional human rights instruments, national constitutions and laws.
Question : 2
Find the odd one out;
a) ASEAN.
b) EEC
c) NAFTA
d) NATO
Answer »Answer: (d)
NAFTA: North American Free Trade Agreement
NATO: North Atlantic Treaty Organisation
EEC: European Economic Community
ASEAN: Association of South-East Asian Nations.
NATO is a military alliance.
Question : 3
Where was the last Asia Pacific Economic Cooperation (APEC) Summit held ?
a) Beijing
b) New York
c) Sydney
d) Malaysia
Answer »Answer: (d)
The last annual meeting of APEC was held in Malaysia Kuala Lumpur (hosted virtually due to COVID-19). The annual meeting is conducted with pre-planned venues. It is listed in the public domain with adequate information.
Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim countries (formally Member Economies) that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region.
It was established in 1989 in response to the growing interdependence of AsiaPacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialized Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe (where demand had been declining).
Note: Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.
Its headquarters in Singapore. APEC Peru 2016 was the XXVIII year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Peru, at Lima.
APEC Vietnam 2017 is the year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Vietnam, which will culminate with the APEC Economic Leaders’ Meeting in Da Nang. APEC Papua New Guinea 2018.
APEC Chile 2019 (Cancelled). APEC Malaysia 20 November 2020. Next is scheduled around November 2021 in New Zealand, Auckland (Hosting Virtually)
Question : 4
In which year did the UN General-Assembly adopt the Universal Declaration of Human Rights?
a) 1955
b) 1952
c) 1945
d) 1948
Answer »Answer: (d)
The text was drafted in two years – between January 1947, when the Commission on Human Rights first met to prepare an International Bill of Human Rights, and December 1948, when the General Assembly adopted the Universal Declaration.
In 1998, the fiftieth anniversary of the Universal Declaration is being commemorated all over the world as Human Rights Year. The UN Charter obliges all member nations to promote “universal respect for, and observance of, human rights” and to take “joint and separate action” to that end.
The Universal Declaration of Human Rights, though not legally binding, was adopted by the General Assembly in 1948 as a common standard of achievement for all. The Assembly regularly takes up human rights issues.
The UN and its agencies are central in upholding and implementing the principles enshrined in the Universal Declaration of Human Rights. A case in point is supported by the UN for countries in transition to democracy
Question : 5
Whose cremation site has been named as “Shakti Sthal” ?
a) Rajiv Gandhi
b) Indira Gandhi
c) Sardar Vallabh Bhai Patel
d) Lal Bahadur Shastri
Answer »Answer: (b)
The Shakti Sthal is a huge greyish-red monolithic stone which serves as the memorial of former Indian Prime Minister Indira Gandhi. It literally means the place of power. This memorial lies near the Raj Ghat area in New Delhi.
Question : 6
WTO basically promotes
a) Multilateral trade
b) Unilateral trade
c) Financial support
d) Global peace
Answer »Answer: (a)
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.
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