world organisations section 2 MCQ Questions & Answers Detailed Explanation

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The following question based on world organisations topic of general awareness mcq

Questions : Under the rules of the IMF, each member is required to declare the par value of its legal tender money in terms of U.S. dollars and

(a) Diamond

(b) Pound sterling

(c) Silver

(d) Gold

The correct answers to the above question in:

Answer: (d)

In 1945, the Bretton Woods Agreement Act was enacted. Under the Article of Agreement of the I.M.F, each member of the IMF was required to establish a par value for its currency expressed in terms of gold, and to take appropriate measures to permit within its territories exchange transactions between its own currency and those of other IMF members for the official settlement of international transactions. Only the dollar remained convertible into gold at a price of $35 per ounce.

Each country decided what it wanted its exchange rate to be vis-à-vis the dollar and then calculated the gold par value of the currency based on that selected dollar exchange rate.

All participating countries agreed to try to maintain the value of their currencies within 1 per cent of the Par value by buying or selling currencies(or gold) as needed.

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Question : 1

According to the U.N. Convention on the rights of children which of the following is not a right?

a) Marriage

b) Education

c) Safe drinking water

d) Adequate standard of living

Answer: (a)

The Convention deals with the child-specific needs and rights. However, marriage is a social institution. It has not been listed as one of the rights or needs of children in the convention.

Question : 2

The five permanent members of the United Nations Security Council are

a) Germany, China, Russia, U.S.A., UK.

b) Japan, Germany, Russia, U.S.A., U.K.

c) Canada, China, France, US.A., UK.

d) China, France, Russia, U.S.A., UK.

Answer: (d)

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.

Question : 3

The headquarters of World Health Organisation (WHO) is at

a) Washington

b) Paris

c) London

d) Geneva

Answer: (d)

The World Health Organization (WHO) is a specialized agency of the United Nations (UN) that is concerned with international public health. It was established on 7 April 1948, with headquarters in Geneva, Switzerland, and is a member of the United Nations Development Group. Its predecessor, the Health Organization, was an agency of the League of Nations.

Question : 4

The Headquarters of World Trade Organisation(WTO) is situated in:

a) Washington, USA

b) London, UK

c) New Delhi

d) Geneva, Switzerland

Answer: (d)

The World Trade Organization (WTO) is headquartered at Centre William Rappard, Geneva, Switzerland. It is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

Question : 5

The United Nations officially came into existence on

a) June 26, 1945

b) October 24, 1945

c) January 1, 1942

d) October 3, 1944

Answer: (b)

The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace.

The UN was founded in 1945 after World War II to replace the League of Nations, to stop wars between countries, and to provide a platform for dialogue. It contains multiple subsidiary organizations to carry out its missions.

There are 193 member states, including every internationally recognized sovereign state in the world but Vatican City. From its offices around the world, the UN and its specialized agencies decide on substantive and administrative issues in regular meetings held throughout the year. The organization has six principal organs.

Question : 6

The UN flag was adopted by the General Assembly on

a) August 15, 1982

b) June 24, 1973

c) October 20, 1947

d) January 1, 1952

Answer: (c)

The flag of the United Nations was adopted on October 20, 1947, and consists of the official emblem of the United Nations in white on a blue background.

The emblem’s design is described as:

“A map of the world representing an azimuthal equidistant projection centred on the North Pole, inscribed in a wreath consisting of crossed conventionalized branches of the olive tree. The projection of the map extends to 60 degrees south latitude, and includes five concentric circles.”

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