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 : International Monetary Fund helps India with

(a) grants at subsidised rates to stimulate private investment

(b) medium term capital to build up infrastructure

(c) short term capital to hide over any temporary difficulty in Balance of Payments

(d) long term capital for purposes of reconstruction and development

The correct answers to the above question in:

Answer: (d)

IMF and World Bank are Bretton Wood Twins. Both the institutions were established to promote international economic cooperation but a basic difference is found in the nature of economic assistance given by these two institutions.

World Bank provides long term loans for balanced economic development, while IMF provides short-term loans to member countries for eliminating BOP disequilibrium. Both these institutions are complementary to each other.

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Question : 1

Who is the President of the World Bank ?

a) Allen Greenspan

b) Rodrigo De Rato

c) Paul Wolfowitz

d) James Wolfensohn

Answer: (c)

Paul Dundes Wolfowitz is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of Defense, President of the World Bank, and former dean of the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University.

He is currently a visiting scholar at the American Enterprise Institute, working on issues of international economic development, Africa and public-private partnerships, and chairman of the US-Taiwan Business Council.

Note: Jim Yong Kim also known as Kim Yong is a South Korean-American physician and anthropologist who have served as the 12th President of the World Bank since July 1, 2012.

Headquarters of world bank-Washington, D.C., U.S

Question : 2

Which amidst the following is not a specialised agency of the UN ?

a) FAO

b) International Telecommunication Union

c) International Maritime Organisation

d) World Intellectual Property Organisation

e) None of These

Answer: (e)

IMO-headquartered in London, United Kingdom, is a specialized agency of the United Nations with 170 Member States and three Associate Members.

WIPO-The World Intellectual Property Organization (WIPO) is one of the 17 specialized agencies of the United Nations. WIPO was created in 1967 “to encourage creative activity, to promote the protection of intellectual property throughout the world.

ITU- The International Telecommunication Union, previously the International Telegraph Union, is the specialized agency of the United Nations which is responsible for information and communication technologies.

FAO-The Food and Agriculture Organization of the United Nations (FAO)is a specialized agency of the United Nations that leads international efforts to defeat hunger.

Question : 3

The International Monetary Fund (IMF) came into existence with :

a) Rome Conference

b) Brettonwoods Conference

c) Berlin Conference

d) London Conference

Answer: (b)

The International Monetary Fund (IMF) 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. It originally had 45 members.

The IMF’s stated goal was to stabilize exchange rates and assist the reconstruction of the world’s international payment system post-World War II. Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily.

Question : 4

Where is the headquarters of Botanical Survey of India located ?

a) Ootacmund

b) Kolkata

c) Lucknow

d) Darjeeling

Answer: (b)

Dr E.K. Janaki Ammal was appointed Officer on Special Duty on 14 October 1952. The reorganisation plan was finally approved by the Government of India on 29 March 1954, with Calcutta as the headquarters of the Botanical Survey of India.

Simultaneously, a Central Botanical Laboratory at Lucknow was established in December 1957 for studying the various aspects of plant biology like – cytology, plant physiology, plant chemistry, seed biology, ecology, etc.- in order to provide a multidisciplinary approach to conventional taxonomy.

Question : 5

Which of the following is the latest from India to be recognised by the UNESCO’s World Heritage Committee for its “outstanding universal value” ?

a) Kushinagar

b) Sarnath

c) Siliguri - Darjeeling Himalayan Railway

d) Mahabodhi temple complex at Bodhgaya

Answer: (d)

In June 2002, the Mahabodhi Temple became a UNESCO World Heritage Site, specifically nominated for the international World heritage program. The Mahabodhi Temple Complex is one of the four holy sites related to the life of the Lord Buddha, and particularly to the attainment of Enlightenment.

The first temple was built by Emperor Asoka in the 3rd century B.C., and the present temple dates from the 5th or 6th centuries. It is one of the earliest Buddhist temples built entirely in brick, still standing in India, from the late Gupta period.

Note: There are 35 (27 cultural, 7 natural and 1 mixed) World Heritage Sites in India that are recognized by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as of July 2016.

Three new sites – “Archaeological Site of Nalanda Mahavihara (Nalanda University)” at Nalanda, Bihar, “Capitol Building Complex – The Architectural Work of Le Corbusier” in Chandigarh and “Khangchendzonga National Park, Sikkim” has been added to the list in July 2016.

Question : 6

The five permanent members of the U.N. Security Council are

a) India, China, France, Russia, U.K.

b) China, France, Russia, U.K., U.S.

c) Germany, Italy, France, India, China

d) U.K., U.S., China, Australia, New Zealand

Answer: (b)

The permanent members of the United Nations Security Council, also known as the Permanent Five, include China, France, Russia, the United Kingdom, and the United States. The members represent the five great powers considered the victors of World War II.

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