world organisations section 3 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) encouraging capital-intensive industries
(b) reducing inequalities of income distribution
(c) increasing employment in agriculture
(d) increasing export-earning capacity of the borrower country
The correct answers to the above question in:
Answer: (a)
Structural adjustments are the policies implemented by the International Monetary Fund (IMF) and the World Bank (the Bretton Woods Institutions) in developing countries.
These policy changes are conditions for getting new loans from the International Monetary Fund (IMF) or World Bank, or for obtaining lower interest rates on existing loans.
Conditionalities are implemented to ensure that the money lent will be spent in accordance with the overall goals of the loan. The Structural Adjustment Programs (SAPs) are created with the goal of reducing the borrowing country’s fiscal imbalances.
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Question : 1
The capital of IMF is made up by contribution of the
a) borrowings
b) member nations
c) credit
d) deficit financing
Answer »Answer: (b)
Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily.
The IMF’s membership is divided along income lines: certain countries provide the financial resources while others use these resources. Both developed country “creditors” and developing country “borrowers” are members of the IMF.
The developed countries provide the financial resources but rarely enter into IMF loan agreements; they are the creditors.
Question : 2
The Secretary General of UNO is appointed by
a) the General Assembly on the recommendations of the Security Council
b) the International Court of Justice
c) the General Assembly
d) the Security Council
Answer »Answer: (a)
Secretaries-General serve for five-year terms that can be renewed indefinitely, although none so far has held office for more than two terms. The United Nations Charter provides for the Secretary-General to be appointed by the General Assembly upon the recommendation of the Security Council.
As a result, the selection is subject to the veto of any of the five permanent members of the Security Council. While the appointment and approval process of the Secretary-General is outlined in the UN Charter, specific guidelines have emerged regarding the term limits and selection process.
These include a limit to two five-year terms, regional (continental) rotation of the appointee’s national origin, and the appointee may not be a citizen of any of the Security Council’s five permanent members.
Note: Article 97 of the United Nations Charter determines that the Secretary-General is “appointed by the General Assembly upon the recommendation of the Security Council.”
As the recommendation must come from the Security Council, any of the five permanent members of the Council can veto a nomination.
António Guterres is a Portuguese politician and diplomat who is serving as the ninth Secretary-General of the United Nations. Previously, he was the United Nations High Commissioner for Refugees between 2005 and 2015.
Question : 3
Which one country is not a permanent member of the Security Council of the United Nations ?
a) United States of America
b) Russia
c) France
d) Germany
Answer »Answer: (d)
The Security Council is made up of 15 member states, consisting of 5 permanent members–
- China,
- France,
- Russia,
- the United Kingdom and
- the United States–and
10 non-permanent members, currently
- Azerbaijan,
- India,
- South Africa,
- Colombia,
- Morocco,
- Togo,
- Germany,
- Pakistan,
- Guatemala, and
- Portugal.
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.
The United Nations Headquarters resides in international territory in New York City, with further main offices at Geneva, Nairobi, and Vienna.
The organization is financed from assessed and voluntary contributions from its member states and has six official languages:
- Arabic,
- Chinese,
- English,
- French,
- Russian, and
- Spanish.
Question : 4
The term of a non-permanent member of the U.N. Security Council is
a) 2 years
b) 1 year
c) 3 years
d) 6 months
Answer »Answer: (a)
There are 10 non-permanent members in the United Nations Security Council, with five elected each year to serve two-year terms. This basic structure is set out in Chapter V of the UN Charter.
Question : 5
Who was the chief weapons inspector of the United Nations in Iraq ?
a) Davis Kay
b) David Kelly
c) Hans Blix
d) Mohammed Ei Baradei
Answer »Answer: (c)
Hans Martin Blix (born 28 June 1928) is a Swedish diplomat and politician for the Liberal People’s Party. He was Swedish Minister for Foreign Affairs (1978–1979).
Blix was also the head of the United Nations Monitoring, Verification and Inspection Commission from March 2000 to June 2003, when he was succeeded by Dimitris Perrikos.
In 2002, the commission began searching Iraq for weapons of mass destruction, ultimately finding none. In February 2010, the Government of the United Arab Emirates announced that Blix will be the head of an advisory board for its nuclear power program.
Question : 6
Who of the following has been appointed as the eleventh President of the World Bank for a five year term with effect from July 1, 2007?
a) David Morgan
b) Robert Zoellick
c) John Wolfensohn
d) Paul Wolfowitz
Answer »Answer: (b)
Robert Bruce Zoellick was the eleventh president of the World Bank, a position he held from July 1, 2007, to June 30, 2012. He was previously a managing director of Goldman Sachs, United States Deputy Secretary of State (resigning on July 7, 2006) and the U.S.
Trade Representative, from February 7, 2001, until February 22, 2005. Zoellick has been a senior fellow at his alma mater Harvard Kennedy School since his retirement from the World Bank on July 1, 2012.
President George W. Bush nominated Zoellick on May 30, 2007, to replace Paul Wolfowitz as President of the World Bank. On June 25, 2007, Zoellick was approved by the World Bank’s executive board.
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.
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