world organisations section 4 MCQ Questions & Answers Detailed Explanation

Answer: (b)

The first session was convened on 10 January, 1946 in the Westminster Central Hall in London and included representatives of 51 nations. The United Nations General Assembly (UNGA/GA) is one of the six principal organs of the United Nations and the only one in which all member nations have equal representation.

Its powers are to oversee the budget of the United Nations, appoint the non-permanent members to the Security Council, receive reports from other parts of the United Nations and make recommendations in the form of General Assembly Resolutions. It has also established a wide number of subsidiary organs.

Answer: (b)

The International Monetary Fund is headquartered in Washington, D.C., United States. It is an international organization that was created on July 22, 1944 at the Bretton Woods Conference.

Answer: (d)

The International Development Association (IDA) is known as the ‘soft loan’ window of the World Bank since it offers concessional loans and grants to the world’s poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States.

Answer: (c)

Organization of the Petroleum Exporting Countries (OPEC) is a group consisting of 13 of the world’s major oil-exporting nations.

Founded in 1960, OPEC is a cartel that aims to manage the supply of oil in an effort to set the price of oil on the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries.

Answer: (d)

Non-alignment basically implies neutrality towards power blocs. Non-Aligned Movement was founded in 1961 and its first summit was held in Belgrade. The basic principles of NAM are to keep away, as far as possible, from the power blocs.

Answer: (d)

UNICEF (United Nations International Children's Emergency Fund) was established in 1946 in New York to deliver post-war relief to children.

Note: The United Nations Children’s Fund is a United Nations (UN) programme headquartered in New York City that provides humanitarian and developmental assistance to children and mothers in developing countries.

It is a member of the United Nations Development Group.