world organisations section 4 MCQ Questions & Answers Detailed Explanation

Answer: (c)

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

Answer: (c)

Zia-ul-Rehman, the former President of Bangladesh, was the chief architect of SAARC. It was he who first proposed a trade bloc in the South Asian region.

Answer: (c)

The United Nations Organization was established on 24 October 1945, to promote international cooperation. A replacement for the ineffective League of Nations, it was created following the Second World War to prevent another such conflict.

At its founding, the UN had 51 member states; the number has now increased to 193.

Answer: (b)

The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations (UN).

Its purpose is to contribute peace and security by promoting international collaboration through education, science, and culture in order to further universal respect for justice, the rule of law, and human rights along with fundamental freedom proclaimed in the UN Charter.

Answer: (b)

Greenpeace is the leading independent campaigning organisation that uses peaceful direct action and creative communication to expose global environmental hazards and conserve enivironment.

Answer: (c)

The Organization of the Petroleum Exporting Countries is an intergovernmental organization of twelve oil-producing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.

OPEC has had its headquarters in Vienna since 1965 and hosts regular meetings among the oil ministers of its Member Countries.

Indonesia withdrew in 2008 after it became a net importer of oil, but stated it would likely return if it became a net exporter again.