World Organisations and Diversities Test 40

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World Organisations and Diversities Test 40

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Weekly Quiz Competition

Question 1
1 / -0

Nuclear fuel fabrication is done at the Nuclear Fuel Complex (NFC) at _________________.

A
Bengaluru

B
Hyderabad

C
Chennai

D
Mumbai
Question 2
1 / -0

Consider the following statements.
$$1$$. East Asia Summit(EAS) is formed in $$2005$$ with ASEAN in a leadership position.
$$2$$. The first EAS summit was held in Kuala Lumpur, Malaysia.
Which of the statements given is/are correct?

A
Only $$1$$

B
Only $$2$$

C
Both $$1$$ and $$2$$

D
Neither $$1$$ nor $$2$$

Solution

The East Asia Summit is a unique Leaders-led forum of 18 countries of the Asia-Pacific region formed to further the objectives of regional peace, security and prosperity. It has evolved as a forum for strategic dialogue and cooperation on political, security and economic issues of common regional concern and plays an important role in the regional architecture. Established in 2005, EAS allows the principal players in the Asia-Pacific region to discuss issues of common interest and concern, in an open and transparent manner, at the highest level.
Question 3
1 / -0

Consider the following statements relating to the World Trade Organisations(WTO):
$$1$$. The WTO deals with the global rules of trade between nations.
$$2$$. The goal of the WTO is to help producers of goods and services, exporters and importers to conduct their business.
$$3$$. The WTO, which is a successor body of the General Agreement on Tariffs and Trade, came into being following the Uruguay Round of Negotiations.
$$4$$. The WTO distances itself in framing of rules on trade in intellectual property rights.
Which of the statements given are correct?

A
$$1, 2$$ and $$3$$

B
$$2, 3$$ and $$4$$

C
$$1, 2$$ and $$4$$

D
$$1$$ and $$3$$

Solution

The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their Parliaments.
Question 4
1 / -0

Which of the following statements about International Monetary Fund (IMF) are correct?
$$1$$. The IMF is a United Nations specialised agency.
$$2$$. The IMF was founded at the Bretton Woods Conference in $$1994$$ to secure international monetary cooperation.
$$3$$. Chinese Yuan is included in SDR Basket.
Select the correct answer using the codes given.

A
$$1, 2$$ and $$3$$

B
$$2$$ and $$3$$

C
$$1$$ and $$2$$

D
$$1$$ and $$3$$

Solution

Created in 1945, the International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. It was conceived at a UN conference in Bretton Woods, New Hampshire, United States, in July 1944. The Special Drawing Rights (SDR) is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. The currency value of the SDR is determined by summing the values in U.S. dollars, based on market exchange rates, of a basket of major currencies (the U.S. dollar, Euro, Japanese yen, pound sterling and the Chinese renminbi).
Question 5
1 / -0

Consider the following statements:
1. The Integrated Guided Missile Development Programme was launched in 1983.
2. The National Cadet Corps (NCC) was established in 1948.
3. The Territorial Army is a voluntary part time citizen Army.
4. The Indian Coast Guard came into existence in 1978.
Which of the statements given above is/are not correct?

A
1, 2, 3 and 4

B
1, 2 and 4

C
Only 3

D
Only 4
Question 6
1 / -0

Consider the following statements.
$$1$$. MMTC Limited is India's largest international trading organisation.
$$2$$. Neelanchal Ispat Nigam Limited has been set-up by MMTC jointly with the Government of Odisha.
Which of the statements given is/are correct?

A
Only $$1$$

B
Only $$2$$

C
Both $$1$$ and $$2$$

D
Neither $$1$$ nor $$2$$

Solution

MMTC Limited (Metals and Minerals Trading Corporation of India) is the largest international trading company in India and has been in existence for almost five decades. Its vast international trade network, which includes a wholly owned subsidiary in Singapore covers almost all countries in Asia, Europe, Africa, America etc. giving MMTC global market coverage. Neelachal Ispat Nigam Limited (NINL) is a company promoted by MMTC Ltd, Industrial Promotion and Investment Corporation of Orissa limited.
Question 7
1 / -0

Which of the following treaties marked the establishment of the European Union?

A
Maastricht Treaty

B
Treaty of Paris

C
Treaty of Rome

D
Treaty of Lisbon

Solution

The Maastricht Treaty (officially called the Treaty of the European Union) was signed on February 7, 1992 and entered into force on November 1, 1993. The treaty established a European Union (EU), with EU citizenship granted to every person who was a citizen of a member state. EU citizenship enabled people to vote and run for office in local and European Parliament elections in the EU country in which they lived, regardless of their nationality.
Question 8
1 / -0

Consider the following statements:
$$1$$. India is a member of the Asia Pacific Economic Co-operation(APEC) Forum.
2. Russia is a member of North Atlantic Treaty Organisation(NATO).
Which of the statements given is/are correct?

A
Only $$1$$

B
Only $$2$$

C
Both $$1$$ and $$2$$

D
Neither $$1$$ nor $$2$$

Solution

APEC is the premier Asia-Pacific economic forum whose primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region. North Atlantic Treaty Organization (NATO) is basically a military alliance, born out of the North Atlantic Treaty on 4th of April, 1949. It is a political and military alliance whose primary goals are the collective defence of its members and the maintenance of a democratic peace in the North Atlantic area.
Question 9
1 / -0

What is International Development Association?

A
A voluntary association of developing countries

B
A federation of international leading agencies

C
An affiliate of World Bank

D
An organisation of donor countries of European Union

Solution

The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. IDA complements the World Bank’s original lending arm—the International Bank for Reconstruction and Development (IBRD). IBRD and IDA share the same staff and headquarters and evaluate projects with the same rigorous standards.
Question 10
1 / -0

Where was the First Non-Aligned Movement(NAM) Meet held?

A
New Delhi

B
Cairo

C
Belgrade

D
Havana

Solution

The Non-Aligned Movement was formed during the Cold War, largely on the initiative of then-Yugoslav President Josip Broz Tito, as an organization of States that did not seek to formally align themselves with either the United States or the Soviet Union but sought to remain independent or neutral. The First NAM Summit Conference took place in Belgrade, Yugoslavia, in September 1961.

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Re-Attempt Weekly Quiz Competition

World Organisations and Diversities Test 40

Result

World Organisations and Diversities Test 40

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SHARING IS CARING

Question 1

Bengaluru

Hyderabad

Chennai

Mumbai

Question 2

Only $$1$$

Only $$2$$

Both $$1$$ and $$2$$

Neither $$1$$ nor $$2$$

Solution

Question 3

$$1, 2$$ and $$3$$

$$2, 3$$ and $$4$$

$$1, 2$$ and $$4$$

$$1$$ and $$3$$

Solution

Question 4

$$1, 2$$ and $$3$$

$$2$$ and $$3$$

$$1$$ and $$2$$

$$1$$ and $$3$$

Solution

Question 5

1, 2, 3 and 4

1, 2 and 4

Only 3

Only 4

Question 6

Only $$1$$

Only $$2$$

Both $$1$$ and $$2$$

Neither $$1$$ nor $$2$$

Solution

Question 7

Maastricht Treaty

Treaty of Paris

Treaty of Rome

Treaty of Lisbon

Solution

Question 8

Only $$1$$

Only $$2$$

Both $$1$$ and $$2$$

Neither $$1$$ nor $$2$$

Solution

Question 9

A voluntary association of developing countries

A federation of international leading agencies

An affiliate of World Bank

An organisation of donor countries of European Union

Solution

Question 10

New Delhi

Cairo

Belgrade

Havana

Solution

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