International Organisations GK Quiz-3

International Organisations GK Quiz-3

International Organisations Multiple Choice Questions (MCQs) Quiz for State and UPSC Civil Services Examinations. Objective Questions on International Organisations for competitive examinations.

    41. Who is the President of the World Bank ?

    (1) Paul Wolfowitz
    (2) James Wolfensohn
    (3) Rodrigo De Rato
    (4) Allen Greenspan
    Answer:
    41. (1) 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

    42. IMF was established to meet which of the following objectives?

    (A) Promoting International Monetary Cooperation
    (B) Expanding International trade
    (C) Lessening the disequilibrium in balance of trade
    (D) Avoiding competitive exchange depreciations
    (1) (A), (B) and (C)
    (2) (A), (C) and (D)
    (3) (B) and (D)
    (4) (A), (B), (C) and (D)
    Answer:
    42. (1) The IMF works to foster global growth and economic stability. It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty. Its two primary functions were: to oversee the fixed exchange rate arrangements between countries, thus helping national governments manage their exchange rates and allowing these governments to prioritize economic growth, and to provide short-term capital to aid balance-of-payments.

    43. The International Court of Justice sits in

    (1) Geneva 
    (2) Hague
    (3) Vienna 
    (4) Rome
    Answer:
    43. (2) The International Court of Justice (commonly referred to as the World Court or ICJ) is the primary judicial organ of the United Nations. It is based in the Peace Palace in The Hague, the Netherlands. Its main functions are to settle legal disputes submitted to it by states and to provide advisory opinions on legal questions submitted to it by duly authorised international organs, agencies, and the UN General Assembly.

    44. Which institution is known as ‘soft loan window’ of the World Bank ?

    (1) International Finance Corporation
    (2) International Development Agency
    (3) International Monetary Fund
    (4) Indian Development Forum
    Answer:
    44. (2) The IDA lends to countries with the aim to finance projects that will develop infrastructure and
    improve education, healthcare, access to clean water and sanitation facilities, and environmental responsibility. It is considered to be the soft lending window of the World Bank, while the IBRD is considered to be the hard lending window. The association offers grants and loans with maturities ranging from 25 to 40 years, grace periods of 5 to 10 years, and interest rates of 2.8% or 1.25% depending on whether the borrower is a blend country and to which degree it is eligible. Regular IDA-eligible borrowers may take advantage of no-interest loans.

    45. The Security Council of UN consists of

    (1) 5 permanent and 10 nonpermanent members
    (2) 10 permanent and 5 nonpermanent members
    (3) 15 permanent members
    (4) 15 non-permanent members
    Answer:
    45. (1) At the U.N.’s founding in 1946, the five permanent members of the Security Council were the
    French Fourth Republic, the Republic of China, the United Kingdom, the United States of America, and
    the Soviet Union. Under Article 27 of the UN Charter, Security Council decisions on all substantive
    matters require the affirmative votes of nine members. A negative vote, or veto, also known as the rule
    of “great power unanimity”, by a permanent member prevents adoption of a proposal.

    46. The Secretary General of UNO is appointed by

    (1) the General Assembly
    (2) the Security Council
    (3) the International Court of Justice
    (4) the General Assembly on the recommendations of the Security Council
    Answer:
    46. (4) 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.

    47. The World Trade Organisation (WTO) was earlier known as

    (1) GATT 
    (2) UNICEF
    (3) UNCTAD 
    (4) FAO
    Answer:
    47. (1) 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 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.

    48. Who is the present Secretary General of the United Nations ?

    (1) Javier Perez de Cuellar
    (2) Kofi Annan
    (3) U. Thant
    (4) Boutros Boutros-Ghali
    Answer:
    48. (*) Ban Ki-moon (born 13 June, 1944) is the eighth and current Secretary-General of the United Nations, after succeeding Kofi Annan in 2007. Before becoming Secretary-General, Ban was a career diplomat in South Korea’s Ministry of Foreign Affairs and in the United Nations. He entered diplomatic service the year he graduated from university, accepting his first post in New Delhi, India. In the foreign ministry, he established a reputation for modesty and competence. Ban was the Foreign Minister of the Republic of Korea from January 2004 to November 2006. In February 2006, he began to campaign for the office of Secretary-General. Ban was initially considered to be a long shot for the office. Note : António Guterres, is a Portuguese politician and diplomat who is serving as the ninth SecretaryGeneral of the United Nations. Previously, he was the United Nations High Commissioner for
    Refugees between 2005 and 2015.

    49. The headquarters of World Health Organisation (WHO) is at

    (1) London 
    (2) Geneva
    (3) Paris 
    (4) Washington
    Answer:
    49. (2) The World Health Organization (WHO) is a specialized agency of the United Nations (UN) that is concerned with international public health. It was established on 7 April 1948, with headquarters in
    Geneva, Switzerland, and is a member of the United Nations Development Group. Its predecessor, the
    Health Organization, was an agency of the League of Nations.

    50. International Monetary Fund helps India with

    (1) short term capital to hide over any temporary difficulty in Balance of Payments
    (2) long term capital for purposes of reconstruction and development
    (3) medium term capital to build up infrastructure
    (4) grants at subsidised rates to stimulate private investment
    Answer:
    50. (2) 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.

    51. How many permanent members are there in the Security Council ?

    (1) Three 
    (2) Five
    (3) Six 
    (4) Four
    Answer:
    51. (2) The United Nations Security Council (UNSC) is one of the principal organs of the United Nations and is charged with the maintenance of international peace and security. Its powers, outlined in the United Nations Charter, include the establishment of peacekeeping operations, the establishment of international sanctions, and the authorization of military action. Its powers are exercised through United Nations Security Council resolutions. The Security Council held its first session on 17 January 1946 at Church House, Westminster, London. Since its first meeting, the Council, which exists in continuous session, has travelled widely, holding meetings in many cities, such as Paris and Addis Ababa, as well as at its current permanent home at the United Nations Headquarters in New York City. There are 15 members of the Security Council, consisting of five veto-wielding permanent members—China, France, Russia, the United Kingdom, and the United States—based on the great powers that were the victors of World Wa, and 10 elected non-permanent members with two year terms.

    52. Which one country is not a permanent member of the Security Council of the United Nations ?

    (1) France 
    (2) Germany
    (3) Russia
    (4) United States of America
    Answer:
    52. (2) 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. 

    53. The latest addition to the list of UNESCO’s world heritage sites in India is

    (1) Qutab Minar
    (2) Humayun’s Tomb
    (3) Khajuraho Temple
    (4) Red Fort
    Answer:
    53. (*) India’s first two sites inscribed on the list at the Seventh Session of the World Heritage held in 1983 were the Agra Fort and the Ajanta Caves. Over the years, 27 more sites have been inscribed, the latest site inscribed in 2012 being the Western Ghats. Of these 29 sites, 23 are cultural sites and the other six are natural sites. A tentative list of further sites/ properties submitted by India for recognition includes 33 sites. The World Heritage Sites in India are recognized by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as on 29, as of 2012. These are places of importance of cultural or natural heritage as described in the UNESCO World Heritage Convention, established in 1972.The Convention concerning the protection of the World Cultural and Natural Heritage was adopted on 17 November 1997 following the General Conference of the UNESCO held from 17 October, 1972 to 21 November, 1972 
    Note : 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” have been added to the list in July, 2016.

    54. Under the rules of the IMF, each member is required to declare the par value of its legal tender money in terms of U.S. dollars and

    (1) Silver 
    (2) Gold
    (3) Pound sterling
    (4) Diamond
    Answer:
    54. (2) In 1945, the Bretton Woods Agreement Act was enacted. Under the Article of Agreement of the I.M.F, each member of the IMF was required to establish a par value for its currency expressed in terms of gold, and to take appropriate measures to permit within its territories exchange transactions between its own currency and those of other IMF members for the official settlement of international transactions. Only the dollar remained convertible into gold-at a price of $35 per ounce. Each country decided what it wanted its exchange rate to be vis-à-vis the dollar and then calculated the gold par value of the currency based on that selected dollar exchange rate. All participating countries agreed to try to maintain the value of their currencies within 1 percent of the Par value by buying or selling currencies(or gold) as needed.

    55. 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?

    (1) John Wolfensohn
    (2) Paul Wolfowitz
    (3) Robert Zoellick
    (4) David Morgan
    Answer:
    55. (3) 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 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 retirement from the World Bank in 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.

    56. The headquarters of Organisation of Petroleum Exporting Countries is located in

    (1) Vienna 
    (2) Riyadh
    (3) Kuwait City 
    (4) Abu Dhabi
    Answer:
    56. (1) 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.

    57. ‘World Bank’ is also known as

    (1) International Bank for Reconstruction and Development
    (2) International Bank for Rehabilitation and Development
    (3) International Bank for Refinance and Development
    (4) International Bank for Research and Development
    Answer:
    57. (1) The International Bank for Reconstruction and Development (IBRD) has 188 member countries, while the International Development Association (IDA) has 172 members. Each member state of IBRD should be also a member of the International Monetary Fund (IMF) and only members of IBRD are allowed to join other institutions within the Bank (such as IDA). The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank’s official goal is the reduction of poverty. According to the World Bank’s Articles of Agreement (as amended effective 16 February 1989), all of its decisions must be guided by a commitment to promote foreign investment, international trade, and facilitate capital investment.

    58. As required by the WTO agreement, the Indian Patent Act was amended in 1999. The Act first came into force in the year 

    (1) 1965 
    (2) 1970
    (3) 1975 
    (4) 1980
    Answer:
    58. (2) Patent Act and Patents Act (with their variations) are stock short titles used in Canada, India, New Zealand, the United Kingdom and the United States for legislation relating to patents. A Patent Act is a country’s legislation that controls the use of patents, such as the Patentgesetz in Germany. A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time, in exchange for the public disclosure of the invention. Under the World Trade Organization’s (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights, patents should be available in WTO member states for any invention, in all fields of technology, and the term of protection available should be a minimum of twenty years. In many countries, certain subject areas are excluded from patents, such as business methods and computer programs.

    59. The capital of IMF is made up by contribution of the

    (1) credit
    (2) deficit financing
    (3) member nations
    (4) borrowings
    Answer:
    59. (3) 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.

    60. Which country from the following is a permanent member of UN Security Council ?

    (1) Switzerland
    (2) People’s Rupublic of China
    (3) Japan
    (4) Ukraine
    Answer:
    60. (2) The Security Council held its first session on 17 January 1946 at Church House, Westminster, London. Since its first meeting, the Council, which exists in continuous session, has travelled widely, holding meetings in many cities, such as Paris and Addis Ababa, as well as at its current permanent home at the United Nations Headquarters in New York City. There are 15 members of the Security Council, consisting of five veto-wielding permanent members— China, France, Russia, the United Kingdom, and the United States—based on the great powers that were the victors of World War II, and 10 elected non-permanent members with two-year terms. This basic structure is set out in Chapter V of the UN Charter. Security Council members must always be present at UN headquarters in New York so that the Security Council can meet at any time.

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