International | MCQs

Explanation

IMF and WB are known as the Bretton Woods Institutions after the remote village in New Hampshire, U.S.A., where they were founded by the delegates of 44 nations in July 1944

The Bank and the IMF are twin intergovernmental pillars supporting the structure of the world's economic and financial order.

World Bank:

World Bank established: July 1944

World Bank was established during: the Bretton Woods Conference

World Bank Members: 189

World Bank's aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

IMF:

The International Monetary Fund (IMF) is a major financial agency of the United Nations and an international financial institution

IMF founded: 27 December 1945

IMF headquarters: Washington, USA

IMF total members: 190

IMF official language: English 

Explanation

Member of G8

•  France,
• the United States,
• the United Kingdom,
• Russia (suspended),
• Germany,
• Japan
• , Italy,
• Canada.

Members of G20

•  Argentina,
• Australia,
• Brazil,
• Canada,
• China,
• France,
• Germany,
• India,
• Indonesia,
• Italy,
• Japan,
• Republic of Korea
• , Mexico
• , Russia
• , Saudi Arabia
• , South Africa
• , Turkey
• , the United Kingdom,
• the United States
•  the European Union.

SH19-8-2023

Explanation

The next meeting of the SCO Council of Heads of State will be held in 2024 in the Republic of Kazakhstan

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SEO total members are now 09

Latest member joined by Iran in July 2023

Pakistan and India joined in 2017

SEO Established on 15 June 2001

SCO Summits

For updated status click here

Explanation

The Organisation of the Petroleum Exporting Countries is an organisation enabling the co-operation of leading oil-producing countries in order to collectively influence the global oil market and maximise profit.

Headquarters: Vienna, Austria

Founded: September 1960, Iraq

Founders: Juan Pablo Pérez Alfonzo, Abdullah Tariki

Explanation

• Jens Stoltenberg replaced Anders Fogh Rasmussen to become NATO Secretary General in 2014.
• Jens Stoltenberg hails from Norway.

• Jens Stoltenberg's contract has been extended for third rime in a row.

• Jens Stoltenberg will serve as NATO Chief until October 2024.

• Jens Stoltenberg has also served PM of Norway. 
  
  

Explanation

• Jens Stoltenberg replaced Anders Fogh Rasmussen to become NATO Secretary General in 2014.
• Jens Stoltenberg hails from Norway.

• Jens Stoltenberg's contract has been extended for third rime in a row.

• Jens Stoltenberg will serve as NATO Chief until October 2024.

• Jens Stoltenberg has also served PM of Norway. 
  
  

Explanation

On 6 June 2023, The Republic of Korea, Algeria, Sierra Leone, Slovenia and Guyana, were elected as non-permanent members of the United Nations Security Council (UNSC) for the 2024-25 term during the elections held at the UN headquarters in New York.

These countries will take responsibilities on 1 January 2024 and serve till 31 December 2025.

Explanation

SAARC Documentation Centre (SDC) is a regional center of SAARC (South Asian Association for Regional Cooperation).

SDC is located in New Delhi.

Presently it is housed on the campus of NISCAIR.

Established: 1994

Explanation

The United Nations launched appeals for each of the seven countries months ago for global total of $43 billion.

Laerke said only 6.5% of this amount has been funded.

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Explanation

North Atlantic Treaty Organization (NATO), military alliance established by the North Atlantic Treaty (also called the Washington Treaty) of April 4, 1949, which sought to create a counterweight to Soviet armies stationed in central and eastern Europe after World War II.