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. The UN Charter is a multilateral treaty. It is the constitutional document that distributes powers and functions among the various UN organs. It authorizes the Security Council to take action on behalf of the members, and to make decisions and recommendations.

Correct Option: C

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. The UN Charter is a multilateral treaty. It is the constitutional document that distributes powers and functions among the various UN organs. It authorizes the Security Council to take action on behalf of the members, and to make decisions and recommendations.

The International Atomic Energy Agency (IAEA) is an international organization that seeks to promote the peaceful use of nuclear energy, and to inhibit its use for any military purpose, including nuclear weapons. The IAEA was established as an autonomous organization on 29 July, 1957.Though established independently of the United Nations through its own international treaty, the IAEA Statute, the IAEA reports to both the UN General Assembly and Security Council. The IAEA has its headquarters in Vienna, Austria. The IAEA has two “Regional Safeguards Offices” which are located in Toronto, Canada, and in Tokyo, Japan. The IAEA also has two liaison offices which are located in New York City, United States, and in Geneva, Switzerland. In addition, the IAEA has three laboratories located in Vienna and Seibersdorf, Austria, and in Monaco.

Correct Option: C

The International Atomic Energy Agency (IAEA) is an international organization that seeks to promote the peaceful use of nuclear energy, and to inhibit its use for any military purpose, including nuclear weapons. The IAEA was established as an autonomous organization on 29 July, 1957.Though established independently of the United Nations through its own international treaty, the IAEA Statute, the IAEA reports to both the UN General Assembly and Security Council. The IAEA has its headquarters in Vienna, Austria. The IAEA has two “Regional Safeguards Offices” which are located in Toronto, Canada, and in Tokyo, Japan. The IAEA also has two liaison offices which are located in New York City, United States, and in Geneva, Switzerland. In addition, the IAEA has three laboratories located in Vienna and Seibersdorf, Austria, and in Monaco.

India was a founding member of the United Nations, joining in October 1945, two years before acquiring independence from the United Kingdom. In 1953, the chief delegate of India at the time, Vijaya Lakshmi Pandit was elected the first woman President of the UN General Assembly. India has been elected seven times to the UN Security Council. Only three countries have served longer than that (Japan, Brazil, and Argentina), except for the Permanent Five, and Colombia has served the same amount of time. India is a charter member of the United Nations and participates in all of its specialized agencies. It has contributed troops to United Nations peacekeeping efforts in Korea, Egypt and the Congo in earlier years and in Somalia, Angola and Rwanda in recent years, and more recently Haiti. India has been a member of the UN Security Council for six terms (a total of 12 years), and is a current member

Correct Option: A

India was a founding member of the United Nations, joining in October 1945, two years before acquiring independence from the United Kingdom. In 1953, the chief delegate of India at the time, Vijaya Lakshmi Pandit was elected the first woman President of the UN General Assembly. India has been elected seven times to the UN Security Council. Only three countries have served longer than that (Japan, Brazil, and Argentina), except for the Permanent Five, and Colombia has served the same amount of time. India is a charter member of the United Nations and participates in all of its specialized agencies. It has contributed troops to United Nations peacekeeping efforts in Korea, Egypt and the Congo in earlier years and in Somalia, Angola and Rwanda in recent years, and more recently Haiti. India has been a member of the UN Security Council for six terms (a total of 12 years), and is a current member

New money is created by the central bank of a country. A central bank may introduce new money into the economy (termed ‘expansionary monetary policy’) by purchasing financial assets or lending money to financial institutions. Also, in a broader sense, it could be said that commercial banks introduce new money by multiplying base money created by the central bank through fractional reserve banking; this expands the amount of broad money (i.e. cash plus demand deposits) in the economy.

Correct Option: D

New money is created by the central bank of a country. A central bank may introduce new money into the economy (termed ‘expansionary monetary policy’) by purchasing financial assets or lending money to financial institutions. Also, in a broader sense, it could be said that commercial banks introduce new money by multiplying base money created by the central bank through fractional reserve banking; this expands the amount of broad money (i.e. cash plus demand deposits) in the economy.

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 (1986–1994).

Correct Option: 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 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 (1986–1994).