International Organisations
- 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 depreciation
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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.
Correct Option: A
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.
- Who is the President of the World Bank?
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Paul Dundes Wolfowitz is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of
Defence, 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.SCorrect Option: A
Paul Dundes Wolfowitz is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of
Defence, 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
- Decisions of the Security Council on procedural matters shall be made by an affirmative votes of _________ members.
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Article 27 of the United Nations Charter states: Each member of the Security Council shall have one vote. Decisions of the Security Council on all other matters shall be made by an affirmative vote of nine members including the concurring votes of the permanent members; provided that, in decisions under Chapter VI, and under paragraph 3 of Article 52, a party to a dispute shall abstain from voting.
Correct Option: D
Article 27 of the United Nations Charter states: Each member of the Security Council shall have one vote. Decisions of the Security Council on all other matters shall be made by an affirmative vote of nine members including the concurring votes of the permanent members; provided that, in decisions under Chapter VI, and under paragraph 3 of Article 52, a party to a dispute shall abstain from voting.
- Where is the headquarters of Botanical Survey of India located?
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Dr. E.K. Janaki Ammal was appointed Officer on Special Duty on 14 October, 1952.The reorganisation plan was finally approved by the Government of India on 29 March 1954 , with Calcutta as the headquarters of Botanical Survey of India. Simultaneously, a Central Botanical Laboratory at Lucknow was established in December, 1957 for studying the various aspects of plant biology like – cytology, plant physiology, plant chemistry, seed biology, ecology, etc.- in order to provide multidisciplinary approach to conventional taxonomy.
Correct Option: C
Dr. E.K. Janaki Ammal was appointed Officer on Special Duty on 14 October, 1952.The reorganisation plan was finally approved by the Government of India on 29 March 1954 , with Calcutta as the headquarters of Botanical Survey of India. Simultaneously, a Central Botanical Laboratory at Lucknow was established in December, 1957 for studying the various aspects of plant biology like – cytology, plant physiology, plant chemistry, seed biology, ecology, etc.- in order to provide multidisciplinary approach to conventional taxonomy.
- Who among the following is the Director-General of the World Trade Organisation?
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Supachai Panitchpakdi is the Secretary-General of the UN Conference on Trade and Development (UNCTAD). Prior to this, he was the Director-General of the World Trade Organization from September 1, 2002 to September 1, 2005. He was succeeded by Pascal Lamy. In September 1999 he was elected to become Director-General of the World Trade Organization (WTO), sharing the post with competitor Mike Moore when a decision could not be reached. Taking the second half of the six-year term, he entered office on September 1, 2002.In March 2005 he was appointed to become the Secretary-General of the UN Conference on Trade and Development (UNCTAD) following his term at the WTO, a post he took up in late 2005.
Note : The current Director-General of WTO is Roberto Azevedo of Brazil, since 1 September 2013. Headquarters of WTO: Geneva, Switzerland.Correct Option: B
Supachai Panitchpakdi is the Secretary-General of the UN Conference on Trade and Development (UNCTAD). Prior to this, he was the Director-General of the World Trade Organization from September 1, 2002 to September 1, 2005. He was succeeded by Pascal Lamy. In September 1999 he was elected to become Director-General of the World Trade Organization (WTO), sharing the post with competitor Mike Moore when a decision could not be reached. Taking the second half of the six-year term, he entered office on September 1, 2002.In March 2005 he was appointed to become the Secretary-General of the UN Conference on Trade and Development (UNCTAD) following his term at the WTO, a post he took up in late 2005.
Note : The current Director-General of WTO is Roberto Azevedo of Brazil, since 1 September 2013. Headquarters of WTO: Geneva, Switzerland.