Good Morning Friends, We are Posting Today’s Prelims Marathon Quiz
Quiz: Daily Quiz: 8 Apr, 2021
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- Question 1 of 10
1. Question
1 pointsCategory: Miscellanous“Lima Declaration” is related to which of the following organization?
Correct
UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.
· As of 1 April 2019, 170 States are Members of UNIDO. They regularly discuss and decide UNIDO’s guiding principles and policies in the sessions of the Policymaking Organs.
· The mission of the United Nations Industrial Development Organization (UNIDO), as described in the Lima Declaration adopted at the fifteenth session of the UNIDO General Conference in 2013, is to promote and accelerate inclusive and sustainable industrial development (ISID) in Member States.
Incorrect
UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.
· As of 1 April 2019, 170 States are Members of UNIDO. They regularly discuss and decide UNIDO’s guiding principles and policies in the sessions of the Policymaking Organs.
· The mission of the United Nations Industrial Development Organization (UNIDO), as described in the Lima Declaration adopted at the fifteenth session of the UNIDO General Conference in 2013, is to promote and accelerate inclusive and sustainable industrial development (ISID) in Member States.
- Question 2 of 10
2. Question
1 pointsCategory: MiscellanousConsider the following statements regarding United Nations Conference on Trade and Development (UNCTAD):
1. It is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
2. It is not part of United Nations Development Programme.
Which of the statements given above is/are correct?
Correct
UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
· Our headquarters are located in Geneva, Switzerland, and we have offices in New York and Addis Ababa. UNCTAD is part of the UN Secretariat.
· We report to the UN General Assembly and the Economic and Social Council but have our own membership, leadership, and budget. We are also part of the United Nations Development Group.
Source: https://unctad.org/about
Incorrect
UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
· Our headquarters are located in Geneva, Switzerland, and we have offices in New York and Addis Ababa. UNCTAD is part of the UN Secretariat.
· We report to the UN General Assembly and the Economic and Social Council but have our own membership, leadership, and budget. We are also part of the United Nations Development Group.
Source: https://unctad.org/about
- Question 3 of 10
3. Question
1 pointsCategory: MiscellanousConsider the following statements regarding United Nations (UN):
1. All UN Member States are members of the General Assembly.
2. States are admitted to membership by a decision of the General Assembly upon the recommendation of the Security Council.
3. The Secretary-General of UN is appointed for a 9-year, non-renewable term.
Which of the statements given above is/are correct?
Correct
The UN’s Membership has grown from the original 51 Member States in 1945 to the current 193 Member States.
· All UN Member States are members of the General Assembly. States are admitted to membership by a decision of the General Assembly upon the recommendation of the Security Council.
· The Secretary-General is Chief Administrative Officer of the UN – and is also a symbol of the Organization’s ideals and an advocate for all the world’s peoples, especially the poor and vulnerable.
· The Secretary-General is appointed by the General Assembly on the recommendation of the Security Council for a 5-year, renewable term.
· The current Secretary-General, and the 9th occupant of the post, is António Guterres of Portugal, who took office on 1 January 2017.
Source: https://www.un.org/en/about-us/
Incorrect
The UN’s Membership has grown from the original 51 Member States in 1945 to the current 193 Member States.
· All UN Member States are members of the General Assembly. States are admitted to membership by a decision of the General Assembly upon the recommendation of the Security Council.
· The Secretary-General is Chief Administrative Officer of the UN – and is also a symbol of the Organization’s ideals and an advocate for all the world’s peoples, especially the poor and vulnerable.
· The Secretary-General is appointed by the General Assembly on the recommendation of the Security Council for a 5-year, renewable term.
· The current Secretary-General, and the 9th occupant of the post, is António Guterres of Portugal, who took office on 1 January 2017.
Source: https://www.un.org/en/about-us/
- Question 4 of 10
4. Question
1 pointsCategory: MiscellanousThe call of “The World We Want” was raised by which of the following Organization?
Correct
The World We Want – 75 photos curated from more than 50,000 images from over 130 countries in response to the Secretary-General’s call to hear directly from the peoples of the world about their priorities for the future.
Incorrect
The World We Want – 75 photos curated from more than 50,000 images from over 130 countries in response to the Secretary-General’s call to hear directly from the peoples of the world about their priorities for the future.
- Question 5 of 10
5. Question
1 pointsCategory: MiscellanousPoverty Reduction and Growth Trust is a concessional financial support is related to which of the following Institution?
Correct
The IMF’s various lending instruments are tailored to different types of balance of payments need as well as the specific circumstances of its diverse membership (see table).
All IMF members are eligible to access the Fund’s resources in the General Resources Account (GRA) on non-concessional terms, but the IMF also provides concessional financial support (currently at zero interest rates through June 2021) through the Poverty Reduction and Growth Trust (PRGT; see IMF Support for Low-Income Countries), which is better tailored to the diversity and needs of low-income countries.
Incorrect
The IMF’s various lending instruments are tailored to different types of balance of payments need as well as the specific circumstances of its diverse membership (see table).
All IMF members are eligible to access the Fund’s resources in the General Resources Account (GRA) on non-concessional terms, but the IMF also provides concessional financial support (currently at zero interest rates through June 2021) through the Poverty Reduction and Growth Trust (PRGT; see IMF Support for Low-Income Countries), which is better tailored to the diversity and needs of low-income countries.
- Question 6 of 10
6. Question
1 pointsCategory: MiscellanousConsider the following statements regarding International Fund for Agricultural Development (IFAD):
1. It is a specialized agency of the United Nations.
2. Membership in IFAD is open to any state and specialized agencies of United Nations.
Which of the statements given above is/are correct?
Correct
The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was one of the major outcomes of the 1974 World Food Conference.
· The conference was organized by the United Nations in response to the food crises of the early 1970s, when global food shortages were causing widespread famine and malnutrition, primarily in the Sahelian countries of Africa.
· IFAD has 177 Member States comprised of developing, middle and high-income countries from all regions of the world who are dedicated to eradicating poverty in rural areas.
· Membership in IFAD is open to any State that is a member of the United Nations, any of its specialized agencies or the International Atomic Energy Agency.
Incorrect
The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was one of the major outcomes of the 1974 World Food Conference.
· The conference was organized by the United Nations in response to the food crises of the early 1970s, when global food shortages were causing widespread famine and malnutrition, primarily in the Sahelian countries of Africa.
· IFAD has 177 Member States comprised of developing, middle and high-income countries from all regions of the world who are dedicated to eradicating poverty in rural areas.
· Membership in IFAD is open to any State that is a member of the United Nations, any of its specialized agencies or the International Atomic Energy Agency.
- Question 7 of 10
7. Question
1 pointsCategory: MiscellanousConsider the following statements regarding World Bank:
1. All member countries of United Nations are members of World Bank.
2. Board of Governors are the ultimate policy makers of Bank.
Which of the statements given above is/are correct?
Correct
The World Bank is like a cooperative, made up of 189 member countries.
· These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank.
· Generally, the governors are member countries’ ministers of finance or ministers of development.
Incorrect
The World Bank is like a cooperative, made up of 189 member countries.
· These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank.
· Generally, the governors are member countries’ ministers of finance or ministers of development.
- Question 8 of 10
8. Question
1 pointsCategory: MiscellanousConsider the following statements regarding “International Centre for Settlement of Investment Disputes” (ICSID):
1. It is the world’s leading institution devoted to international investment dispute settlement.
2. It was established in 1947 along with World Bank.
Which of the statements given above is/are correct?
Correct
ICSID is the world’s leading institution devoted to international investment dispute settlement.
· It has extensive experience in this field, having administered the majority of all international investment cases.
· States have agreed on ICSID as a forum for investor-State dispute settlement in most international investment treaties and in numerous investment laws and contracts.
· ICSID was established in 1966 by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention).
· The ICSID Convention is a multilateral treaty formulated by the Executive Directors of the World Bank to further the Bank’s objective of promoting international investment.
· ICSID is an independent, depoliticized and effective dispute-settlement institution. Its availability to investors and States helps to promote international investment by providing confidence in the dispute resolution process.
· It is also available for state-state disputes under investment treaties and free trade agreements, and as an administrative registry.
Incorrect
ICSID is the world’s leading institution devoted to international investment dispute settlement.
· It has extensive experience in this field, having administered the majority of all international investment cases.
· States have agreed on ICSID as a forum for investor-State dispute settlement in most international investment treaties and in numerous investment laws and contracts.
· ICSID was established in 1966 by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention).
· The ICSID Convention is a multilateral treaty formulated by the Executive Directors of the World Bank to further the Bank’s objective of promoting international investment.
· ICSID is an independent, depoliticized and effective dispute-settlement institution. Its availability to investors and States helps to promote international investment by providing confidence in the dispute resolution process.
· It is also available for state-state disputes under investment treaties and free trade agreements, and as an administrative registry.
- Question 9 of 10
9. Question
1 pointsCategory: Miscellanous“Uruguay Round” negotiation is related to which of the following?
Correct
The agreement establishing the World Trade Organization (WTO) calls for a single institutional framework encompassing the GATT, as modified by the Uruguay Round, all agreements and arrangements concluded under its auspices and the complete results of the Uruguay Round.
Source: https://www.wto.org/english/docs_e/legal_e/ursum_e.htm
Incorrect
The agreement establishing the World Trade Organization (WTO) calls for a single institutional framework encompassing the GATT, as modified by the Uruguay Round, all agreements and arrangements concluded under its auspices and the complete results of the Uruguay Round.
Source: https://www.wto.org/english/docs_e/legal_e/ursum_e.htm
- Question 10 of 10
10. Question
1 pointsCategory: MiscellanousUnited Nations Environment Programme Headquarters is located in which of the following Country?
Correct
The United Nations Environmental Programme (UNEP) was founded in June 1972 as a result of the Stockholm Conference on the Human Environment.
· The UNEP is the coordinating body for the United Nations’ environmental activities. It has played a significant role in identifying and analyzing global environmental problems, developing regional and international environmental programs and conventions, and promoting environmental science and information.
· Among its most important tasks is assisting developing countries in implementing environmentally sound policies and practices.
· Since 1997, in response to the environmental requirements of Agenda 21, UNEP has also published its Global Environment Outlook (GEO), a comprehensive report on global state of the environment. Its headquarters are in Nairobi, Kenya.
Incorrect
The United Nations Environmental Programme (UNEP) was founded in June 1972 as a result of the Stockholm Conference on the Human Environment.
· The UNEP is the coordinating body for the United Nations’ environmental activities. It has played a significant role in identifying and analyzing global environmental problems, developing regional and international environmental programs and conventions, and promoting environmental science and information.
· Among its most important tasks is assisting developing countries in implementing environmentally sound policies and practices.
· Since 1997, in response to the environmental requirements of Agenda 21, UNEP has also published its Global Environment Outlook (GEO), a comprehensive report on global state of the environment. Its headquarters are in Nairobi, Kenya.
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