World Organisations MCQs

212. Which one of the following statements about the Trans – Pacific Partnership (TPP) is/are correct? 1. The TPP was signed by 12 Pacific Rim Nations in the year 2015. 2. The TPP is likely to be a game – changer in global trade as member countries account for about 40% of global GDP. 3. India is a founder member of TPP. Select the correct answer using the code given below.

A. 1, 2 and 3
B. 1 and 2 only
C. 2 and 3 only
D. 1 only
✅ The correct answer is option B.
The Trans – Pacific Partnership (TPP), or Trans – Pacific Partnership Agreement, was a proposed trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States signed on 4 February 2016.

213. Indian Development Forum (IDF) was earlier known as :

A. Aid India Consortium
B. Aid India Bank
C. World Bank
D. None
✅ The correct answer is option A.
The Aid – India Consortium was organized in 1958 as an international scheme to support the economic development of India, and led by the World Bank. This later came to be known as the Indian Development Forum.

215. Which of the following describe correctly the Group of Seven Countries (G-7)?

A. They are developing countries.
B. They are industrialised countries.
C. They are holding Atomic Bomb technology.
D. They are countries who can launch their own satellites.
✅ The correct answer is option B.
The Group of seven is a group consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. These countries, with the 7 largest advanced economies in the world, represent more than 62% of the global net wealth. They are industrialised economies.

219. BRICS Summit 2016 was held in –

A. Brazil
B. China
C. India
D. South Africa
✅ The correct answer is option C.
BRICS Summit 2016 was held from 15 to 16 October 2016 at the Taj Exotica hotel in Benaulim, Goa, India.
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