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Economics International Economic Organisations set-2

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1. Which one of the following countries attends the sessions of the Council for Mutual Economic Assistance as an observer?




2. The headquarters of the Council for Mutual Economic Assistance (COMECON) are located at:




3. When was the Council for Mutual Economic Assistance (COMECON) founded with the object of co-coordinating and integrating the economies of member-countries?




4. How many countries joined together to form the European Free Trade Association (EFTA) with a view to ultimately establish a free trade area between member-countries?




5. Two founder members of the European Free Trade Association (EFTA) left it in 1972 to join the EEC. One was the UK. Which was the other?




6. Where are the headquarters of EFTA located?




7. The European Free Trade Association (EFTA) was formed on the pattern of the EEC as a result of the convention signed by some countries of Europe at Stockholm. When was it formed?




8. When was the United Nations Environment Programme launched?




9. Which of the following organisations has its headquarters at Nairobi?




10. When was the Group of 77 an economic group of the Third World countries to protect the economic and trade interests of developing countries formed under the auspices of the United Nations?




11. When was the World Bank s Special Programme of Assistance (SPA) for indebted low income countries initiated?




12. Which country is the OPEC s largest oil exporter?




13. When was the Organisation of Petroleum Exporting Countries (OPEC) formed to control the production and pricing of crude oil?




14. The headquarters of which of the following organisations are located at Vienna?




15. The International Air Transport Association (IATA) aims to promote safe regular and economical air transport and to provide a forum for collaboration. When was its founded?




16. How many international airlines are active members of the IATA?




17. Which of the following is not a member country of the G-7 (Group of Seven advanced industrial nations)?




18. Which of the following organisations was brought into existence by the Treaty of Rome?




19. How many Regional Economic Commissions have been set up by the United Nations Economic and Social Council?




20. How many member-states are represented in the United Nations Economic and Social Council?




21. In which year was the Asian Development Bank (ADB) set up following the recommendation of the United Nations Economic Commission for Asia and Far east?




22. When was the Asian Development Fund launched by the Asian Development Bank with a view to provide confessional credit to needy members?




23. Those who invest in joint stock companies are called:




24. Limited liability is one of the advantages of:




25. He prepares the initial plan of the business:




26. It is most suitable for large scale business:




27. A public limited company is run by:




28. They can expand their business by selling shares in the stock market:




29. Reward of which factor of production is not pre-determined?




30. It is an example of public limited company:




31. A public corporation comes into existence by means:




32. If a public limited company issues bonds to increase resources then it pays: