Global Groups — Set 4

Correct Answer: C. United Nations

The United Nations is an international organization founded in 1945. It is currently made up of 193 Member States. Its mission is guided by its founding Charter.

Correct Answer: B. International Bank for Reconstruction and Development

IBRD is an international financial institution that offers loans to middle-income developing countries. It is the first of five member institutions that compose the World Bank Group. It was established in 1944 to help rebuild Europe after World War II.

Correct Answer: C. European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. It has developed an internal single market through a standardized system of laws. It uses its own currency, the Euro, in 20 of its member states.

Correct Answer: D. Shanghai Cooperation Organisation

The Shanghai Cooperation Organisation is a Eurasian political, economic, international security, and defense organization. It was founded in 2001 in Shanghai. It is the world's largest regional organization in terms of geographic scope and population.

Correct Answer: B. Non-Aligned Movement

The Non-Aligned Movement is a forum of 120 countries that are not formally aligned with or against any major power bloc. It was established during the Cold War. It was founded in 1961 in Belgrade.

Correct Answer: C. Asian Infrastructure Investment Bank

The Asian Infrastructure Investment Bank is a multilateral development bank that aims to improve economic and social outcomes in Asia. It began operations in 2016. It is headquartered in Beijing, China.

Correct Answer: A. International Agency for Research on Cancer

IARC is the specialized cancer agency of the World Health Organization. It promotes international collaboration in cancer research. It is headquartered in Lyon, France.

Correct Answer: D. Organisation for Economic Co-operation and Development

OECD is an intergovernmental economic organization with 38 member countries. It was founded in 1961 to stimulate economic progress and world trade. Most of its members are high-income economies.

Correct Answer: A. Group of Twenty

The correct answer is 'Group of Twenty'. The G20 is an intergovernmental forum comprising 19 sovereign countries, the European Union, and the African Union. It works to address major issues related to the global economy. It was founded in 1999.

Correct Answer: B. Asian Development Bank

The Asian Development Bank is a regional development bank established in 1966. Its mission is to reduce poverty in Asia and the Pacific. It is headquartered in Manila, Philippines.