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Multiple Choice Questions

Consider the following statements with reference to Organisation for Economic Co operation and Devel...........

General Awareness : Finance Indian Economy

Consider the following statements with reference to Organisation for Economic Co-operation and Development (OECD):

1. OECD is an official Permanent observer to the United Nations and is referred to as a think-tank or as a monitoring group.

2. India is not a member of OECD. 3

. OECD is funded by its member countries. Which of the statement given above is/ are correct?

This questions was previously asked in

RBI Grade B (28 May 2022)

View All RBIB Previous Year Papers

1 only

1 and 2 only

2 and 3 only

1, 2 and 3

2 only

Explanation:

1, 2 and 3

- **Statement 1:** The OECD acts as a think-tank and monitoring group, being a Permanent Observer at the UN. ✔️
- **Statement 2:** India is not a member of the OECD. Despite being an active partner, India hasn't joined as a full member. ✔️
- **Statement 3:** The OECD's funding comes from its member countries. This is true as member countries contribute based on their GDP. ✔️

- **Option 1:** Incorrect, it only covers statement 1.

- **Option 2:** Incorrect, covers only statements 1 and 2.

- **Option 3:** Incorrect, covers only statements 2 and 3.

- **Option 4:** Correct, includes all three statements.

- **Option 5:** Incorrect, covers only statement 2.

Your answer is option:4- 1, 2 and 3.

YOUR ANSWER IS RIGHT.

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