OPEC stands for?

AOrganization of Petroleum Exporting Countries

BOrganization of Petroleum Exchanging Countries

COrganization of Petrol Exporting Communities

DOrganization of Petroleum Exporting Communities

Choose an option to check yourself, or reveal the answer and explanation instantly.

More Economic Blocs (G20, BRICS) MCQs

Related Economic Blocs (G20, BRICS) MCQs

View all

1APEC stands for?2Pakistan is a member of D8?3D8 is an organization of?4The G77 is a coalition of how many developing nations?5Which country is the newest member of BRICS (2024)?6G20 countries represent what percentage of world GDP?

Start Quiz More MCQs

Answer and explanation

Correct Answer: A: Organization of Petroleum Exporting Countries

Explanation: The correct answer is A: Organization of Petroleum Exporting Countries. OPEC coordinates petroleum policies among member countries to ensure stable oil markets. It was founded in 1960 and has 13 member countries as of 2024.

OPEC stands for?

Explanation

Related Economic Blocs (G20, BRICS) MCQs

Test Yourself

Exam Coverage

Trust

Subject