Solved MCQs
Answer: B. Brussels
NATO (North Atlantic Treaty Organization) founded 4 April 1949. HQ: Brussels, Belgium. 32 members. Latest member: Sweden (March 2024). Official languages: English & French.
Answer: A. Money Laundering
FATF (Financial Action Task Force) HQ: Paris, France. Purpose: Combat money laundering and terrorism financing. 37 full member countries. Works with FATF grey/black list to pressure countries.
Answer: B. Conference of Parties
COP = Conference of Parties. Main decision-making body under UNFCCC. First COP held 1995 Berlin. COP29 held in Baku, Azerbaijan in November 2024. Theme 2024: Solidarity for a greener world.
Answer: C. Gives short-term financial assistance with conditions
IMF SBA (Stand-By Arrangement) provides short-term financial assistance to countries facing balance of payments problems. It comes with strict economic reform conditions — not free grants.
Answer: B. Wheat
Ukraine and Russia are world's largest wheat exporters. Black Sea conflict/blockage mainly disrupts wheat and grain trade. Ukraine is called one of the 'breadbaskets of the world.'
Answer: C. Ability of supply chain to recover during disruptions
Supply Chain Resilience is the ability to withstand and recover from disruptions like natural disasters, wars, pandemics, or transport failures — ensuring continuous flow of goods and services.