CURRENT AFFAIRS

Detailed explanation-1: -Secretariat. The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Located in Vienna, it also functions as the Headquarters of the Organization, in accordance with the provisions of the OPEC Statute.

Detailed explanation-2: -The Secretariat was originally established in 1961 in Geneva, Switzerland. In April 1965, the 8th (Extraordinary) OPEC Conference approved a Host Agreement with the Government of Austria, effectively moving the Organization’s headquarters to the city of Vienna on September 1, 1965.

Detailed explanation-3: -OPEC’s headquarters, first located in Geneva, was moved to Vienna in 1965. OPEC members coordinate policies on oil prices, production, and related matters at semiannual and special meetings of the OPEC Conference.

Detailed explanation-4: -It is a permanent organisation that coordinates the petroleum policies of its member countries. It has its headquarters in Vienna.

Detailed explanation-5: -Detailed Solution. The correct answer is Vienna. The OPEC is a permanent intergovernmental organization of 13 oil-exporting countries.