CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which institution has set up the ‘Agriculture and Market Information System (AMIS)’?
A
FAO
B
WEF
C
IMF
D
World Bank
Explanation: 

Detailed explanation-1: -OECD contributes actively to the Agricultural Market Information System (AMIS), called for by G20 Agriculture Ministers with the aim of addressing food price volatility through more timely, accurate and transparent information on global food markets.

Detailed explanation-2: -Food and Agricultural Organization (FAO) is one of the largest specialized agencies in the UN System founded in 1945 with a mandate to raise levels of nutrition and standard of living by improving agricultural productivity and living conditions of rural population.

Detailed explanation-3: -The production index is a measure of agricultural output changes, which is calculated at three levels: countries, regions (economic classes, continents), and global.

There is 1 question to complete.