ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -For example, Australia works with UN Women to support international efforts to empower women and promote gender equality. UN Women was created to bring together the work of four areas across the United Nations to create one centre of expertise that will meet the needs of women worldwide.

Detailed explanation-2: -Multilateral aid is assistance provided by governments to international organisations like the United. Nations, World Bank, and International Monetary Fund (IMF). These organisations seek to reduce poverty in. developing nations.

Detailed explanation-3: -As noted above, foreign aid is any type of assistance that one country’s government provides to another nation, usually from developed to developing nations. Governments may issue aid in the form of: Money.

Detailed explanation-4: -Definition. Donations by bilateral and multilateral sources refer to any cash and in kind contributions given to another organization as a gift by a bilateral party (foreign state) or multilateral party (international body, organization, etc.).