GK
INTERNATIONAL ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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North American Free Trade Agreement NAFTA
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North Atlantic Treaty Organization NATO
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United Nations UN
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International Monetary Fund IMF
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Detailed explanation-1: -The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s. 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations.
Detailed explanation-2: -The International Monetary Fund (IMF) is part of the United Nations system and has a formal relationship agreement with the U.N., but retains its independence. The IMF provides monetary cooperation and financial stability and acts as a forum for advice, negotiation and assistance on financial issues.
Detailed explanation-3: -Five of them-the General Assembly, the Security Council, the Economic and Social Council, the Trusteeship Council and the Secretariat-are based at UN Headquarters in New York. The sixth, the International Court of Justice, is located at The Hague in the Netherlands.