Which organization is responsible for promoting industrial development in developing countries? MCQ with Answer and Explanation

Which organization is responsible for promoting industrial development in developing countries?
A. WTO
B. UNIDO
C. IMF
D. World Bank
Answer: Option B
Solution (By JKExamLibrary)
UNIDO (United Nations Industrial Development Organization) is the specialized agency for promoting industrial development.

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Practice More International Organizations Questions

Question #1 Report Error
Where is the headquarters of the 'Organisation for Economic Co-operation and Development' (OECD) located?
A. Geneva
B. Paris
C. New York
D. Vienna

Correct Answer: Option B


Explanation:
The OECD is headquartered in the Château de la Muette in Paris, France.

Question #2 Report Error
Which organization monitors 'Global Financial Stability'?
A. WTO
B. World Bank
C. G20
D. IMF

Correct Answer: Option D


Explanation:
The IMF monitors the stability of the global financial system.

Question #3 Report Error
The ‘WTO Ministerial Conference’ is the topmost decision-making body of the WTO. How often is it usually held?
A. Every year
B. Every two years
C. Every four years
D. Every three years

Correct Answer: Option B


Explanation:
The Ministerial Conference meets at least once every two years and is the highest decision-making forum in the WTO.