UPSC Exam > UPSC Questions > The United Nations Conference on Trade and D...
Start Learning for Free
The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:
1. Give the LDCs control over the natural resources of developed Western countries
2. Reduce the cost of technology from the Western countries
3. Provide the LDCs with a greater role in international economic institutions
Which of these statements are correct?
- a)1 and 2 only
- b)2 and 3 only
- c)1 and 3 only
- d)All of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The United Nations Conference on Trade and Development (UNCTAD) broug...
- The idea of a New Inter - national Economic Order (NIEO) originated with this realisation. The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. The report proposed a reform of the global trading system so as to:
(i) give the LDCs control over their natural resources exploited by the developed Western countries,
(ii) obtain access to Western markets so that the LDCs could sell their products and, therefore, make trade more beneficial for the poorer countries,
(iii) reduce the cost of technology from the Western countries, and
(iv) provide the LDCs with a greater role in international economic institutions.
Gradually, the nature of nonalignment changed to give greater importance to economic issues. In 1961, at the first summit in Belgrade, economic issues had not been very important. By the mid-1970s, they had become the most important issues. As a result, NAM became an economic pressure group. By the late 1980s, however, the NIEO initiative had faded, mainly because of the stiff opposition from the developed countries who acted as a united group while the non-aligned countries struggled to maintain their unity in the face of this opposition.
Most Upvoted Answer
The United Nations Conference on Trade and Development (UNCTAD) broug...
The correct answer is option 'B' - 2 and 3 only.
Explanation:
1. Give the LDCs control over the natural resources of developed Western countries: This statement is not mentioned in the report. The UNCTAD report of 1972, entitled Towards a New Trade Policy for Development, focuses on proposing reforms to the global trading system to promote development in the Least Developed Countries (LDCs). It does not suggest giving LDCs control over the natural resources of developed Western countries.
2. Reduce the cost of technology from the Western countries: This statement is mentioned in the report. The UNCTAD report emphasizes the need for LDCs to have access to affordable technology from Western countries. It recognizes that technology plays a crucial role in economic development and suggests that reducing costs can facilitate its transfer and adoption in LDCs.
3. Provide the LDCs with a greater role in international economic institutions: This statement is also mentioned in the report. UNCTAD proposes that LDCs should have a greater role in international economic institutions to ensure their voices are heard and their interests are taken into account. This would enable LDCs to participate more actively in decision-making processes and contribute to shaping global economic policies.
Therefore, the correct answer is option 'B' - 2 and 3 only. The UNCTAD report of 1972 aims to reduce the cost of technology from Western countries and provide LDCs with a greater role in international economic institutions.
Explanation:
1. Give the LDCs control over the natural resources of developed Western countries: This statement is not mentioned in the report. The UNCTAD report of 1972, entitled Towards a New Trade Policy for Development, focuses on proposing reforms to the global trading system to promote development in the Least Developed Countries (LDCs). It does not suggest giving LDCs control over the natural resources of developed Western countries.
2. Reduce the cost of technology from the Western countries: This statement is mentioned in the report. The UNCTAD report emphasizes the need for LDCs to have access to affordable technology from Western countries. It recognizes that technology plays a crucial role in economic development and suggests that reducing costs can facilitate its transfer and adoption in LDCs.
3. Provide the LDCs with a greater role in international economic institutions: This statement is also mentioned in the report. UNCTAD proposes that LDCs should have a greater role in international economic institutions to ensure their voices are heard and their interests are taken into account. This would enable LDCs to participate more actively in decision-making processes and contribute to shaping global economic policies.
Therefore, the correct answer is option 'B' - 2 and 3 only. The UNCTAD report of 1972 aims to reduce the cost of technology from Western countries and provide LDCs with a greater role in international economic institutions.
|
Explore Courses for UPSC exam
|
|
Top Courses for UPSCView all
The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer?
Question Description
The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer?.
The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer?.
Solutions for The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. It proposed a reform of the global trading system so as to:1. Give the LDCs control over the natural resources of developed Western countries2. Reduce the cost of technology from the Western countries3. Provide the LDCs with a greater role in international economic institutionsWhich of these statements are correct?a) 1 and 2 onlyb) 2 and 3 onlyc) 1 and 3 onlyd) All of the aboveCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup