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Important International Organisations Video Lecture | Indian Economy for State PSC Exams - BPSC (Bihar)

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FAQs on Important International Organisations Video Lecture - Indian Economy for State PSC Exams - BPSC (Bihar)

1. What are some important international organizations?
Ans. Some important international organizations include the United Nations (UN), World Health Organization (WHO), World Trade Organization (WTO), International Monetary Fund (IMF), and the World Bank.
2. What is the role of the United Nations (UN)?
Ans. The United Nations (UN) plays a crucial role in promoting international cooperation and addressing global issues such as peace and security, human rights, social progress, and economic development. It serves as a platform for member countries to discuss and negotiate on various matters of global concern.
3. What is the function of the World Health Organization (WHO)?
Ans. The World Health Organization (WHO) is responsible for directing and coordinating international health matters. Its main functions include providing leadership on global health issues, setting norms and standards, promoting research and knowledge sharing, and providing technical assistance to countries in need.
4. How does the World Trade Organization (WTO) promote global trade?
Ans. The World Trade Organization (WTO) aims to regulate and facilitate international trade. It does so by providing a forum for member countries to negotiate trade agreements, resolving trade disputes, monitoring national trade policies, and offering technical assistance to developing countries to strengthen their capacity to participate in global trade.
5. What is the role of the International Monetary Fund (IMF) and the World Bank in global economic stability?
Ans. The International Monetary Fund (IMF) and the World Bank are both important institutions in ensuring global economic stability. The IMF provides financial assistance, policy advice, and technical assistance to member countries facing economic difficulties. The World Bank, on the other hand, focuses on providing financial and technical support for development projects in low and middle-income countries to reduce poverty and promote sustainable economic growth.
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