Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which of the following organisations help(s) smoothen the process of trade between nations?

• A. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> World Trade Organization
• B. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> International Monetary Fund
• C. United Nations
• D. Organization of the Petroleum Exporting Countries

Answer 1

Answer: (A), (B), (D)

Organization of the Petroleum Exporting Countries

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The primary work of RBI is to supervise the issuance of banknotes and the maintenance of reserves to ensure the stability of India’s currency and full operation of the country’s currency and credit system. However, the IMF ensures that trade flows smoothly between countries, OPEC coordinates with the petroleum policies of oil-producing nations and ensures regular supply of oil at right prices, and the WTO aims to remove obstacles that influence global trade.