What international organization is effectively a cartel seeking to control prices and quantities of oil on the world market?

Related Mcqs:

1. ISO’s mission is to promote the development of standardization and related activities. ISO is not an acronym for international organization organization for standardization. What is it?

   A. Greek word meaning equal
   B. Greek word meaning quality
   C. Greek word meaning health
   D. Greek word meaning superior

2. The International Organization for Standardization (ISO) is a nongovernmental organization. It began operation in:

   A. 1940
   B. 1945
   C. 1947
   D. 1949

3. What international organization is charged with coordinating safety regulations for international ships?

   A. World Ship Safety Union (WSSU)
   B. International Maritime Organization (IMO)
   C. International shipping Union (ISU)
   D. United Nation Committee for Law of the Seas (UNCLoS)

4. In 1944 ‘Convention on International Civil Aviation’ established the International Civil Aviation Organization and it was ratified in:

   A. 1945
   B. 1946
   C. 1947
   D. 1960

5. London based Transparency International (TI) is a leading international non-governmental organization addressing:

   A. smuggling
   B. anti-slavery
   C. corruption
   D. good governance

6. The Organization established in 1960 to coordinate price and supply policies of oil producing states:

   A. Organization of Petroleum Exporting Countries (OEPC)
   B. Arab League
   C. Gulf Cooperation Council
   D. None of these

7. The International Opium Convention, signed on January 23, 1912 during the ‘First International Opium Conference’, was the first international drug control treaty and it was signed at:

   A. London
   B. Hague
   C. Washington
   D. Paris

8. Since when U.S is claiming that Tehran is seeking to build nuclear arms in violation of Nuclear Nonproliferation Treaty of which Iran is signatory?

   A. 2002
   B. 2003
   C. 2004
   D. 2005

9. North American Free Trade agreement (NAFTA) was signed in August 1992 and it effectively started work from:

   A. January 1995
   B. January 1993
   C. January 1996
   D. January 1994

10. Which of the organization was replaced with Economic Cooperation Organization (ECO)?

    A. Arab League
    B. RCD
    C. NAM
    D. None of these