Question:
OECD stands for which of the following organizations?
OECD stands for which of the following organizations?
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Link OECD with economic and development policies. It is not related to trade (GATT), energy (IAEA), or loans (IDA).
Updated On: Jun 12, 2025
- GATT (General Agreement on Tariffs and Trade)
- OECD (Organisation for Economic Cooperation and Development)
- IDA (International Development Association)
- IAEA (International Atomic Energy Agency)
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The Correct Option is B
Solution and Explanation
Step 1: Decode acronym
OECD stands for Organisation for Economic Cooperation and Development.
Step 2: Analyze purpose
It promotes policies that improve economic and social well-being of people around the world.
Step 3: Eliminate incorrect options
GATT is related to trade agreements.
IDA is a branch of the World Bank providing loans to poor countries.
IAEA is related to atomic energy.
Only option (2) correctly identifies OECD.
OECD stands for Organisation for Economic Cooperation and Development.
Step 2: Analyze purpose
It promotes policies that improve economic and social well-being of people around the world.
Step 3: Eliminate incorrect options
GATT is related to trade agreements.
IDA is a branch of the World Bank providing loans to poor countries.
IAEA is related to atomic energy.
Only option (2) correctly identifies OECD.
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