What is the primary objective of the World Trade Organization's 'Most-Favoured-Nation' (MFN) principle? MCQ with Answer and Explanation

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What is the primary objective of the World Trade Organization's 'Most-Favoured-Nation' (MFN) principle?

A. To ensure non-discriminatory trade between member countries

B. To provide special treatment to developing nations

C. To restrict trade with non-member countries

D. To eliminate all import tariffs globally

Answer: Option A

Solution (By JKSSB Mock Tests)

The MFN principle ensures that a country provides the same trade concessions to all WTO members as it does to its most-favoured trading partner.

This question belongs to: Static General Knowledge International Organizations

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What is the primary function of the United Nations Security Council?

A. Fighting diseases

B. Education development

C. Maintaining international peace

D. Promoting trade

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Correct Answer: Option C

Explanation:
The UN Security Council's primary responsibility is the maintenance of international peace and security.

This question belongs to: Static General Knowledge International Organizations

Question #2

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Where is the headquarters of the ASEAN Secretariat located?

A. Singapore

B. Bangkok

C. Manila

D. Jakarta

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Correct Answer: Option D

Explanation:
The ASEAN Secretariat is headquartered in Jakarta, Indonesia.

This question belongs to: Static General Knowledge International Organizations

Question #3

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Which organization governs international air traffic rights?

A. WTO

B. IATA

C. ICAO

D. IMO

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Correct Answer: Option C

Explanation:
ICAO (International Civil Aviation Organization) establishes regulations for international air traffic management.

This question belongs to: Static General Knowledge International Organizations

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