Which organization is tasked with developing international standards for accounting? MCQ with Answer and Explanation

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Which organization is tasked with developing international standards for accounting?

A. WTO

B. IMF

C. IASB

D. World Bank

Answer: Option C

Solution (By JKSSB Mock Tests)

The International Accounting Standards Board (IASB) sets the IFRS standards.

This question belongs to: Static General Knowledge International Organizations

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Question #1

Where is the headquarters of UNESCO?

A. Paris

B. Washington D.C.

C. London

D. Rome

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Correct Answer: Option A

Explanation:
UNESCO is headquartered in Paris, France.

This question belongs to: Static General Knowledge International Organizations

Question #2

Which organization is responsible for the 'Red Data Book'?

A. UNESCO

B. IUCN

C. UNEP

D. WHO

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Correct Answer: Option B

Explanation:
The International Union for Conservation of Nature (IUCN) publishes the Red Data Book, which documents endangered species.

This question belongs to: Static General Knowledge International Organizations

Question #3

The World Bank was established as a result of which conference?

A. Bretton Woods Conference

B. Yalta Conference

C. San Francisco Conference

D. Potsdam Conference

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Correct Answer: Option A

Explanation:
The World Bank and IMF were established in 1944 at the Bretton Woods Conference.

This question belongs to: Static General Knowledge International Organizations

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