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. World Bank

D. IASB

Answer: Option D

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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Practice More International Organizations Questions

Question #1

The 'UNEP Champions of the Earth' award is presented for:

A. Promoting literacy

B. Outstanding environmental leadership

C. Achievements in space exploration

D. Contribution to nuclear disarmament

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Correct Answer: Option B

Explanation:
It is the UN's highest environmental honour, awarded by UNEP.

This question belongs to: Static General Knowledge International Organizations

Question #2

The UNESCO 'Memory of the World' programme aims to:

A. Promote world literature

B. Protect endangered languages

C. Digitize all books

D. Preserve documentary heritage

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Correct Answer: Option D

Explanation:
The Memory of the World Programme was launched in 1992 to safeguard documentary heritage against collective amnesia.

This question belongs to: Static General Knowledge International Organizations

Question #3

The International Court of Justice (ICJ) is based in:

A. Geneva

B. The Hague

C. Vienna

D. New York

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Correct Answer: Option B

Explanation:
The ICJ, the principal judicial organ of the UN, sits in the Peace Palace in The Hague, Netherlands.

This question belongs to: Static General Knowledge International Organizations

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