Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: Contemporary Centres of power

Question:

The full form of OECD is:

(1) Organization for Export Co-operation and Development

(2) Organization for Economic Co-operation and Development

(3) Organization for Energy Co-operation and Development

(4) Organization for Europe Co-operation and Development

Options:

1

2

3

4

Correct Answer:

2

Explanation:

The correct answer is Option 2 - 2 Organization for Economic Co-operation and Development

The full form of OECD is Organization for Economic Co-operation and Development.

The Organization for Economic Co-operation and Development (OECD) is an intergovernmental organization founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members.