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Q41 (IAS/2010) International Relations & Global Affairs › International Organisations & Groupings › International financial institutions Answer Verified

Which one of the following is not related to United Nations ?

Result
Your answer: —  ·  Correct: D
Explanation

Options 1 (MIGA) and 2 (IFC) are explicitly listed as members of the World Bank Group, and option 3 (ICSID) is the World Bank’s facility for conciliation and arbitration of investment disputes; these links are shown in authoritative sources describing the World Bank Group and its dispute-settlement arm [2]. While the World Bank Group and its associated institutions are distinct from the United Nations system, they are all part of the broader multilateral institutional landscape. The Bank for International Settlements (option 4), however, is a separate international organization serving central banks and is not part of the UN system or the World Bank Group, making it the correct choice as “not related to United Nations.”

Sources

  1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Important Facts > p. 523
  2. [2] Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 13: International Organizations > The Multilateral Investment Guarantee Agency (MIGA) > p. 400
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