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Solution- The objectives of the OECD include fostering economic development and cooperation and fighting poverty through the promotion of economic stability. OECD originated in 1948, as the Organisation for European Economic Co-operation (OEEC). The Organisation for European Economic Co-operation (OEEC) was founded to govern the predominantly US-funded Marshall Plan for post-war reconstruction on the continent. The OEEC was instrumental in helping the European Economic Community (EEC). The EEC has evolved into the European Union (EU) to establish a European Free Trade Area. OEEC was renamed as the OECD in 1961 when the USA and Canada joined to reflect a broader membership. The 36 Member Countries consist of Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, South Korea, Latvia, Lithuania, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States. The European Commission participates in the work of the OECD alongside the EU member states.
Consider the following statements aboutRiver Cities Alliance (RCA):
1. Recently, National Mission for Clean Ganga (NMCG) on behalf of RCA...
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to constitute an 11-member taskforce to examine the implications of the...
Which of the following countries has recently been approved to replace Russia in the United Nations Security Council?
What is the name of the Indian Navy ship that made a port call to Port Louis, Mauritius in April 2025?
What mission has the Council of Scientific and Industrial Research (CSIR) launched to enhance farmers' income by using smart agro-technologies?
What is the new name of the Udhampur Railway Station, which was renamed in honor of a brave soldier who received the Shaurya Chakra posthumously?
The ‘Startup Ecosystem Banking’ proposition of which bank offers treasury and transaction banking solutions, lending solutions, digital integrations...
Why is the launch of the vessel Costa Serena significant in India?
What is the purpose of the Version 4.0 Price Monitoring System (PMS) Mobile App launched by the Department of Consumer Affairs?
Gingee Fort, recently nominated for UNESCO World Heritage site, is located in which state?