gs1medium

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

  1. A.Multilateral Investment Guarantee Agency
  2. B.International Finance Corporation
  3. C.International Centre for Settlement of Investment Disputes
  4. D.Bank for International Settlements
▶ Answer & Explanation

Correct answer: D. Bank for International Settlements

The Multilateral Investment Guarantee Agency (MIGA), the International Finance Corporation (IFC), and the International Centre for Settlement of Investment Disputes (ICSID) are all specialized agencies or bodies affiliated with the World Bank Group, which is an integral part of the United Nations system. In contrast, the Bank for International Settlements (BIS) is an international financial institution owned by member central banks, established to foster international monetary and financial cooperation but is not a UN agency.

Source: UPSC gs1 2010

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