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Standard XII
General Knowledge
Question

Consider the following statements:
1. Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of twelve oil producing countries.
2. Ecuador and Venezuela are members of the OPEC which are non-Arab countries.
Which of the statements given above is/are correct?

  1. Only 1
  2. Only 2
  3. Both 1 and 2
  4. Neither 1 nor 2

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
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Solution
Verified by Toppr

Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations as of May 2017. It was founded in 1960 in Baghdad by the first five members. It is headquartered in Vienna since 1965. Ecuador and Venezuela are the members of the OPEC outside the Arab Countries.

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Similar Questions
Q1
Consider the following statements:
1. Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of twelve oil producing countries.
2. Ecuador and Venezuela are members of the OPEC which are non-Arab countries.
Which of the statements given above is/are correct?

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Q2
Consider the following countries:
1. Bahrain
2. Iraq
3. Libya
4. Algeria
Which of the countries given above are members of the Organisation of Arab Petroleum Exporting Countries (OAPEC)?

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Q3
The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10-14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.
Where are the headquarters of the OPEC?
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Q4
Oil-producing countries have formed the Organization of the Petroleum Exporting Countries (OPEC).
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Q5

39. Consider the following statements related to Organization of the Petroleum Exporting Countries

i. According to current estimates, more than 80% of the world's proven crude oil reserves are located in OPEC Member Countries.

ii. Venezuela, Mexico, Russia , Iran are members of OPEC.

Which of the above statements is/are correct?


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