General Knowledge MCQs
Topic Notes: General Knowledge
MCQs and preparation resources for competitive exams, covering important concepts, past papers, and detailed explanations.
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
11
What was the purpose of the 1973 oil price increase by OPEC?
Answer:
Response to Yom Kippur War
OPEC raised prices by 70% in October 1973 and 130% in December, reacting to Western support for Israel.
12
Which OPEC body meets semiannually to set oil policies?
Answer:
OPEC Conference
The OPEC Conference, with ministers from member states, meets twice yearly to coordinate oil policies.
13
Which city hosted the 11th IEA-IEF-OPEC Workshop in 2025?
Answer:
Vienna
The 11th Joint IEA-IEF-OPEC Workshop on energy markets was held at OPEC's Vienna Secretariat in 2025.
14
Which OPEC+ production adjustment was extended until December 2024?
Answer:
2.2 million b/d cut
Eight OPEC+ countries extended voluntary cuts of 2.2 million b/d, announced in November 2023, until December 2024.
15
What percentage of global oil production did OPEC account for in 2022?
Answer:
38%
OPEC produced 38% of global crude oil in 2022, with OPEC+ collectively producing 59%.
16
Which group, formed in 2016, includes OPEC and non-OPEC oil producers like Russia?
Answer:
OPEC+
OPEC+ includes OPEC members and 10 non-OPEC countries, like Russia, to coordinate oil production and stabilize prices.
17
Which OPEC initiative, established in 1976, supports development in non-member countries?
Answer:
OPEC Fund for International Development
The OPEC Fund, created in 1976, finances development projects in low- and middle-income non-member countries.
18
Which country withdrew from OPEC effective January 2024?
Answer:
Angola
Angola withdrew from OPEC on January 1, 2024, citing misalignment with its production goals, reducing OPEC to 12 members.
19
Who is the current OPEC Secretary General as of 2025?
Answer:
Haitham Al Ghais
Haitham Al Ghais, from Kuwait, has been OPEC's Secretary General since August 2022, overseeing the Secretariat's operations.
20
Which event in 1973 significantly increased OPEC's global influence?
Answer:
Yom Kippur War embargo
OAPEC's 1973 oil embargo against nations supporting Israel during the Yom Kippur War caused a global oil crisis, boosting OPEC's influence.