All MCQs for Competitive Exams

1171

What instrument, adopted by the OECD in 1997, criminalizes the offering of bribes to foreign public officials in international business transactions?

A

The BEPS Action Plan

B

The OECD Anti-Bribery Convention

C

The Paris Declaration

D

The Convention on the Law of Treaties

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1172

The **OECD Better Life Index** is an interactive tool that allows users to compare countries based on:

A

GDP per capita only.

B

Eleven topics of well-being, ranging from housing and income to health, education, and life satisfaction.

C

The number of patents filed annually.

D

The total volume of international trade.

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1173

Which of the following describes the key mechanism of the OECD, often referred to as **peer review**?

A

A voluntary program where countries share their best practices and hold each other accountable for agreed-upon standards and policies.

B

A legally binding enforcement process for international law.

C

An external audit conducted by an independent agency.

D

A process for electing the head of the organization.

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1174

The OECD's work on **Pensions and Financial Markets** aims to promote:

A

Global standardization of banking regulations.

B

Sustainable, safe, and efficient pension systems and well-regulated financial markets.

C

Mandatory government ownership of all banks.

D

Restricting international capital flows.

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1175

What major global challenge is the OECD currently focusing on by developing policy tools for its members?

A

The regulation of global satellite orbits.

B

The future of work, digitalization (AI), and climate transition.

C

Standardizing military communication codes.

D

Funding private space exploration.

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1176

The **OECD Economic Surveys** are published periodically for each member country with the goal of:

A

Imposing mandatory economic reforms.

B

Analyzing the country's economic performance and recommending structural policy reforms.

C

Setting the country’s annual inflation target.

D

Approving the country’s national budget.

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1177

The highest decision-making body of the OECD, composed of all Member Countries, is the:

A

The Council

B

The Executive Committee

C

The General Assembly

D

The Development Assistance Committee

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1178

The **BEPS Project** (Base Erosion and Profit Shifting) led by the OECD aims to address challenges arising from what practice?

A

Global trade imbalances.

B

Tax planning strategies used by multinational enterprises (MNEs) that exploit gaps and mismatches in tax rules.

C

Trade in agricultural commodities.

D

Regulation of financial derivatives.

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1179

The OECD is a pioneer in developing international standards to combat:

A

Military aggression.

B

Tax evasion, money laundering, and corruption (e.g., bribery of foreign public officials).

C

Global climate change (mitigation only).

D

Trade in services.

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1180

What is the key instrument published by the OECD that ranks countries based on student performance in reading, mathematics, and science?

A

The Global Competitiveness Report

B

The Human Development Report (HDR)

C

The Programme for International Student Assessment (PISA)

D

The World Education Outlook

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