United Nations Development Group - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about International Fund for Agricultural Development(IFAD)?

1.It is a member of the United Nations Development Group.
2. It's headquarter is in Mexico city.

a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Only 1

Explanation:
International Fund for Agricultural Development(IFAD) is a specialized agency of the United Nations dedicated to eradicating rural poverty in developing countries. It was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. Its headquarters is in Rome,Italy.

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