Describe vicious cycle, SAARC ASEAN, NITI AYOG , HDI, IMF,World Bank, OPEC,WTO,WHO,RBI,UNICEF,GDP. Don't copy on net
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SAARC..
South Asian Association of Regional Cooperation
it means the regional inter governmental organisation and Geo political Union of nations in South Asian countries its members are include only Eight countries Afghanistan, Bangladesh , Bhutan , India , Nepal , Maldives , Pakistan and Sri Lanka
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ASEAN..
Association of SouthEast Asian Nation
it is formed by Singapore , the Philippines Malaysia , Indonesia and Thailand in 1967 it is made to promote the political and economical cooperation of regional stability
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NITI..
National Institution for Transforming India
NITI is also known as NITI AAYOG
it was formed on 1 January 2015 formed via resolution of the Union Cabinet
NITI AAYOG is the premier policy "Think Tank"of the Government of India is providing both directional and policy inputs
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HDI..
HUMAN DEVELOPMENT INDEX
it means to develop the human index
It is a composite statistic of life Expectancy , Education, and Per Capita Income indicator, which are used to Rank the countries into the Four tiers of human government
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IMF..
International Monetary Fund
it is an international organisation headquartered in Washington DC of "189" countries working to Foster Global monetary Corporation secure financial stability , facilitate international trade , promote high employment and sustainable economic growth , and reduce poverty
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WORLD BANK
It is an international financial institution that provides loans to countries for the world for capital project .It comprises two institution:- the International Bank for Reconstruction and development (IBRD) and the International Development Association(IDA)
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OPEC..
Organisation of the Petroleum Exporting Countries
It was founded in Baghdad, Iraq with the signing of an agreement in September 1960 by 5 countries they are namely Islamic republic of Iran Iraq , Kuwait , Saudi , Arab and Venezula. They were to become the Founder members of the organisation
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WTO..
World Trade Organisation
It is the only Global International Organisation dealing with the rules of trade between Nations. At its heart are the WTO agreements , negotiate and signed by the bulk of world's trading nations of ratified in their parliament
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RBI..
Reserve Bank of India
It is the India's Central banking institution , which controls the monetary policy of the Indian rupee. It commonced its operation on 1 April 1935 in accordance with the Reserve Bank of India Act. 1934.
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UNICEF..
United Nations Children's Fund
It is a United Nation(UN ) program headquarter in New York City that provides humanitarian and developmental assistance to children and mothers in developing countries
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GDP..
Gross Domestic Product
It is a monetary measure of the market value of all final goods and services produced in a period quarterly or yearly.
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hope this will help you
Savit11:
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SAARC ASEAN, NITI AYOG , HDI, IMF,World Bank, OPEC,WTO,WHO,RBI,UNICEF,GDP.
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