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MCQs -for Competitive Exams & Improve Knowledge

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What does OSCE stand for?

  • (A) Organization for Security and Cooperation in Europe
  • (B) Office for Security and Communication in Europe
  • (C) Offshore Security and Cooperation Europe
  • (D) Organization for Safety and Cooperation in Europe

Answer: Organization for Security and Cooperation in Europe

OSCE is a regional security organization focused on conflict prevention arms control and human rights.

What does OPEC stand for?

  • (A) Organization of Petroleum Exporting Countries
  • (B) Offshore Petroleum Exporting Consortium
  • (C) Oil Producer Export Council
  • (D) Organization of Petroleum Engineers

Answer: Organization of Petroleum Exporting Countries

OPEC is an international organization of oil-exporting nations that coordinates and unifies petroleum policies.

What does ONGC stand for?

  • (A) Oil and Natural Gas Corporation
  • (B) Offshore Natural Gas Corporation
  • (C) Organization of Natural Gas Companies
  • (D) Online National Gas Corporation

Answer: Oil and Natural Gas Corporation

ONGC is a major oil and gas exploration company in India involved in the extraction of natural resources.

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What does OMCS stand for?

  • (A) Online Management Control System
  • (B) Offshore Management Control System
  • (C) Operations Management Control System
  • (D) Online Money Control System

Answer: Online Management Control System

OMCS is an online-based system designed for the management and monitoring of operations and control.

What does OLTAS stand for?

  • (A) Online Tax Accounting System
  • (B) Offshore Tax Accounting System
  • (C) Online Treasury and Accounting System
  • (D) Offshore Taxation and Accounting System

Answer: Online Tax Accounting System

OLTAS is an online system implemented by India?s tax department for accounting of taxes.

What does OIL stand for?

  • (A) Oil India Limited
  • (B) Overseas International Logistics
  • (C) Organization of International Logistics
  • (D) Offshore Indian Logistics

Answer: Oil India Limited

OIL is an Indian state-owned oil and gas exploration company engaged in the exploration and production of crude oil.

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What does OIGS stand for?

  • (A) Office of Inspector General Services
  • (B) Office of International Government Services
  • (C) Office of Information Gathering Services
  • (D) Office of Integrity Governance Services

Answer: Office of Inspector General Services

OIGS is typically a body that oversees and audits the operations of a government or large organization to ensure accountability.

What does OIC stand for?

  • (A) Organization of Islamic Cooperation
  • (B) Organization of International Cooperation
  • (C) Offshore International Cooperation
  • (D) Organization of Integrated Countries

Answer: Organization of Islamic Cooperation

OIC is an international organization with a focus on the interests of Islamic countries.

What does OGL stand for?

  • (A) Open General License
  • (B) Online General License
  • (C) Official Goods License
  • (D) Offshore Goods License

Answer: Open General License

OGL refers to a license that allows for unrestricted import or export of certain goods.

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What does OECD stand for?

  • (A) Organization for Economic Cooperation and Development
  • (B) Office of Economic Cooperation and Development
  • (C) Organization of Economically Collaborative Development
  • (D) Overseas Economic Cooperation and Development

Answer: Organization for Economic Cooperation and Development

OECD is an international organization that promotes policies to improve economic and social well-being worldwide.

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