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Quick Facts: Important Organizations

What is the main purpose of the United Nations (UN)?

The United Nations (UN) is an international organization founded in 1945 to maintain international peace and security, develop friendly relations among nations, and promote social progress, better living standards, and human rights.

Which organization is responsible for regulating global trade?

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably, and freely as possible.

What does SAARC stand for and what is its goal?

SAARC stands for the South Asian Association for Regional Cooperation. Its primary objective is to promote the welfare of the peoples of South Asia and to improve their quality of life through economic growth, social progress, and cultural development in the region.

What is the primary role of the State Bank of Pakistan (SBP)?

The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its primary roles include maintaining monetary stability, regulating the country's financial system, and managing foreign exchange reserves.