question_answer

  'A democracy is incomplete without Universal Adult Franchise'. Explain the values which are associated with Universal Adult Franchise.                                        

Answer:

                  The United Nations was established on 24 October, 1945 to promote international cooperation. It has six principal organs, the General Assembly, the Security Council, the Economic and Social Council, the Secretariat, the International Court of Justice and the United Nations Trusteeship Council (which has been inactive since 1994). (i) All the 193 member countries have one vote each in the General Assembly. But assembly cannot take any decision about what action should be taken in case of conflict between different countries. It can recommend on any matter, except matters of peace and security. (ii) The Security Council is the most important and powerful UN organ that takes crucial decisions. Its real power lies in the hands of five permanent members which also enjoy 'veto' power. (iii) The IMF (International Monetary Fund) is an international organisation which is the biggest moneylender for any country in the world. Its 188 members states do not have equal voting rights. The vote of each country is weighed by how much money it has contributed to the IMF. More than 54 per cent of the voting power in the IMF is in the hands of only ten countries. (iv) The World Bank is an international financial institution that provides loans to developing countries. The Presidents of the World Bank (so far 12 presidents) has always been a citizen of the US, conventionally nominated by the Treasury Secretary (Finance Minister) of the US government. The international organisations are thus becoming less democratic. Their working is affected by the American dominance in the international politics.