UAE quits OPEC and OPEC+

1. Question 1Answer B

   The UAE's exit from OPEC and OPEC+ took effect on which date?

   • A1 January 2027
   • BCorrect answer: 1 May 2026
   • C28 April 2026
   • D1 June 2026

   Core Trigger: On 28 April 2026 the UAE announced its exit from OPEC and OPEC+, effective 1 May 2026.From Book 1 RATNA, topic 079, point 1

2. Question 2Answer D

   What reason did the UAE cite for exiting?

   • AQuota disputes with Saudi Arabia
   • BFalling crude prices
   • CSanctions pressure
   • DCorrect answer: National interest and long-term vision

   Stated Reason: The UAE cited its national interest and long-term strategic and economic vision.From Book 1 RATNA, topic 079, point 2

3. Question 3Answer D

   Who is OPEC Secretary General?

   • AMohammad Barkindo
   • BSultan Al Jaber
   • CAbdalla El-Badri
   • DCorrect answer: Haitham Al Ghais

   Current Head: Haitham Al Ghais is OPEC Secretary General; his second term began 1 August 2025.From Book 1 RATNA, topic 079, point 3

4. Question 4Answer C

   OPEC+ links OPEC with non-OPEC producers led by which country?

   • AUnited States
   • BNorway
   • CCorrect answer: Russia
   • DBrazil

   Key Term: OPEC+ is the 2016 Declaration of Cooperation linking OPEC with about ten non-OPEC producers led by Russia.From Book 1 RATNA, topic 079, point 4

5. Question 5Answer A

   Which of the statements is/are correct? 1. OPEC produced about 35 per cent of world crude in 2025. 2. Without the UAE, its share would rise to about 40 per cent.

   • ACorrect answer: Only 1
   • BOnly 2
   • CBoth 1 and 2
   • DNeither

   Data: EIA says OPEC produced about 35% of world crude in 2025, falling to about 31% without the UAE.From Book 1 RATNA, topic 079, point 5

6. Question 6Answer C

   After the UAE exit, OPEC shrinks from 12 to how many members?

   • A9
   • B10
   • CCorrect answer: 11
   • D13

   Stakeholders: OPEC shrinks from 12 to 11 members, as announced; ADNOC chief Sultan Al Jaber called the decision sovereign.From Book 1 RATNA, topic 079, point 6

7. Question 7Answer A

   Where is OPEC headquartered?

   • ACorrect answer: Vienna
   • BGeneva
   • CAbu Dhabi
   • DRiyadh

   Headquarters: OPEC is headquartered in Vienna, Austria.From Book 1 RATNA, topic 079, point 8

8. Question 8Answer A

   At which conference was OPEC created in September 1960?

   • ACorrect answer: Baghdad
   • BVienna
   • CCaracas
   • DTehran

   Founded: OPEC was created at the Baghdad Conference in September 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.From Book 1 RATNA, topic 079, point 9

9. Question 9Answer D

   On which date was the Declaration of Cooperation that created OPEC+ concluded in Vienna?

   • A10 September 2016
   • B10 December 2015
   • C30 November 2016
   • DCorrect answer: 10 December 2016

   Landmark: The Declaration of Cooperation, concluded in Vienna on 10 December 2016, created OPEC+.From Book 1 RATNA, topic 079, point 10

10. Question 10Answer A

    Which of the statements is/are correct? 1. Qatar left OPEC in 2019. 2. Angola announced its exit on 21 December 2023.

    • ACorrect answer: Both 1 and 2
    • BOnly 1
    • COnly 2
    • DNeither

    Doctrine: Withdrawal is a sovereign act of a member state; Qatar left in 2019 and Angola announced its exit on 21 December 2023.From Book 1 RATNA, topic 079, point 12

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