Q. Consider the following statements regarding International Fund for Agricultural Development (IFAD):
1. It is a specialized agency of the United Nations.
2. Its membership is also open to International Atomic Energy Agency.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, was one of the major outcomes of the 1974 World Food Conference. 

  • The conference was organized by the United Nations in response to the food crises of the early 1970s, when global food shortages were causing widespread famine and malnutrition, primarily in the Sahelian countries of Africa. 
  • IFAD has 177 Member States comprised of developing, middle and high-income countries from all regions of the world who are dedicated to eradicating poverty in rural areas.  
  • Membership in IFAD is open to any State that is a member of the United Nations, any of its specialized agencies or the International Atomic Energy Agency.  

Source: https://www.ifad.org/en/member-states