world_organizations medium True/False

OPEC's Statute requires that decisions on substantive matters, including production quotas, be made by unanimous agreement of all member countries.

  1. True
  2. False

Answer: False

OPEC decisions on substantive issues require a unanimous vote of members present and voting, with at least three-quarters of total membership represented. However, in practice, consensus is sought through negotiations, and decisions often reflect compromises among major producers.

Topic OPEC
Exam Relevance UPSC, Banking, SSC
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