{"id":18226,"date":"2023-12-16T12:32:14","date_gmt":"2023-12-16T07:02:14","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=18226"},"modified":"2025-04-05T09:30:38","modified_gmt":"2025-04-05T04:00:38","slug":"unidroit","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/unidroit\/","title":{"rendered":"International Institute for the Unification of Private Law"},"content":{"rendered":"<h2>About International Institute for the Unification of Private Law<\/h2>\n<ul>\n<li>It is an independent intergovernmental Organisation.<\/li>\n<li>It was\u00a0set up in 1926 as an auxiliary organ of the League of Nations, following the demise of the League it was re-established in 1940 on the basis of a multilateral agreement, the UNIDROIT Statute.<\/li>\n<li>Members: It consists\u00a0of 65 Member States drawn from the five continents and represent a variety of different legal, economic and political systems as well as different cultural backgrounds.<\/li>\n<li>Funding: The Institute is financed by annual contributions from its Member States which are fixed by the General Assembly.<\/li>\n<li>Structure\n<ul>\n<li>It has an essentially three-tiered structure, made up of a\u00a0Secretariat, a Governing Council and a General Assembly.\u00a0<\/li>\n<li>The Secretariat is the executive organ of UNIDROIT responsible for carrying out its Work Programme from day to day.<\/li>\n<li>It is headed by a Secretary-General appointed by the Governing Council on the nomination of the President of the Institute.<\/li>\n<li>The Secretary-General is assisted by a team of international civil servants and supporting staff.<\/li>\n<li>The\u00a0Governing Council supervises all policy aspects.<\/li>\n<li>The General Assembly is the ultimate decision-making organ of UNIDROIT.\u00a0<\/li>\n<\/ul>\n<\/li>\n<li>Languages:\u00a0The official languages are English, French, German, Italian and Spanish; its working languages are English and French.<\/li>\n<li>India has been a member\u00a0of this organization since 1950.<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1) What is the League of Nations?<\/h3>\n<p>The League of Nations (1920 \u2013 1946) was the first intergovernmental organization established \u201cto promote international cooperation and to achieve international peace and security\u201d. It is often referred to as the \u201cpredecessor\u201d of the United Nations. Its founding document \u2013 the Covenant of the League of Nations \u2013 was drafted during the peace negotiations at the end of the First World War.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/indian-candidate-elected-to-governing-council-of-unidroit-9068757\/\" target=\"_blank\" rel=\"nofollow noopener\"><u>Indian candidate elected to governing council of UNIDROIT<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Institute for the Unification of Private Law  was set up in 1926 as an auxiliary organ of the League of Nations, following the demise of the League it was re-established in 1940 on the basis of a multilateral agreement, the UNIDROIT Statute.<\/p>\n","protected":false},"author":5,"featured_media":18227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-18226","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/18226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=18226"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/18226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/18227"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=18226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=18226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=18226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}