1. When was Saudi Arabia proclaimed as a kingdom?
a) 10 March 1902
b) 19 May 1914
c) 23 September 1932
d) 14 October 1948
2. Which sea is to the west of Saudi Arabia?
a) Aegean
b) Bering
c) Arabian
d) Red
3. Which of the following countries is to the south of Saudi Arabia?
a) Yemen
b) Jordan
c) Kuwait
d) Qatar
The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.
OPEC’s objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.