The Organisation for Economic Co-operation and Development (OECD; is an intergovernmental economic organisation with 36 member countries,[1] founded in 1961 to stimulate economic progress and world trade.
Most OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries.
OECD originated in 1948, as the Organisation for European Economic Co-operation (OEEC). led by Robert Marjolin of France, to help administer the Marshall Plan (which was rejected by the Soviet Union and its satellite states).
The OECD's headquarters are at the Château de la Muette in Paris, France.
OECD is an official United Nations observer and is referred to as a think-tank or as a monitoring group.
The OECD also maintains a “blacklist” of nations that are considered uncooperative tax havens.
India and Organisation for Economic Co-operation and Development (OECD) has signed an agreement to enable India’s participation in Programme for International Students Assessment (PISA) to be held in 2021.
- PISA is an international survey held every three years, coordinated by the Organization for Economic Cooperation and Development (OECD).
- First conducted in 2000, the major domain of study rotates between reading, mathematics, and science in each cycle.
- It is a competency-based test designed to assess the ability of the 15-year-old candidates that measures their reading, mathematics, and science literacy every three years to apply their knowledge to real-life situations.
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