What is OECD
(1). OECD stands for Organisation for Economic Co-operation and Development
(2). It is an international economic organisation
(3). Established in 1961
(4). Secretariat : Paris
(5). Members : 35
(6). Latvia has joined in July, 2016
(7). Aims to stimulate economic progress and world trade
(8). Its members are committed to Democracy and Market Economy
(9). Most OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries
(10). India is not a member of OECD