The correct answer is: B. NAM
The Non-Aligned Movement (NAM) is a group of developing countries that are not formally aligned with any major power bloc. It was founded in 1961 by 25 countries, including India, Egypt, Yugoslavia, and Ghana. The NAM has since grown to include over 120 countries.
The Africa Fund (Action for Resisting Invasion, Colonialism and Apartheid) was established by the NAM in 1963 to provide financial and material assistance to African countries struggling against colonialism, apartheid, and neo-colonialism. The fund was initially administered by India, but it is now managed by a rotating group of NAM member states.
The other options are incorrect. The United Nations (UNO) is an international organization founded in 1945 after the Second World War by 51 countries committed to maintaining international peace and security, developing friendly relations among nations and promoting social progress, better living standards and human rights. The South Asian Association for Regional Cooperation (SAARC) is an intergovernmental organization of eight countries in South Asia: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka, and Afghanistan. The Commonwealth of Nations is a voluntary association of 54 independent countries, most of which were formerly part of the British Empire.