As a part of revision for Prelims 2018, Here’s a Factoid to brush up your concepts
Global Grouping name : International Court of Justice
Recently in News because : Justice Dalveer Bhandari was re-elected as a judge at the International Court of Justice (ICJ),making him the third Indian to secure a prominent position in a United Nations (UN) body in recent months
Objective : Settle legal disputes submitted to it by states, duly authorized international branches, agencies, and the UN General Assembly
Members : The International Court of Justice is composed of 15 judges elected to nine-year terms of office by the United Nations General Assembly and the Security Council
Headquarters : The Hague, The Netherlands
Year Founded : Established in 1945
Global Grouping name : Permanent Court of Arbitration (PCA)
Objective : Provide services of arbitral tribunal to resolve disputes between member states, international organizations, or private parties arising out of international agreements
Members : The PCA has 121 member states: 119 members of the United Nations, as well as Kosovo and Palestine
Headquarters : The Hague, The Netherlands
Year Founded : 1899