Step 1 — About UNCTAD:
The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body. Its main objective is to integrate developing countries into the world economy fairly by addressing issues of trade, investment, and development.
Step 2 — Location of headquarters:
The headquarters of UNCTAD is situated in Geneva, Switzerland. Geneva is also home to several other important UN bodies and international organisations, making it a hub for global diplomacy and trade discussions.
Step 3 — Functions of UNCTAD:
From its Geneva headquarters, UNCTAD carries out research, policy analysis, and data collection. It also provides technical assistance to developing countries, organises conferences, and helps nations negotiate trade agreements and development strategies.
Step 4 — Conclude:
Thus, the United Nations Conference on Trade and Development (UNCTAD) is located at Geneva.
Answer: The correct option is (B) : Geneva.