Q1. Which of the following constitute the World Bank?
1. IBRD
2. IDA
3. IFC
4. IMF
Select the correct answer using the code given below
a) 1,2 and 3
b) 1 and 2
c) 1 and 3
d) All of these
Q2. India is the member of the following international organization
1. Indian Ocean Rim Association for regional Cooperation.
2. Organization for Economic Cooperation and Development.
Which of the statements given above are correct?
a) Only 1
b) Only 2
c) Both 1 and 2
d) Neither 1 nor 2
Q3. Consider the following statements
1. IMF and World Bank both are Bretton Wood heir.
2. World Bank provides long-term loan for promoting balance economic development.
3. IMF provides loans to eliminate BoP disequilibrium.
Which of the statements given above are correct?
a) 1 and 2
b) 2 and 3
c) 1 and 3
d) All of these
Q4. Consider the following statements
1. IMF was established in 1944.
2. IMF was 188 member countries.
Which of the statements given above are correct?
a) Only 1
b) Only 2
c) Both 1 and 2
d) Neither 1 nor 2
Q5. Which of the following statements is true for IMF?
a) It is not an agency of UNO
b) It can grant loan to any country
c) It can grant loan State Governments of India
d) It can grants loan only to member nations
Q6. Choose the correct statements regarding the IBRD of the World Bank Group.
1. IBRD gets its money from the capital markets.
2. It has triple A rating since 1959.
Which of the statements given above are correct?
a) Both 1 and 2
b) Neither 1 nor 2
c) Only 1
d) Only 2
Q7. Choose the correct option related to World Bank Organizations IBRD and IDA.
1. India use IDA funds on social sector.
2. India use IBRD funds on infrastructure development.
3. IBRD loan is cheaper then IDA loans.
Which of the statements given above are correct?
a) Only 1
b) 1 and 3
c) 1 and 2
d) 2 and 3
Q8. Consider the following countries
1. Brazil
2. Mexico
3. South Africa
According to UNCTAD which of the above are categorized as emerging economy.
a) Only 1
b) 1 and 3
c) 2 and 3
d) All of these
Q9. In the context of International Trade Dumping refers to
a) Selling a commodity cheaper in foreign market and costly in domestic market
b) Sending cheap goods to developing countries by developed countries.
c) Free distribution of used products by developed countries in developing countries.
d) All of the above
Q10. The headquarters of World Trade Organization are at
a) Doha
b) Geneva
c) Rome
d) New York
ANSWER:- 1-A, 2-A, 3-D, 4-C, 5-B, 6-A, 7-C, 8-D, 9-A, 10-B