This quiz works best with JavaScript enabled. Home > General Knowledge > Indian Economy > Global > International Organisations And Human Development – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books International Organisations And Human Development Quiz 4 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What was the name of the group formed before WW2 to try and stop wars A) United Nations. B) Champions League of Nations. C) NATO. D) League of Nations. Show Answer Correct Answer: D) League of Nations. 2. International trade is mutually beneficial to nations if it results in:a) specialisation of skillsb) Higher level of productionc) Worldwide availability of goods and servicesd) differentiation of prices and wagese) diffusion of knowledge and culture A) All the statements are correct. B) Only a, b, c and d are correct. C) Only a, b, c and e are correct. D) All the statements are incorrect. Show Answer Correct Answer: C) Only a, b, c and e are correct. 3. Who was the first country to borrow from IMF? A) Germany. B) France. C) Canada. D) China. Show Answer Correct Answer: B) France. 4. Voting rights in the IMF are distributed on the basis of: [CDS 1993] A) One country, one vote. B) Proportion to the share of the income of the country in the world income. C) Proportion to contributions given by each country. D) Proportion to quota alloted to countries from time to time. Show Answer Correct Answer: D) Proportion to quota alloted to countries from time to time. 5. Where are most of the countries of OPEC located? A) Southwest Asia. B) South American. C) Africa. D) North American. Show Answer Correct Answer: A) Southwest Asia. 6. ASEAN group includes: A) 10 Countries. B) 29 Countries. C) 6 Countries. D) 18 Countries. Show Answer Correct Answer: A) 10 Countries. 7. Which of the following is not a chief organ of the United Nations Organisation? A) International Labour Organisation. B) International Court of Justice. C) General Assembly. D) Security Council. Show Answer Correct Answer: A) International Labour Organisation. 8. Which UN body deals with population problem? A) UNESCO. B) UNFPA. C) UNDP. D) UNICEF. Show Answer Correct Answer: B) UNFPA. 9. Permanent Secretariat to coordinate the implementation of SAARC programme is located at- A) Dhaka. B) New Delhi. C) Colombo. D) Kathmandu. Show Answer Correct Answer: D) Kathmandu. 10. When was G20 established? A) 1995. B) 1998. C) 1999. D) 2000. Show Answer Correct Answer: C) 1999. 11. In an economic crisis, countries often need ..... financing from IMF to help them overcome their BOP problems. A) Stand By arrangement. B) Supplementary Finance Facility. C) Gold or Reserve tranche. D) Extended Fund Facility. Show Answer Correct Answer: A) Stand By arrangement. 12. Regarding the International Monetary Fund, which one of the following statements is correct? [CSAT 2011] A) It can grant loans to the central bank of a country. B) It can grant loans to only developed countries. C) It can grant loans to any country. D) It grants loans to only member countries. Show Answer Correct Answer: D) It grants loans to only member countries. 13. This is not one of the panchasheela principle. A) Non invasion of each other. B) Non interference in each other's inernal issues. C) Do not belive each other. D) Peaceful coexistence. Show Answer Correct Answer: C) Do not belive each other. 14. ..... refers to international financial assistance to a country whose export earnings have suffered as a result of a decline in primary commodity prices. Such a system was instituted in 1963 by the IMF. A) Stand By arrangement. B) Supplementary Finance Facility. C) Compensatory Financing Facility. D) Extended Fund Facility. Show Answer Correct Answer: C) Compensatory Financing Facility. 15. How many countries are there in IMF? A) 191. B) 189. C) 190. D) 250. Show Answer Correct Answer: C) 190. 16. Identify the achievements of SAARC A) Chinese ambitions. B) India as a hegemon. C) People to people exchange. D) None of above. Show Answer Correct Answer: C) People to people exchange. 17. What might be the key characteristics that have set the BRICS apart? A) Increased influence and participation in international organisations such as the United Nations. B) Increasing economic and military capabilities. C) Increasing capacity for independent action in order to fulfill their own national interests. D) All of the above. Show Answer Correct Answer: D) All of the above. 18. The country which is not under any other country's control either for internal or external issues is. A) Isolation country. B) Monopoly country. C) Sovereign country. D) Single country. Show Answer Correct Answer: C) Sovereign country. 19. Which of the following is not the member of the G20? A) Mexico. B) Indonesia. C) Singapore. D) Turkey. Show Answer Correct Answer: C) Singapore. 20. Both the IMF and the World Bank were created most closely after the end of this world event. A) WWI. B) Creation of the EU. C) WWII. D) Cold War. Show Answer Correct Answer: C) WWII. 21. The ..... makes short-term loans of foreign currencies that the borrowing country must use to finance the stabilization of its own currency. A) World Trade Organization. B) World Bank. C) IMF. D) All of the above. Show Answer Correct Answer: C) IMF. 22. Why was the World Bank established? A) To promote the International Trade. B) To reconstruct the economies damaged during the Second World War. C) To improve the adverse Balance of Payment situation of the nonmember countries. D) None of the above. Show Answer Correct Answer: B) To reconstruct the economies damaged during the Second World War. 23. Individual citizens may participate in this organization whose main goal is to help people around the world by responding to disasters and running programs in local communities. A) The North Atlantic Treaty Organization. B) The Red Cross and Red Crescent. C) The European Union. D) The United Nations. Show Answer Correct Answer: B) The Red Cross and Red Crescent. 24. Trade barriers should be lowered through negotiations. What principle is this? A) Non-discrimination. B) Free trade. C) Predictability. D) Promotion of fair competition. E) Development and economic reform should be encouraged. Show Answer Correct Answer: B) Free trade. 25. In both BRICS and SAARC, China and India are perceived to be a A) Participant. B) Hegemon. Show Answer Correct Answer: B) Hegemon. ← PreviousRelated QuizzesIndian Economy QuizzesGeneral Knowledge QuizzesInternational Organisations And Human Development Quiz 1International Organisations And Human Development Quiz 2International Organisations And Human Development Quiz 3Globalisation And The Indian Economy QuizIndia S Foreign Policy QuizIndustries Infrastructure And Foreign Trade Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books