This quiz works best with JavaScript enabled. Home > Indian Economy > Global > International Organisations And Human Development – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books International Organisations And Human Development Quiz 1 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Countries that want to join the IMF must ..... A) Pay a quota. B) Pay each of the existing members an entrance fee. C) Agree to allow IMF conditionally. D) Recognize the importance of the US. Show Answer Correct Answer: A) Pay a quota. 2. WHICH COUNTRY IS THE TOP BORROWER OF WORLD BANK? A) Mexico. B) Republic of Korea. C) Cuba. D) Thailand. Show Answer Correct Answer: A) Mexico. 3. Which of the following is not an objective of the G-20 Summit? A) Promoting global economic growth. B) Enhancing financial regulation. C) Improving international trade relations. D) Promoting religious harmony. Show Answer Correct Answer: D) Promoting religious harmony. 4. International peace and cooperation is discussed in the ..... of our Constitution A) 51 article. B) 41 article. C) 52 article. D) 61 article. Show Answer Correct Answer: A) 51 article. 5. ..... is the 25% component of a member country's quota with the IMF that is in the form of gold/ foreign currency and withdrawn virtually at will by the members. A) Stand By arrangement. B) Supplementary Finance Facility. C) Gold or Reserve tranche. D) Extended Fund Facility. Show Answer Correct Answer: C) Gold or Reserve tranche. 6. Which one among the following is not a clause of World Trade Organization? [CDS 2012] A) Most favoured nation. treatment. B) Lowering trade barriers with negotiations. C) Providing financial support to the countries having deficit balance of payments. D) Discouraging unfair trade practices such as antidumping and export subsidies. Show Answer Correct Answer: C) Providing financial support to the countries having deficit balance of payments. 7. Governments, firms, investors etc., should have confidence that trade barriers will not be raised arbitrarily. 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: C) Predictability. 8. World bank is the largest lender in the world? A) True. B) False. C) Can't say. D) None of above. Show Answer Correct Answer: A) True. 9. Which of the following is a main function of WTO? A) Reviewing national trade policies. B) Administering trade agreements. C) Settling trade dispute. D) All is correct. Show Answer Correct Answer: D) All is correct. 10. The International Development Association, a lending agency, is administered by the [IAS 2010] A) International Bank for Reconstruction and Development. B) International Fund for Agricultural Development. C) United Nations Development Programme. D) United Nations Industrial Development Organization. Show Answer Correct Answer: A) International Bank for Reconstruction and Development. 11. WHERE IS THE HEADQUARTER OF WORLD BANK? A) WASHINGTON, D.C. B) CALIFORNIA. C) NEW HAMPSHIRE. D) FLORIDA. Show Answer Correct Answer: A) WASHINGTON, D.C. 12. EU, ASEAN, SAARC and BRICS are all form of A) Multilateral regional cooperation. B) Bilateral cooperation. Show Answer Correct Answer: A) Multilateral regional cooperation. 13. World bank provides- A) Low interest loans. B) Grants to developing countries. C) Investment for education development. D) All of these. Show Answer Correct Answer: D) All of these. 14. What is letter G in G20? A) Group. B) General. C) Global. D) Great. Show Answer Correct Answer: A) Group. 15. WHAT WAS THE PARENT ORGANIZATION OF WORLD BANK? A) World Bank Institute. B) World Bank Corporation. C) World Bank Group. D) World Bank Association. Show Answer Correct Answer: C) World Bank Group. 16. What determines a country's borrowing power from the IMF? A) Country size. B) Loan size. C) A quota. D) The World Bank. Show Answer Correct Answer: C) A quota. 17. Why was OPEC created? A) To regulate the supply and price of oil. B) To help the Palestinians in their problems with Israel. C) To design new machinery to get oil out of the ground. D) To keep countries that are not members from producing any oil. Show Answer Correct Answer: A) To regulate the supply and price of oil. 18. Human Development Index comprises literacy rates, life expectancey at birth and: [IAS 1997] A) Gross domestic product per head in the US dollars. B) Gross domestic product per head at real purchasing power. C) Gross national product in US dollars. D) National income per head in US dollars. Show Answer Correct Answer: B) Gross domestic product per head at real purchasing power. 19. WHICH COUNTRY IS THE LARGEST SHAREHOLDER OF IBRD? A) Japan. B) China. C) The United States. D) The United Kingdom. Show Answer Correct Answer: C) The United States. 20. In 1971 these countries signed an agreement of 20 years peace and cooperation. A) India Russia. B) India America. C) India china. D) Russia America. Show Answer Correct Answer: A) India Russia. Next →Related QuizzesIndian Economy QuizzesInternational Organisations And Human Development Quiz 2International Organisations And Human Development Quiz 3International Organisations And Human Development Quiz 4International Organisations And Human Development Quiz 5International Organisations And Human Development Quiz 6International Organisations And Human Development Quiz 7International Organisations And Human Development Quiz 8International Organisations And Human Development Quiz 9International Organisations And Human Development Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books