This quiz works best with JavaScript enabled. Home > Indian Economy > Global > International Organisations And Human Development – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books International Organisations And Human Development Quiz 11 (6 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Both the IMF and the World Bank were created most closely after the end of this world event. A) Cold War. B) WWI. C) WWII. D) Creation of the EU. Show Answer Correct Answer: C) WWII. 2. 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. 3. 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. 4. 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. 5. 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. 6. 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 QuizzesInternational Organisations And Human Development Quiz 1International 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 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books