This quiz works best with JavaScript enabled. Home > Indian Economy > Global > International Organisations And Human Development – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books International Organisations And Human Development Quiz 6 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. WHICH INSTITUTION DOES NOT BELONG TO WORLD BANK? A) The International Development Association (IDA). B) The International Finance Corporation (IFC). C) The international Center for Settlement of investment Disputes (ICSID). D) The international Court of Justice. Show Answer Correct Answer: D) The international Court of Justice. 2. HOW MANY INSTITUTIONS DOES WORLD BANK HAVE? A) 7. B) 5. C) 6. D) 4. Show Answer Correct Answer: B) 5. 3. SAARC stands for A) South American Association for Regional Cooperation. B) South Asian Association for Regional Cooperation. Show Answer Correct Answer: B) South Asian Association for Regional Cooperation. 4. Who represents India at the G-20 Summit? A) Prime Minister. B) President. C) Foreign Minister. D) Finance Minister. Show Answer Correct Answer: A) Prime Minister. 5. What are the conditions called that receiving countries must agree to? A) Structural Adjustment Programmes. B) Economic Development Plans. C) Poverty Reduction Strategies. D) None of above. Show Answer Correct Answer: A) Structural Adjustment Programmes. 6. What is the purpose of privatisation in neo-liberal capitalism? A) To promote socialism and equality. B) To generate profits for the government. C) To ensure the widest possible role for the private sector. D) None of above. Show Answer Correct Answer: C) To ensure the widest possible role for the private sector. 7. From where is the logo of the G20 2023 summit inspired? A) India's national flag. B) Russia's national flag. C) France's national flag. D) None of the above. Show Answer Correct Answer: B) Russia's national flag. 8. Which industry does the government of Saudi Arabia heavily control? A) Oil. B) Technology. C) Agriultural. D) Textile manufacturing. Show Answer Correct Answer: A) Oil. 9. Besides UK, USA, Germany and Japan the G-7 countries includes- A) Canada, France and Russia. B) Canada, Italy and Netherlands. C) France, Netherlands and Russia. D) Canada, France and Italy. Show Answer Correct Answer: D) Canada, France and Italy. 10. Find the odd SAARC member country out:Afghanistan, Bangladesh, Bhutan, India, Maldives, Myanmar Nepal, Pakistan, and Sri Lanka A) Bhutan. B) Myanmar. Show Answer Correct Answer: B) Myanmar. 11. Which country currently owes the greatest loan to IMF? A) USA. B) Portugal. C) England. D) Mexico. Show Answer Correct Answer: D) Mexico. 12. How many countries are members of the G-20? A) 20. B) 21. C) 22. D) 23. Show Answer Correct Answer: B) 21. 13. The WTO cooperates with World Bank in order to facilitate coordination of global policies. What is this function? A) It facilitates co-operation with other international organisations. B) It monitors national trade policies. C) It provides technical assistance and training for developing countries. D) It provides a forum for trade negotiations. E) It handles trade disputes. Show Answer Correct Answer: A) It facilitates co-operation with other international organisations. 14. This international organization is a group of 28 countries that have agreed to protect each other in case of attack. A) North Atlantic Treaty Organization (NATO). B) North American Free Trade Agreement (NAFTA). C) United Nations (UN). D) World Trade Organization (WTO). Show Answer Correct Answer: A) North Atlantic Treaty Organization (NATO). 15. What is a potential negative consequence of neo-liberal capitalism? A) Expatriates taking management positions. B) Increased government control over industries. C) Limited job prospects for local people. D) Higher wages for the majority of the population. Show Answer Correct Answer: C) Limited job prospects for local people. 16. Observe Table 8.5. Which item has the largest share in total imports of India. A) Petroleum and Petroleum products. B) Chemical products. C) Edible oils. D) Iron and Steel. Show Answer Correct Answer: A) Petroleum and Petroleum products. 17. What is the theme of the G20 summit happening in India? A) Shaping an Interconnected World. B) Fighting poverty with rigidity. C) "One Earth-One Family-One Future" . D) None of the Above. Show Answer Correct Answer: B) Fighting poverty with rigidity. 18. Developing countries should be offered flexibility with respect to lowering their trade barriers, more time to adjust to change and special privileges. 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: E) Development and economic reform should be encouraged. 19. IMF has how many countries as its members? A) 187. B) 188. C) 180. D) 189. Show Answer Correct Answer: B) 188. 20. A primitive system of trade where direct exchange of goods take place: A) Local Trade. B) Barter Trade. C) National Trade. D) International Trade. Show Answer Correct Answer: B) Barter Trade. ← PreviousNext →Related 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 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