This quiz works best with JavaScript enabled. Home > Indian Economy > Global > International Organisations And Human Development – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books International Organisations And Human Development Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Find the odd member country outDuring its formation in 2006 its members were Brazil, Russia, India, China, and South Africa respectively. A) South Africa. B) China. C) Brazil. D) None of above. Show Answer Correct Answer: A) South Africa. 2. Indo-China relationship is based on principles. A) Communist and Hindu. B) Political and Economic. C) Panchsheel and Hindi-Chini Bhai-Bhai. D) Democracy and Equality. Show Answer Correct Answer: C) Panchsheel and Hindi-Chini Bhai-Bhai. 3. India and China's mutual relationships were guided by. A) Non-Alied Movement. B) Panchasheela principles. C) Aparthied policy. D) Human rights declarations. Show Answer Correct Answer: B) Panchasheela principles. 4. The assistance provided to developing countries concerns trade-related issues arising from WTO trade agreements. 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: C) It provides technical assistance and training for developing countries. 5. Which of the following organizations is not affiliated with the G-20? A) International Monetary Fund (IMF). B) World Trade Organization (WTO). C) World Bank. D) United Nations (UN). Show Answer Correct Answer: D) United Nations (UN). 6. Which of the following is not true about 'Balance of Trade'? A) Developing countries have negative balance of trade. B) Developed countries have negative balance of trade. C) It refers to the difference between the value of imports and the value of exports. D) Balance of trade has no relation with developing and developed countries. Show Answer Correct Answer: B) Developed countries have negative balance of trade. 7. Kochi and Karwar in India are examples of: A) Inland Port. B) Naval Port. C) Out Ports. D) Comprehensive Ports. Show Answer Correct Answer: B) Naval Port. 8. How often is the G-20 Summit held? A) Annually. B) Biennially. C) Triennially. D) Quadrennially. Show Answer Correct Answer: A) Annually. 9. Which country is scheduled to host the 2022 G-20 Summit? A) India. B) Italy. C) Saudi Arabia. D) Japan. Show Answer Correct Answer: B) Italy. 10. ..... is a group of countries agree to abolish all trade restrictionsand barriers A) Common market. B) Economic Union. C) Free Trade Area. D) Custom Union. Show Answer Correct Answer: C) Free Trade Area. 11. Where is the World Bank HQ? A) New York. B) Washington DC. C) Brussels. D) Berlin. Show Answer Correct Answer: B) Washington DC. 12. Very often we read about the Doha Ministerial Conference 2001 in reference to WTO negotiations. What were the major issues over which nations were of different opinions? [Punjab & Sindh Bank 2011] A) Providing subsidy to agriculture. B) Export of patented drugs/medicines by developed nations. C) Restriction on natural movement of people from one nation to other. D) Only A. E) Only B. F) Only C. G) Both A and C. H) None of these. Show Answer Correct Answer: D) Only A. 13. 'Difference of natural resources' is an important basis of interanational trade. Which of the following factors doesn't explain difference in natural resources? A) Mineral resources are unevenly distributed. B) Variation in climate causes variation in natural vegetation. C) Densely populated countries have large volume of internal trade. D) None of these. Show Answer Correct Answer: C) Densely populated countries have large volume of internal trade. 14. International trade is based on which of the following principles? A) Principle of Comparative advantage. B) It should be mutually beneficial to the trading partners. C) Complimentarity and Specialisation of skills. D) All of these. Show Answer Correct Answer: D) All of these. 15. The South Asian Free Trade Area (SAFTA) is an agreement which aims to A) Build a stronger political alliance by 2016. B) Reduce customs duties of all traded goods to zero by the year 2016. Show Answer Correct Answer: B) Reduce customs duties of all traded goods to zero by the year 2016. 16. When was South Africa inducted into BRIC (Brazil, Russia, India, China) to form BRICS? A) 2008. B) 2009. C) 2010. D) 2011. Show Answer Correct Answer: C) 2010. 17. What does IMF do? A) Promotes International financial stability and monetary cooperation. B) Helps its members use trade as a means to raise living standards. C) The principle goal is to ensure that goods, services and labour can move easily across boarders. D) Promotes work to build better policies for better lives. Show Answer Correct Answer: A) Promotes International financial stability and monetary cooperation. 18. Unfair practices such as dumping and export subsidies are discouraged. 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: D) Promotion of fair competition. 19. Which of the following is an example of 'Entreport'? A) Kolkata Port. B) Athens. C) Singapore. D) London. Show Answer Correct Answer: C) Singapore. 20. What is the initial impact of Structural Adjustment Programmes? A) An increase in living standards. B) Government subsidies on basic goods. C) Improved access to education and healthcare. D) A drop in living standards. Show Answer Correct Answer: D) A drop in living standards. ← 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 6International Organisations And Human Development Quiz 7International Organisations And Human Development Quiz 8International Organisations And Human Development Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books