World Bank and International Monetary Fund

Q. Which of the following is not an international organisation?

1. International Monetary Fund
2. World Bank
3. Planning Commission
4. World Trade Organization

Q. Which of the following organisations provides financial support to countries in case of a financial emergency?

1. World Wide Fund
2. World Trade Organization
3. International Monetary Fund
4. World Bank

Q. How can the IMF and the World Bank help countries struggling with economic crises?

1. By providing financial assistance to countries facing economic crises
2. By establishing the rules of international trade
3. By ensuring greater market access to all member countries
4. By helping nations formulate policies related to foreign trade

Q. Which of the following cities hosts the headquarters of the International Monetary Fund and the World Bank?

1. Texas
2. Geneva
3. Washington, D.C.
4. California

Q. The World Bank and the International Monetary Fund have their headquarters in Washington, D.C., in the U.S.A.

1. True
2. False

Q. Which of the following is an important criterion to be fulfilled by the countries to avail a loan from the IMF?

1. Repay the loan in a short period of time.
2. Repay the loan with a notably higher rate of interest.
3. Agree and implement the conditions put forth by the IMF.
4. Spend the whole loan amount on public welfare programmes.