IMF and World Bank

Q. This organisation was established in 1945 after the 1944 Bretton Woods Conference held at Bretton Woods. It consists of two main organs known as the IBRD and IDA. Which of the following organisations is talked about here?

1. International Monetary Fund
2. World Bank
3. World Trade Organisation
4. International Labour Organisation

Q. The World Bank and International Monetary Fund are known as which of the following?

1. Birmingham twins
2. Bretton Woods twins
3. Economic revivalist twins
4. UNO twins

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> When did the IMF start?

1. 1948
2. 1945
3. 1950
4. 1951

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Who came up with the idea of the IMF?

1. Milton Friedman
2. John Maynard Keynes
3. Harry Dexter White
4. David Ricardo

Q.

Which of the following country is India's second largest trading partner?

1. China
2. Russia
3. USA
4. Pakistan

Q. The IMF had 29 member countries in 1945, and now it has 189 member countries.

1. True
2. False

Q. Which of the following organisations is responsible for securing global monetary cooperation and securing financial stability?

1. ILO
2. World Bank
3. IMF
4. WTO

Q. Assertion [A]: The International Monetary Fund (IMF) provides precautionary financing in case of financial emergencies to member countries.

Reason [R]: It has been mandated to ensure the stability of the international monetary system.

Read the above given statements carefully and select the option that is true.

1. Both A and R are true. R is the incorrect explanation of A.
2. Both A and R are true. R is the correct explanation of A.
3. A is true but R is false.
4. Both A and R are false.

Q. Pick the correctly matched pairs from the following.

1. World Bank - Funds for growth and development of nations.
2. IMF - International Progressive Alliance and International Financial Authority
3. IMF - International Monetary Cooperation
4. WTO - Global Trade

Q. Explain the function of World Bank.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Name some of the other institutions of the UN.

1. FISA
2. IMF
3. ASCII
4. FAO

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> What are the two main parts of the World Bank?

1. IBRD
2. IDA
3. ISBN
4. IPB

Q. ____________ is the formal name of the World Bank.

1. International Bank for Reconstruction
2. International Bank for Reconstruction and Development
3. International Bank for Development.
4. International Bank for Restructure and Development.

Q. For Western Europe, the Marshall Plan provided ____________.

1. Military assistance
2. Cultural links
3. Technology
4. Medical goods and equipment
5. Economic aid