Economics International Economic Organisations Test 03 Mcqs Preparation Online International Economic Organisations Test 03 Mcqs Preparation Online 1. Where are the headquarters of the IDA ?A. GenevaB. Washington, DC C. LondonD. New York Loading... 2. The main function of the World Bank is to:A. Reduce trade barriers and establish rules of free trade B. Facilitate poor countries to trade at concessional ratesC. Grant long-term loans at little or no interest for projects in developing countriesD. Encourage capital investment for the reconstruction and development of its member countries Loading... 3. At what rate of interest does the World Bank provide loan to underdeveloped countries ?A. 7.50%B. 4.50%C. 5.50%D. 6.50% Loading... 4. How many governments have contributed to the capital of the World Bank ?A. 158B. 154C. 150D. 144 Loading... 5. An affiliate of the World Bank, the International Development Association (IDA) was set up in:A. 1950 B. 1960C. 1962D. 1956 Loading... 6. The IDA gives development credits to the developing countries for a period of at least:A. 10 years B. 20 yearsC. 25 yearsD. 15 years Loading... 7. The International Bank for Reconstruction and Development (IBRD), known as World Bank, began its operations in:A. 1946B. 1945C. 1947D. 1944 Loading... 8. The World Bank normally gives:A. Short-term loans B. Medium and long-term LoansC. Long-term loansD. Medium-term loans Loading... 9. In which of the following ways does the World Bank give loans to members ?A. All of the aboveB. By granting loans out of funds raised in the marketC. By granting or participating in direct loans out of its own funds D. By guaranteeing loans made by private investors through investment channels Loading... 10. The highest percentage of the World Bank's total loans have been made for the development of:A. Energy B. AgricultureC. TransportD. Industry Loading... Loading... Related PostsInternational Economic Organisations Test 01 Mcqs…International Economic Organisations Test 06 Mcqs…International Economic Organisations Test 02 Mcqs…International Economic Organisations Test 04 Mcqs…International Economic Organisations Test 05 Mcqs…International & National Tarde Test 01 Mcqs Preparation… Continue Reading Previous International Economic Organisations Test 02 Mcqs Preparation OnlineNext International Economic Organisations Test 04 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ