International Economic Organisations Test 03 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment International Economic Organisations Test 03 Mcqs Preparation Online 1. Where are the headquarters of the IDA ?A. New YorkB. LondonC. Washington, DC D. Geneva Loading... 2. The main function of the World Bank is to:A. Grant long-term loans at little or no interest for projects in developing countriesB. Reduce trade barriers and establish rules of free trade C. Facilitate poor countries to trade at concessional ratesD. Encourage capital investment for the reconstruction and development of its member countries Loading... 3. The World Bank normally gives:A. Medium and long-term LoansB. Long-term loansC. Medium-term loansD. Short-term loans Loading... 4. How many governments have contributed to the capital of the World Bank ?A. 158B. 154C. 144 D. 150 Loading... 5. The IDA gives development credits to the developing countries for a period of at least:A. 20 yearsB. 10 years C. 15 yearsD. 25 years Loading... 6. The International Bank for Reconstruction and Development (IBRD), known as World Bank, began its operations in:A. 1946B. 1945C. 1944 D. 1947 Loading... 7. At what rate of interest does the World Bank provide loan to underdeveloped countries ?A. 4.50%B. 6.50%C. 5.50%D. 7.50% Loading... 8. 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 guaranteeing loans made by private investors through investment channels D. By granting or participating in direct loans out of its own funds Loading... 9. The highest percentage of the World Bank's total loans have been made for the development of:A. Energy B. TransportC. IndustryD. Agriculture Loading... 10. An affiliate of the World Bank, the International Development Association (IDA) was set up in:A. 1962B. 1950 C. 1960D. 1956 Loading... Loading...
