Economics MCQ Quiz Hub

Economics International Economic Organisations

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1. When did the international Monetary Fund (IMF) begin its operations?




2. What is the present total number of members of the IMF?




3. Where are the headquarters of the IMF?




4. What rate of interest does the IMF charge for providing additional confessional balance of payments assistance under the structural adjustment facility to low income countries?




5. When was the first amendment to the Articles of the IMF made which led to the creation of the Special Drawing Rights (SDR) facility?




6. Which one of the following is not a function of the IMF?




7. The IMF institute conducts courses covering a wide spectrum of subjects in financial analysis and policy making for officials from member in Washington. When was it established?




8. The IMF approves the creation of a given amount of new SDRs. These SDRs are distributed among the participating countries on the basis of their:




9. Which of the following currencies is at present not included in the valuation of the SDRs?




10. In 1974 the IMF changed the basis of valuation of the SDR by calculating the value of the SDR from a basket of currencies of several major countries. What was the number of currencies included in the valuation of the SDR in 1974?




11. Where are the headquarters of the International Labour Organisation (ILO)?




12. When was the ILO established as an autonomous part of the League of Nations?




13. In which year was the ILO awarded the Nobel Peace Prize?




14. Which is the oldest organisation among the four?




15. What was the total number of member countries of the Colombo Plan for Cooperative Economic Development in South and South-East Asia which was set up in 1950?




16. One of the following countries was not a member country of the Colombo Plan. Identify it:




17. In which month of 1945 was the Food and Agriculture Organisation (FAO) set up?




18. In 1951 the FAO was transferred from its temporary headquarters in Washington DC to:




19. The FAO come into formal being in 1945 with the signing of its constitution at a converence held in:




20. An affiliate of the World Bank the International Finance Corporation (IFC) became effective in:




21. The International Bank for Reconstruction and Development (IBRD) known as World Bank began its operations in:




22. The main function of the World Bank is to:




23. At what rate of interest does the World Bank provide loan to underdeveloped countries?




24. The World Bank normally gives:




25. In which of the following ways does the World Bank give loans to members?




26. How many governments have contributed to the capital of the World Bank?




27. An affiliate of the World Bank the International Development Association (IDA) was set up in:




28. Where are the headquarters of the IDA?




29. The IDA gives development credits to the developing countries for a period of at least:




30. How many lending nations formed the Aid India Club to help India out of her foreign exchange difficulties?




31. Which of the following does not match?




32. The main function of the IFC is to:




33. Which financial institution is known as the soft loan window from which underdeveloped countries can borrow in hard currencies?




34. The main function of the IDA is to:




35. An international conference was held in Geneva in 1947 to consider matters relating to common trade and tariff policy which led to the establishment of the General Agreement on Tariffs and Trade (GATT) in the following year. How many countries attended this conference?




36. Where are the headquarters of the General Agreement on Tariffs and Trade (GATT) organisation?




37. There have been a series of rounds of negotiations between the signatories of GATT designed to reduce trade barriers on a multilateral basis. The first round took place in 1947. Which round came to be known as Kennedy Round?




38. When was the Uruguay Round of multilateral trade negotiations under the GATT launched?




39. Including the Uruguay Round how many multilateral trade negotiations have been held in the GATT to far?




40. The headquarters of the World Health Organisation are located at:




41. When was the World Health Organisation (WHO) set up?




42. Where are the headquarters of the United Nations Fund for Population Activities located?




43. When was the United Nations Fund for Population Activities set up?




44. Where is the central secretarial of the Association of South-East Asian Nations (ASEAN) locted?




45. The aim of the ASEAN is to accelerate economic and social progress and maintain stability in the region. When was it formed?




46. How many countries are members of the ASEAN?




47. The International Fund for Agricultural Development is a one billion dollar fund used for raising food production in developing countries and providing employment to poor and landless farmers. What proportion of this fund has been contributed by industrialized nations?




48. When was the International Fund for Agricultural Development set up?




49. The International Fund for Agricultural Development has its headquarters in:




50. When was the Council of Europe which aims to protect and promote economic and social progress of its members set up?




51. Where are the headquarters of the Council of Europe?




52. Two organisations were conceived at the Breton Woods conference held in 1944. One was the IBRD. Which was the other?




53. Where are the headquarters of the United Nations Industrial Development Organisation (UNIDO)?




54. When was the Organisation of Economic Cooperation and Development (OECD) formed?




55. The headquarters of OECD are located at:




56. Where are the headquarters of the European Economic Community?




57. How many countries are the members of the European Economic Community (EEC)?




58. Identify one of the new members of the European Economic Community?




59. In which year did the Eropean Economic Community (EEC) popularly known as the European Common Market (ECM) come into existence?