United Nations General Knowledge MCQs
41. What is the maximum period of a member counry which use the foreign exchange extended by IMF to extricate itself from its balance of payments problems?
A. 10 years
B. 7 years
C. 5 years
D. 3 years
Answer:
C. 5 years
42. What qualifies a member to apply for the fund from IMF?
A. Long term Industrial Projects
B. A viable Industrial Project
C. Temporary Balance of Payment Problems
D. None of them
Answer:
C. Temporary Balance of Payment Problems
43. IMF has its headquarters in ___________
A. Geneva
B. Washignton DC
C. London
D. New York
Answer:
B. Washignton DC
44. Who is the current IMF Managing Director?
A. Gordon Tullock
B. Olivier Blanchard
C. Dominique Strauss-Kahn
D. Chrisitine Lagarde
Answer:
D. Chrisitine Lagarde
45. The IMF descritbes itself as organization of 187 countries which is the 186th, member?
A. Kosovo
B. North Korea
C. Cuba
D. Turalu
Answer:
D. Turalu
46. The Economies of the developing nations are monitored by _________
A. ILO
B. WTO
C. IMF
D. WB
Answer:
C. IMF
47. World Bank was established at the Briton Wood conference in
A. 1942
B. 1944
C. 1943
D. 1940
Answer:
B. 1944
48. What is the other name of World Bank
A. Internaational Monetary Fund
B. International Bank for Development
C. None of them
Answer:
B. International Bank for Development
49. Following is the chief objective of the World Bank
A. To assist in the reconstruction oby providing capital of productive purpose
B. To promote private foreign investment by means of guarantees
C. Participation in loans to supplement private investment
D. All of them
Answer:
D. ALL of them
50. The bank provides loans only to members for the purpose of?
A. To bridge the deficit in annual budget
B. To check the balance of payments
C. Financing specific project
D. All of the above
Answer:
C. Financing specific project
