World Economy MCQ Questions and Answers - 1

Question: 1

The Economic and Social Commission for Asia and Pacific (ESCAP) is located at

(A) Kuala Lumpur

(B) Singapore

(C) Manila

(D) Bangkok

Question: 2

In which year was the new currency ‘Euro’ introduced?

(A) 1996

(B) 1997

(C) 1998

(D) 1999

Question: 3

Which of the following denotes the organisation commonly known as the ‘World Bank’?

(A) International Bank for Reconstruction and Development (IBRD)

(B) International Bank for Economic Operation (BEC)

(C) European Economic Community (EEC)

(D) International Monetary Fund (IMF)

Question: 4

Which of the following statements is true about Asian Development Bank?

(A) It is a Commercial Bank

(B) It gives loans only for housing projects

(C) It is a subsidiary of World Bank

(D) It was sponsored by UN

Question: 5

World Trade Organisation is the new name of

(A) World Bank

(B) Rome

(C) GATT

(D) IMF