World Economy Quiz Questions and Answers - 2

Question: 6

The main function of I.M.F. is to

(A) help to solve balance of payment problems of member countries

(B) arrange international deposits from banks

(C) act as a private sector lending arm of the World Bank

(D) finance investment loans to developing countries

Question: 7

Compensatory and Contingency Financing Facility is a fund for helping member countries and is maintained by

(A) Asian Development Bank

(B) International Monetary Fund

(C) The World Bank

(D) The European Community

Question: 8

The four Pacific Tiger Economies are

(A) Indonesia, The Phillippines, North Korea and Japan

(B) Singapore, Taiwan, Hong Kong and South Korea

(C) China, Japan, Hong Kong and Singapore

(D) Japan, Indonesia, Singapore and Hong Kong

Question: 9

GATT is an international organization helping in

(A) Trading with socialist countries

(B) Trading with communist countries

(C) Trading between developing countries

(D) None of these

Question: 10

Which of the following organizations has rated India as the sixth largest economy in the world?

(A) Asian Development Bank

(B) International monetary fund

(C) European Development Bank

(D) World Bank