Top 150+ Solved Issues in International Politics MCQ Questions Answer
Q. The duty of International Monetary Fund include…………………
a. working to foster global monetary cooperation
b. facilitate international trade
c. promote high employment and sustainable economic growth
d. all of the above
Q. When was IMF established?
a. december 27,1945
b. january. 30, 1947
c. january.1, 1946
d. september. 24, 1947
Q. The IMF was conceived at a UN conference in Bretton Woods, New Hampshire, UnitedStates, in ………………
a. july 1941
b. july 1942
c. july 1943
d. july 1944
Q. Which of the following statement is NOT correct regarding the membership of the IMF?
a. currently its membership is 189
b. all "member countries" of the imf are members of the united nations
c. all member countries of the imf are not sovereign states
d. nauru is the latest member of the imf
Q. The value of Special Drawing Right (SDR) is determined by the basket of 5 currencieslike Japanese Yen, British Pound, Chinese Yuan and Euro and………………………
a. indian rupees
b. us dollar
c. bangladesh taka
d. none of these
Q. Which of the following currency has largest weightage in the determination of the value ofthe SDR?
a. japanese yen
b. euro
c. us dollar
d. british pound
Q. Which of the following is not the objective of the IMF?
a. to promote international monetary cooperation
b. to ensure balanced international trade
c. to ensure exchange rate stability
d. to provide loan to private sectors
Q. Which one of the following is the function of International Finance Corporation?
a. to promote international monetary cooperation
b. to provide loan to private sectors
c. to ensure balanced international trade
d. to ensure exchange rate stability
Q. Which of the following statement is NOT correct about the quota at the IMF?
a. voting power in the imf is based on a quota system
b. usa has highest quota in the imf
c. germany has third highest quota in the imf
d. indian quota in the imf stands at 2.79% of the total quotal quota
Q. Indian quota in the IMF stands at ……………………… of the total quotal quota .
a. 2.79%
b. 5.67%
c. 6.49%
d. 3.4%
Q. If the Balance of Payment of a country is adverse, then which institution will help thatcountry?
a. world bank
b. world trade organization
c. international monetary fund
d. asian development bank
Q. Which of the following currency is not included in the calculation of Special DrawingRight (SDR) value?
a. yen
b. yuan
c. rupee
d. pound sterling