Pakistan Affairs

IMF & World Bank’s Role in Pakistan MCQs With Answer

The International Monetary Fund (IMF) was established in which year?
A) 1940
B) 1945
C) 1950
D) 1960

The World Bank Group consists of how many institutions?
A) Three
B) Four
C) Five
D) Six

Pakistan became a member of the IMF in which year?
A) 1947
B) 1950
C) 1958
D) 1965

The primary purpose of the IMF is to:
A) Provide long-term development loans
B) Maintain international financial stability
C) Support military aid
D) Manage global trade agreements

Which currency is most commonly used in IMF transactions?
A) Euro
B) British Pound
C) US Dollar
D) Chinese Yuan

Which of the following Pakistani prime ministers secured the first IMF loan?
A) Liaquat Ali Khan
B) Zulfikar Ali Bhutto
C) Benazir Bhutto
D) Feroz Khan Noon

What is the primary function of the World Bank in Pakistan?
A) Providing military aid
B) Funding infrastructure and development projects
C) Regulating trade policies
D) Controlling the stock market

Which of the following financial assistance programs has the IMF provided to Pakistan?
A) Poverty Alleviation Fund
B) Structural Adjustment Program (SAP)
C) Green Climate Fund
D) Education Reform Initiative

Pakistan’s most recent IMF bailout package was approved in which year?
A) 2016
B) 2019
C) 2021
D) 2023

The World Bank provides funds primarily for:
A) Defense spending
B) Economic development projects
C) Stock market investments
D) Importing foreign goods

Which sector in Pakistan has received the most funding from the World Bank?
A) Healthcare
B) Energy
C) Defense
D) Tourism

What is the role of the IMF’s Extended Fund Facility (EFF)?
A) To provide grants for education
B) To offer long-term financial assistance for economic stability
C) To help developing countries in trade negotiations
D) To fund political campaigns

The Pakistan Poverty Alleviation Fund (PPAF) was launched with financial support from:
A) IMF
B) World Bank
C) United Nations
D) Asian Development Bank

Which Pakistani city hosts the World Bank office?
A) Karachi
B) Islamabad
C) Lahore
D) Peshawar

IMF loans to Pakistan are often tied to economic reforms such as:
A) Increase in military spending
B) Privatization and tax reforms
C) Expansion of government employees
D) Reduction in education budgets

The World Bank has funded which major dam project in Pakistan?
A) Tarbela Dam
B) Kalabagh Dam
C) Mohmand Dam
D) Warsak Dam

Which economic crisis led Pakistan to seek multiple IMF bailouts?
A) Global financial crisis (2008)
B) Oil price crash (2014)
C) Balance of payments crisis
D) Stock market crash (2020)

What is the main criticism of IMF policies in Pakistan?
A) They provide excessive grants
B) They increase debt and economic burden
C) They focus too much on industrial development
D) They do not affect Pakistan’s economy

The IMF requires Pakistan to meet which conditions before granting loans?
A) Increase in foreign exchange reserves
B) Implementation of economic reforms
C) Reduction in fiscal deficit
D) All of the above

Which major infrastructure project in Pakistan has received World Bank funding?
A) CPEC
B) Karachi Circular Railway
C) Dasu Hydropower Project
D) Orange Line Metro Train

The IMF and World Bank are headquartered in which city?
A) London
B) Washington, D.C.
C) Geneva
D) New York

Which Pakistani prime minister successfully negotiated an IMF bailout in 2019?
A) Nawaz Sharif
B) Imran Khan
C) Shahid Khaqan Abbasi
D) Shehbaz Sharif

Which currency reserves are closely monitored by the IMF in Pakistan?
A) Foreign exchange reserves
B) Gold reserves
C) Cryptocurrency reserves
D) Stock market reserves

Which economic indicator does the IMF track for Pakistan’s loan program?
A) Population growth
B) Inflation rate
C) Climate change policies
D) Tourism industry growth

Which program of the World Bank focuses on education reforms in Pakistan?
A) Digital Pakistan Initiative
B) Punjab Education Sector Reform Program
C) IMF Stability Plan
D) Pakistan Growth Fund

What is a major disadvantage of Pakistan taking frequent IMF loans?
A) Dependence on foreign aid
B) Strengthening of local industries
C) Rapid GDP growth
D) Reduction in trade relations

Which of the following has Pakistan received most frequently from the IMF?
A) Grants
B) Structural Adjustment Programs
C) Technical Assistance
D) Investment Opportunities

What is the IMF’s recommended solution for Pakistan’s debt crisis?
A) Increase in social welfare spending
B) Reduction in subsidies and tax reforms
C) Expansion of government employment
D) Lowering interest rates

Pakistan’s biggest financial obligation under IMF loans is:
A) Lowering inflation
B) Loan repayments with interest
C) Reducing unemployment
D) Strengthening military spending

Which energy sector project in Pakistan was supported by the World Bank?
A) Neelum-Jhelum Hydropower Project
B) CPEC Coal Power Plants
C) Karachi Nuclear Power Plant
D) K-Electric Grid Expansion

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