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
