International Financial Institutions & Public Policy MCQs with Answer
The primary purpose of the International Monetary Fund (IMF) is to:
a) Provide long-term development loans
b) Ensure global financial stability and economic growth
c) Regulate international trade agreements
d) Fund military operations
Which international financial institution provides loans to developing countries for infrastructure projects?
a) IMF
b) World Bank
c) WTO
d) ADB
The Asian Development Bank (ADB) primarily focuses on:
a) European economic integration
b) Economic development in the Asia-Pacific region
c) Regulating global trade
d) Monitoring exchange rates
Which institution is responsible for monitoring exchange rate policies of its member countries?
a) WTO
b) IMF
c) UNDP
d) World Bank
The World Bank consists of how many institutions?
a) Two
b) Three
c) Four
d) Five
Which of the following is NOT a function of the IMF?
a) Providing emergency financial assistance
b) Offering policy advice to member countries
c) Regulating international trade
d) Conducting economic research
Which of the following institutions is part of the World Bank Group?
a) WTO
b) IBRD
c) OPEC
d) NATO
The International Finance Corporation (IFC) is responsible for:
a) Providing military aid
b) Supporting private sector development in developing countries
c) Regulating foreign exchange rates
d) Managing global oil reserves
Which financial institution is known for providing technical and financial assistance for poverty reduction?
a) WTO
b) IMF
c) World Bank
d) BIS
The main objective of the WTO is to:
a) Regulate exchange rates
b) Facilitate free and fair global trade
c) Provide direct funding to businesses
d) Develop military policies
Which institution is responsible for setting global monetary policies?
a) World Bank
b) IMF
c) United Nations
d) ADB
The purpose of the Structural Adjustment Programs (SAPs) by the IMF and World Bank is to:
a) Encourage economic stability and growth in developing countries
b) Strengthen military alliances
c) Reduce global population growth
d) Promote nationalist trade policies
Which of the following organizations provides funding for climate change initiatives?
a) WTO
b) Green Climate Fund
c) IMF
d) UNDP
Which of the following is a criticism of the IMF and World Bank?
a) They focus too much on environmental policies
b) Their policies may increase inequality in borrowing countries
c) They do not support developing countries
d) They only operate in Europe and North America
Which international financial institution provides short-term loans to countries facing a balance of payments crisis?
a) World Bank
b) WTO
c) IMF
d) ADB
Which of the following organizations provides financial and policy support to African nations?
a) Asian Development Bank (ADB)
b) African Development Bank (AfDB)
c) Inter-American Development Bank (IDB)
d) WTO
Which financial institution was established to help rebuild Europe after World War II?
a) World Bank
b) IMF
c) BIS
d) United Nations
Which global financial institution helps regulate international banking standards?
a) IMF
b) WTO
c) Bank for International Settlements (BIS)
d) World Bank
What is the role of the International Development Association (IDA)?
a) Provide funding for military operations
b) Support economic reforms in developed countries
c) Offer concessional loans to the world’s poorest countries
d) Regulate financial markets
The International Monetary Fund was established in:
a) 1919
b) 1944
c) 1971
d) 1995
Which of the following institutions was created at the Bretton Woods Conference?
a) NATO
b) WTO
c) IMF and World Bank
d) European Union
Which of the following is a major lending policy of the World Bank?
a) Infrastructure development loans
b) Short-term balance of payments support
c) Currency stabilization programs
d) Trade protectionism measures
Which financial institution provides funding for Latin American countries?
a) African Development Bank (AfDB)
b) Inter-American Development Bank (IDB)
c) Asian Development Bank (ADB)
d) WTO
Which of the following policies is often associated with IMF assistance?
a) Protectionist trade policies
b) Austerity measures
c) Increased government spending
d) Isolationism
What is the primary role of the European Investment Bank (EIB)?
a) Provide military funding
b) Finance infrastructure and development projects in Europe
c) Regulate global financial markets
d) Control currency exchange rates
Which global institution works to combat money laundering and terrorist financing?
a) WTO
b) FATF (Financial Action Task Force)
c) World Bank
d) ADB
Which of the following organizations focuses on debt relief for heavily indebted poor countries?
a) WTO
b) IMF and World Bank
c) ADB
d) UNDP
Which international financial institution supports economic development through grants rather than loans?
a) IMF
b) WTO
c) United Nations Development Programme (UNDP)
d) BIS
Which institution supports global public health financing?
a) WHO
b) IMF
c) World Bank
d) WTO