Governance & Public Policies

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

Answer
b) Ensure global financial stability and economic growth

Which international financial institution provides loans to developing countries for infrastructure projects?
a) IMF
b) World Bank
c) WTO
d) ADB

Answer
b) World Bank

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

Answer
b) Economic development in the Asia-Pacific region

Which institution is responsible for monitoring exchange rate policies of its member countries?
a) WTO
b) IMF
c) UNDP
d) World Bank

Answer
b) IMF

The World Bank consists of how many institutions?
a) Two
b) Three
c) Four
d) Five

Answer
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

Answer
c) Regulating international trade

Which of the following institutions is part of the World Bank Group?
a) WTO
b) IBRD
c) OPEC
d) NATO

Answer
b) IBRD

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

Answer
b) Supporting private sector development in developing countries

Which financial institution is known for providing technical and financial assistance for poverty reduction?
a) WTO
b) IMF
c) World Bank
d) BIS

Answer
c) World Bank

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

Answer
b) Facilitate free and fair global trade

Which institution is responsible for setting global monetary policies?
a) World Bank
b) IMF
c) United Nations
d) ADB

Answer
b) IMF

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

Answer
a) Encourage economic stability and growth in developing countries

Which of the following organizations provides funding for climate change initiatives?
a) WTO
b) Green Climate Fund
c) IMF
d) UNDP

Answer
b) Green Climate Fund

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

Answer
b) Their policies may increase inequality in borrowing countries

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

Answer
c) IMF

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

Answer
b) African Development Bank (AfDB)

Which financial institution was established to help rebuild Europe after World War II?
a) World Bank
b) IMF
c) BIS
d) United Nations

Answer
a) World Bank

Which global financial institution helps regulate international banking standards?
a) IMF
b) WTO
c) Bank for International Settlements (BIS)
d) World Bank

Answer
c) Bank for International Settlements (BIS)

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

Answer
c) Offer concessional loans to the world’s poorest countries

The International Monetary Fund was established in:
a) 1919
b) 1944
c) 1971
d) 1995

Answer
b) 1944

Which of the following institutions was created at the Bretton Woods Conference?
a) NATO
b) WTO
c) IMF and World Bank
d) European Union

Answer
c) IMF and World Bank

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

Answer
a) Infrastructure development loans

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

Answer
b) Inter-American Development Bank (IDB)

Which of the following policies is often associated with IMF assistance?
a) Protectionist trade policies
b) Austerity measures
c) Increased government spending
d) Isolationism

Answer
b) Austerity measures

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

Answer
b) Finance infrastructure and development projects in Europe

Which global institution works to combat money laundering and terrorist financing?
a) WTO
b) FATF (Financial Action Task Force)
c) World Bank
d) ADB

Answer
b) FATF (Financial Action Task Force)

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

Answer
b) IMF and World Bank

Which international financial institution supports economic development through grants rather than loans?
a) IMF
b) WTO
c) United Nations Development Programme (UNDP)
d) BIS

Answer
c) United Nations Development Programme (UNDP)

Which institution supports global public health financing?
a) WHO
b) IMF
c) World Bank
d) WTO

Answer
c) World Bank

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button