Which year was the International Monetary Fund (IMF) established?
A) 1944
B) 1945
C) 1950
D) 1960
Which year was the World Bank established?
A) 1935
B) 1940
C) 1944
D) 1955
Where are the headquarters of the IMF and World Bank located?
A) New York, USA
B) Washington, D.C., USA
C) London, UK
D) Geneva, Switzerland
Which conference led to the creation of the IMF and World Bank?
A) Bretton Woods Conference
B) Washington Summit
C) United Nations Conference
D) G7 Summit
How many member countries are part of the IMF?
A) 150
B) 170
C) 189
D) 200
What is the main function of the IMF?
A) Providing grants to developing countries
B) Promoting international monetary cooperation and financial stability
C) Regulating stock markets
D) Controlling world trade
What is the main function of the World Bank?
A) Providing long-term loans and development assistance
B) Controlling inflation worldwide
C) Managing exchange rates
D) Supervising central banks
Which of the following is a key financial assistance program of the IMF?
A) Poverty Reduction and Growth Facility
B) Structural Adjustment Program
C) Global Economic Initiative
D) International Credit Facility
What is the name of the World Bank’s concessional lending arm for the poorest countries?
A) International Development Association (IDA)
B) International Finance Corporation (IFC)
C) Multilateral Investment Guarantee Agency (MIGA)
D) Global Development Fund (GDF)
Which of the following institutions is part of the World Bank Group?
A) International Monetary Fund (IMF)
B) World Trade Organization (WTO)
C) International Finance Corporation (IFC)
D) United Nations Development Programme (UNDP)
Which quota-based system determines IMF member countries’ voting power?
A) GDP-based quota
B) Special Drawing Rights (SDR) quota
C) Gold reserves quota
D) Global Trade Index
Which currency is NOT included in the IMF’s Special Drawing Rights (SDR) basket?
A) US Dollar
B) Euro
C) Japanese Yen
D) Indian Rupee
Which country is the largest shareholder in the IMF?
A) China
B) United States
C) Germany
D) United Kingdom
Which of the following organizations is responsible for overseeing global financial stability?
A) United Nations
B) World Trade Organization (WTO)
C) International Monetary Fund (IMF)
D) International Labor Organization (ILO)
What does the World Bank primarily focus on?
A) Short-term financial crisis management
B) Development projects and poverty reduction
C) International trade regulations
D) Military funding for developing nations
Which country has received the most financial assistance from the IMF in recent years?
A) Greece
B) Argentina
C) Pakistan
D) Egypt
Which World Bank initiative focuses on climate change?
A) Green Climate Fund
B) Climate Investment Funds (CIF)
C) IMF Sustainability Plan
D) UN Environment Programme
Who is the current president of the World Bank (as of 2025)?
A) Kristalina Georgieva
B) Ajay Banga
C) David Malpass
D) Jim Yong Kim
Who is the current Managing Director of the IMF (as of 2025)?
A) Christine Lagarde
B) Kristalina Georgieva
C) Jim Yong Kim
D) David Malpass
Which country was the first to receive an IMF loan?
A) France
B) United Kingdom
C) Mexico
D) Brazil
Which financial institution provides political risk insurance to investors?
A) IMF
B) World Bank
C) Multilateral Investment Guarantee Agency (MIGA)
D) Asian Development Bank (ADB)
Which of the following is a major criticism of IMF policies?
A) Promotes excessive taxation
B) Forces countries into economic dependence
C) Does not provide financial aid
D) Ignores developed countries
Which country has the highest voting power in the World Bank?
A) China
B) United States
C) Germany
D) Japan
Which IMF program helps countries facing balance of payments problems?
A) Global Assistance Program
B) Stand-By Arrangement (SBA)
C) Economic Recovery Plan
D) Debt Relief Fund
Which World Bank institution focuses on private sector development?
A) International Development Association (IDA)
B) International Finance Corporation (IFC)
C) IMF Stabilization Fund
D) World Trade Fund
What is the main goal of the IMF’s Extended Fund Facility (EFF)?
A) Short-term lending
B) Long-term structural reforms
C) Military funding
D) Agricultural investment
Which region receives the most funding from the World Bank?
A) Europe
B) South Asia
C) Sub-Saharan Africa
D) Middle East
Which organization helps low-income countries through debt relief?
A) World Bank
B) IMF
C) Heavily Indebted Poor Countries Initiative (HIPC)
D) United Nations
