Which of the following is a primary function of the International Monetary Fund (IMF)?
A) Providing long-term development loans
B) Regulating international trade agreements
C) Offering short-term financial assistance to countries
D) Supervising global stock markets
The World Bank primarily focuses on:
A) Providing short-term loans for financial stability
B) Funding long-term development projects
C) Controlling exchange rates globally
D) Regulating stock markets
Which financial institution provides assistance to countries facing balance of payments crises?
A) World Bank
B) International Monetary Fund (IMF)
C) Asian Development Bank (ADB)
D) World Trade Organization (WTO)
Which arm of the World Bank provides loans to developing countries at low interest rates?
A) International Finance Corporation (IFC)
B) International Development Association (IDA)
C) International Monetary Fund (IMF)
D) World Trade Organization (WTO)
The International Finance Corporation (IFC), a branch of the World Bank, primarily supports:
A) Private sector investment
B) Government budget planning
C) Military funding
D) Currency exchange regulation
Which country has the largest voting power in the IMF?
A) China
B) United States
C) India
D) Germany
Which World Bank organization focuses on resolving investment disputes?
A) International Centre for Settlement of Investment Disputes (ICSID)
B) International Finance Corporation (IFC)
C) Multilateral Investment Guarantee Agency (MIGA)
D) International Monetary Fund (IMF)
Which program is typically associated with IMF loans?
A) Structural Adjustment Program (SAP)
B) Belt and Road Initiative (BRI)
C) European Recovery Program
D) Export Promotion Program
What is a common criticism of IMF loan programs?
A) They promote excessive industrialization
B) They impose strict austerity measures
C) They encourage protectionist policies
D) They reduce global trade
Which of the following is NOT a primary role of the World Bank?
A) Reducing poverty
B) Providing emergency financial bailouts
C) Funding infrastructure projects
D) Supporting education and health programs
Which organization oversees Special Drawing Rights (SDRs)?
A) World Trade Organization (WTO)
B) International Monetary Fund (IMF)
C) World Bank
D) Bank for International Settlements (BIS)
What is the primary function of Special Drawing Rights (SDRs)?
A) To replace national currencies
B) To act as an international reserve asset
C) To fund private corporations
D) To regulate stock exchanges
Which of the following institutions helps with trade liberalization?
A) World Trade Organization (WTO)
B) International Monetary Fund (IMF)
C) World Bank
D) International Finance Corporation (IFC)
Which of the following is a conditionality often attached to IMF loans?
A) Increasing social welfare spending
B) Reducing trade restrictions
C) Cutting government subsidies
D) Expanding military budgets
What does the International Development Association (IDA) mainly assist with?
A) High-income country financial crises
B) Infrastructure development in high-income nations
C) Low-income country development projects
D) Currency exchange management
Which organization is known as the “lender of last resort”?
A) World Bank
B) International Monetary Fund (IMF)
C) Asian Development Bank (ADB)
D) Bank for International Settlements (BIS)
Which global financial institution provides risk insurance for investments in developing countries?
A) International Finance Corporation (IFC)
B) Multilateral Investment Guarantee Agency (MIGA)
C) International Development Association (IDA)
D) World Trade Organization (WTO)
Which region has historically been the largest recipient of World Bank loans?
A) North America
B) Europe
C) Sub-Saharan Africa
D) Middle East
What is a major challenge faced by developing countries when accepting IMF loans?
A) No repayment obligation
B) High-interest rates
C) Strict economic policy conditions
D) No accountability requirements
What is one of the main goals of the IMF?
A) Trade protectionism
B) Global monetary cooperation
C) Currency devaluation
D) Restricting international lending
Which country hosts the headquarters of the World Bank and IMF?
A) Switzerland
B) United Kingdom
C) United States
D) Germany
How does the World Bank raise funds for development projects?
A) Printing money
B) Borrowing from the IMF
C) Issuing bonds in financial markets
D) Imposing global taxes
Which of the following is a benefit of World Bank-funded projects?
A) Short-term profit maximization
B) Infrastructure development
C) Military expansion
D) Stock market growth
Which institution was created after World War II to ensure global financial stability?
A) International Monetary Fund (IMF)
B) World Trade Organization (WTO)
C) European Central Bank (ECB)
D) Asian Infrastructure Investment Bank (AIIB)
Which of the following is a major challenge of IMF structural adjustment programs?
A) Encouraging rapid economic growth
B) Increasing unemployment
C) Providing interest-free loans
D) Expanding social welfare spending
Which financial institution offers policy advice to stabilize economies?
A) World Bank
B) International Monetary Fund (IMF)
C) International Finance Corporation (IFC)
D) World Trade Organization (WTO)
