Chapter:

20+ International Organisations and Human Development Solved MCQs

in Indian Economy

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Arts (BA) , Bachelor of Arts in Economics (BA Economics) , Union Public Service Commission (UPSC) .

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1.	G-77 summit is a forum for: [CDS 2000]
A.	North-South Cooperation
B.	East-West Cooperation
C.	South-South Cooperation
D.	North-North Cooperation
Answer» A. North-South Cooperation

2.	The headquarters of World Trade Organisation is in : [CDS 2000]
A.	Montreal
B.	Seattle
C.	Geneva
D.	The Hague
Answer» C. Geneva

3.	The headquarters of OPEC (Organisation of Petroleum Countries) is at :
A.	Vienna
B.	Kuwait City
C.	Algeria
D.	Tehran
Answer» C. Algeria

4.	Per capita income Which of the above is/are the parameters for the measurement of Human Development Index by UNDP? [CDS 2005]
A.	1, 2 and 4
B.	1 and 3
C.	4 only
D.	1, 2, 3 and 4
Answer» D. 1, 2, 3 and 4

5.	Which of the following constitute the World Bank? [IAS 1995] 1. International Bank of Reconstruction and Development 2. International Finance Corporation 3. International Development Association 4. International Monetary Fund Choose the correct answer from the codes given below:
A.	1, 2 and 3
B.	1 and 2
C.	1 and 3
D.	1, 2, 3 and 4
Answer» A. 1, 2 and 3

6.	The headquarters of IMF and World Bank are located at :
A.	Geneva and Montreal
B.	Geneva and Vienna
C.	New York and Geneva
D.	Both Washington DC
Answer» D. Both Washington DC

7.	Voting rights in the IMF are distributed on the basis of: [CDS 1993]
A.	one country, one vote
B.	proportion to the share of the income of the country in the world income
C.	proportion to contributions given by each country
D.	proportion to quota alloted to countries from time to time
Answer» D. proportion to quota alloted to countries from time to time

8.	"World Development Report" is an annual publication of: [IAS 2002]
A.	United Nations Development Programme
B.	International Bank of Reconstruction and Development
C.	World Trade Organisation
D.	International Monetary Fund
Answer» B. International Bank of Reconstruction and Development

9.	Special Drawing Rights (SOR) facility is available at : [SSC Graduate 2003]
A.	International Monetary Fund (IMF)
B.	World Bank (IBRD)
C.	International Development Association (lDA)
D.	Organisation of Economic Cooperation and Development (OECD)
Answer» A. International Monetary Fund (IMF)

10.	PIIGS is the group of nations falling under........ [RBI Grade B Officer 2011]
A.	Euro zone
B.	Asia Pacific
C.	SAARC
D.	NATO
Answer» A. Euro zone

11.	As we all know rise of the 'BRICS' has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of 'Rise of the BRICS' on global/other powerful economy/ economies? [Punjab & Sindh Bank 2011] (A) Countries like China wish to learn more about outsourcing from India. (B) It has made countries to suffer from Sub-prime Crisis. (C) EURO has become a powerful currency and many non-Euro countries are in 'Swap Agreement' with various nations.
A.	Only A
B.	Only B
C.	Only C
D.	None of these
Answer» D. None of these

12.	Very often we read about the Doha Ministerial Conference 2001 in reference to WTO negotiations. What were the major issues over which nations were of different opinions? [Punjab & Sindh Bank 2011] (A) Providing subsidy to agriculture. (B) Export of patented drugs/medicines by developed nations. (C) Restriction on natural movement of people from one nation to other.
A.	Only A
B.	Only B
C.	Only C
D.	Both A and C
Answer» A. Only A

17.	With reference to BRIC countries, consider the following statements: 1. At present, China's GDP is more than the combined GDP of all the three other countries. 2. China's population is more than the combined population of any two other countries. Which of the statements given above is/are correct? [IAS 2010]
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» A. 1 only

18.	Which one among the following is not a clause of World Trade Organization? [CDS 2012]
A.	Most favoured nation. treatment
B.	Lowering trade barriers with negotiations
C.	Providing financial support to the countries having deficit balance of payments
D.	Discouraging unfair trade practices such as antidumping and export subsidies
Answer» C. Providing financial support to the countries having deficit balance of payments

19.	Many a times, we read about Special Drawing Right (SDR) in newspapers. As per its definition. SDR is a monetary unit of the reserve assets of which of the following organizations/agencies? [SBI PO 2010]
A.	World Bank
B.	International Monetary Fund (IMF)
C.	Asian Development Bank
D.	Reserve Bank of India
Answer» B. International Monetary Fund (IMF)

13.	Which of the following names/terms is NOT associated with the World Trade Organization (WTO)? [Punjab & Sindh Bank 2011]
A.	UNCTAD
B.	GATI
C.	GATS
D.	SEWA
Answer» D. SEWA

14.	The International Development Association, a lending agency, is administered by the [IAS 2010]
A.	International Bank for Reconstruction and Development
B.	International Fund for Agricultural Development
C.	United Nations Development Programme
D.	United Nations Industrial Development Organization
Answer» A. International Bank for Reconstruction and Development

15.	Consider the following countries: 1. Brazil 2. Mexico 3. South Africa According to UNCTAD, which of the above is/are categorized as "Emerging Economies"? [IAS 2010]
A.	1 only
B.	1 and 3 only
C.	2 and 3 only
D.	1, 2 and 3
Answer» D. 1, 2 and 3

16.	Which one of the following is not related to United Nations? [IAS 2010]
A.	Multilateral Investment Guarantee Agency
B.	International Finance Corporation
C.	International Centre for Settlement of Investment Disputes
D.	Bank for International Settlements
Answer» D. Bank for International Settlements

20.	Regarding the International Monetary Fund, which one of the following statements is correct? [CSAT 2011]
A.	It can grant loans to any country
B.	It can grant loans to only developed countries
C.	It grants loans to only member countries
D.	It can grant loans to the central bank of a country
Answer» C. It grants loans to only member countries

21.	The G-8countries include: 1. France 2. Germany 3. Canada 4. Italy 5. Netherlands 6. U.K. 7. U.S. 8. Russia 9. Japan
A.	1,2,3,4,6,7,8,9
B.	1,2,4,5,6,7,8,9
C.	1,2,3,4,6,7,8,9
D.	1,2,3,4,5,6,7,9
Answer» C. 1,2,3,4,6,7,8,9

22.	Human Development Index comprises literacy rates, life expectancey at birth and: [IAS 1997]
A.	gross domestic product per head in the US dollars
B.	gross domestic product per head at real purchasing power
C.	gross national product in US dollars
D.	national income per head in US dollars
Answer» B. gross domestic product per head at real purchasing power

23.	Which one of the following is not a member of Organization of the Petroleum Exporting Countries (OPEC)? [Asstt Comm 2008]
A.	Algeria
B.	Brazil
C.	Ecuador
D.	Nigeria
Answer» B. Brazil

24.	The earlier name of the WTO was:
A.	UNIDO
B.	UNCTAD
C.	OECD
D.	GATT
Answer» D. GATT

25.	The World Bank and IMF gives respectively:
A.	long term and short term credits
B.	short term and long term credits
C.	both long term credits
D.	both short term credits
Answer» A. long term and short term credits

20+ International Organisations and Human Development Solved MCQs

G-77 summit is a forum for: [CDS 2000]

The headquarters of World Trade Organisation is in : [CDS 2000]

The headquarters of OPEC (Organisation of Petroleum Countries) is at :

Per capita income Which of the above is/are the parameters for the measurement of Human Development Index by UNDP? [CDS 2005]

Which of the following constitute the World Bank? [IAS 1995] 1. International Bank of Reconstruction and Development 2. International Finance Corporation 3. International Development Association 4. International Monetary Fund Choose the correct answer from the codes given below:

The headquarters of IMF and World Bank are located at :

Voting rights in the IMF are distributed on the basis of: [CDS 1993]

"World Development Report" is an annual publication of: [IAS 2002]

Special Drawing Rights (SOR) facility is available at : [SSC Graduate 2003]

PIIGS is the group of nations falling under........ [RBI Grade B Officer 2011]

Which of the following names/terms is NOT associated with the World Trade Organization (WTO)? [Punjab & Sindh Bank 2011]

The International Development Association, a lending agency, is administered by the [IAS 2010]

Consider the following countries: 1. Brazil 2. Mexico 3. South Africa According to UNCTAD, which of the above is/are categorized as "Emerging Economies"? [IAS 2010]

Which one of the following is not related to United Nations? [IAS 2010]

Which one among the following is not a clause of World Trade Organization? [CDS 2012]

Many a times, we read about Special Drawing Right (SDR) in newspapers. As per its definition. SDR is a monetary unit of the reserve assets of which of the following organizations/agencies? [SBI PO 2010]

Regarding the International Monetary Fund, which one of the following statements is correct? [CSAT 2011]

The G-8countries include: 1. France 2. Germany 3. Canada 4. Italy 5. Netherlands 6. U.K. 7. U.S. 8. Russia 9. Japan

Human Development Index comprises literacy rates, life expectancey at birth and: [IAS 1997]

Which one of the following is not a member of Organization of the Petroleum Exporting Countries (OPEC)? [Asstt Comm 2008]

The earlier name of the WTO was:

The World Bank and IMF gives respectively:

Which of these are nicknamed 'Bretton Woods Twins' ? 1. IDA 2. IMF 3. IBRD 4. WTO

Which country is the largest debtor of UNO?

Which of the following pairs are correctly matched? 1. Dow Jones: New York 2. Hang Seng: Seoul 3. FTSE-100:London Select the correct answer using the codes given below: [IAS 1998]

Which of the following constitute the World Bank? [IAS 1995]
1. International Bank of Reconstruction and Development
2. International Finance Corporation
3. International Development Association
4. International Monetary Fund
Choose the correct answer from the codes given below:

Consider the following countries:
1. Brazil
2. Mexico
3. South Africa
According to UNCTAD, which of the above is/are categorized as "Emerging Economies"? [IAS 2010]

The G-8countries include:
1. France
2. Germany
3. Canada
4. Italy
5. Netherlands
6. U.K.
7. U.S.
8. Russia
9. Japan

Which of the following pairs are correctly matched?
1. Dow Jones: New York
2. Hang Seng: Seoul
3. FTSE-100:London
Select the correct answer using the codes given below: [IAS 1998]

26.	Which of these are nicknamed 'Bretton Woods Twins' ? 1. IDA 2. IMF 3. IBRD 4. WTO
A.	1and 4
B.	2and 4
C.	3 and 4
D.	2 and 3
Answer» D. 2 and 3

27.	Which country is the largest debtor of UNO?
A.	India
B.	Mexico
C.	Japan
D.	U.S.
Answer» D. U.S.