International Economic Organisations Model Questions

12th Standard EM

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Economics

Time : 01:00:00 Hrs
Total Marks : 50
    10 x 1 = 10
  1. Which of the following countries is not a member of SAARC?

    (a)

    Sri Lanka

    (b)

    Japan

    (c)

    Bangladesh

    (d)

    Afghanistan

  2. ASEAN meetings are held once in every _______ years

    (a)

    2

    (b)

    3

    (c)

    4

    (d)

    5

  3. New Development Bank is associated with

    (a)

    BRICS

    (b)

    WTO

    (c)

    SAARC

    (d)

    ASEAN

  4. Head quarters of BRICS is in

    (a)

    Shanghai

    (b)

    India

    (c)

    Sri lanka

    (d)

    Bhutan

  5. The Bretton Woods conference proposal IMF, World Bank and International Trade Organisation (ITO) in ________.

    (a)

    1944

    (b)

    1934

    (c)

    1964

    (d)

    1974

  6. The International Monetary Fund was established in ________.

    (a)

    1985

    (b)

    1940

    (c)

    1945

    (d)

    1918

  7. _________ provides long term loan.

    (a)

    BRICS

    (b)

    WTO

    (c)

    World Bank

    (d)

    None of the above

  8. Why Was the SDR Created?

    (a)

    To assist developed nations

    (b)

    To improve FOREX imbalances

    (c)

    To be the World Reserve Currency

    (d)

    none of the above

  9. In which of following establishment, India is not a member?

    (a)

    International Development Association (IDA, 1960)

    (b)

    International Finance Corporation (IFC, 1956)

    (c)

    Multilateral Investment Guarantee Agency (MIGA, 1958)

    (d)

    International Centre for Settlement of Investment Disputes (ICSID, 1966)

  10. Which of the following statements is not correct?

    (a)

    Both the IMF & IBRD have headquarters in Washington

    (b)

    Both IMF & IBRD are the Constituent organizations of United Nations Organization

    (c)

    IBRD is also called World Bank

    (d)

    India's vote share in the International Monetary Fund is 10%

  11. 5 x 2 = 10
  12. Point out any two ways in which IBRD lends to member countries.

  13. Write a short note of IMF. 

  14. Who are the founding fathers of World Bank and IMF?

  15. Write a note on WTO’s Dispute Settlement Body

  16. Write the venue and dates of any two WTO Ministerial Conferences. (write any two)

  17. 5 x 3 = 15
  18. Mention the various forms of economic integration.

  19. Write the agenda ofBRICS Summit, 2018.

  20. List out the achievements of ASEAN.

  21. What are the Objectives of the IBRD?

  22. What are the achievements of World Bank?

  23. 3 x 5 = 15
  24. Explain the objectives of IMF.

  25. Write the functions of BRICS.

  26. What are the functions of the ASEAN?

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