Indian Economy MCQ-241 January 14, 2015admin0 Comments CategoriesIndian Economy Quizzes Indian Economy Model Questions for TET,NDA,UPSC,CDS,RRB,WBPSC,HPSC,CivilsPrelims Exams IMF was established to meet which of the following objectives ? 1 . Promoting international monetary co-operation2 . Expanding international trade3 . Lessening the disequilibrium in balance of trade4 . Avoiding competitive exchange depreciations Codes : 1,2 and 3 1, 3 and 4 2 and 4 1, 2, 3 and 4 ‘World Bank’ is also known as : International Bank for Reconstruction and Development International Bank for Rehabilitation and Development International Bank for Refinance and Development International Bank for Research and Development The capital of IMF is made up by contribution of the : credit deficit financing member nations borrowings World Bank helps countries with loans for the purpose of: Reconstruction and development stimulating private investment tackling foreign exchange crises meeting deficits in government budget S.D.R. stands for : Special Drawing Rights State Drawing Rights Special Dollar Rights Specific Dollar Rights ‘The Doing Business Report’ is prepared by which of the following organisations every year ? World Bank Asian Development Bank (AD International Monetary Fund (IMF) World Trade Organisation (WTO) The head office of the Asian Development Bank (ADB) is in : Manila Jakarta Honolulu Nairobi ‘The Doing Business Report’, an international publication is published every year by which of the following organisation (s) ? 1 . World Bank 2 . WTO RBI Only 1 Only 2 Only 3 Both 1 and 2 The IMF and the World Bank were conceived – as institutions to : strengthen international economic co-operation and to help create a more stable and prosperous global economy IMF promotes international monetary operation The World Bank promotes long term_ economic development and poverty reduction All a, b and c Where is the headquarter of International Bank for Reconstruction and Development (IBRD) located ? Geneva Washington D.C. London Paris The term ‘Paper Gold’ means : Special Drawing Rights (SDR) of the IMF Special accommodation facility of the World Bank Currencies still on Gold standard Deficit Financing In which year was the World Bank formed ? 1945 1956 1960 1988 consider the following organisations : 1 . International Bank for Reconstruction and Development (IBRD) 2 . International Finance Corporation (IFC) 3 . International Fund for Agricultural Development (IFAD) 4 . International Monetary Fund (IMF) Which of these are agencies .of the United Nations ? 1 and 2 2 and 3 3 and 4 1,2, 3 and 4 ‘World Development Report’ is annual publication of : International Bank of Reconstruction and Development (IBRD)/World Bank United Nations Development Programme (UNDP) World Trade Organisation (WTO) International Monetary Fund (IMF) How is the United Nation Monetary and Financial Conference where in the agreements were signed to set up IBRD, GATT and IMF, commonly known ? Bandug Conference Bretton Woods Conference Versailles Conference Yalta Conference Regarding the International Monetary Fund (IMF), which one of the following statements is correct ? It can grant loans to any country It can grant loans to only development countries., It grants loans to only member countries It can grant loans to the Central Bank of a country Production is at socially ideal level under : Monopolistic Competition Monopoly Oligopolistic Competition Perfect Competition Which one of the following is a residual earning ? Rent Profit Wage Interest New firms are barred from entering the market in : Perfect Competition Oligopoly Monopolistic Competition Monopoly Who says : ‘The propensity to consume is stable in the short run’ ? Keynes Hicks Arrow Stiglitz The supply of a commodity does NOT depend directly upon : Cost of production Price of the commodity Technology of production Demand for the commodity Capital information in an economy depends on : Total income Total demand Total savings Total production Price cost is equal to : Variable cost plus administrative cost Variable cost plus fixed cost Variable cost only Fixed cost only An expenditure that has been made and cannot be recovered is called : Variable cost Opportunity cost Sunk cost Operational cost Who propounded the ‘market law’ ? Adam Smith J. B. Say T. R. Malthus David Ricardo Loading … Related posts: Civils Economy-5 Indian Economy MCQ-3 Civils Indian Economy-2 General Awareness MCQ-122 Civils Indian Economy-4 Indian Economy MCQ-2 Indian Economy MCQ-4 Banking Awareness MCQ-10 Indian Economy MCQ-6 Indian Economy MCQ-8