GK Questions and Answers on World Bank
Take this GK Quiz with questions based on the World
Bank Group. This is an important topic for various competitive exams. So, solve
this set of quiz and evaluate your preparation for the upcoming exam.
G.K. Quiz on World Bank Group
Take this GK Quiz on World Bank brought to you by
Jagran Josh and improvise on your knowledge on the subject. Just for starters
of this topic the students must have the following basic information-
International Bank for Reconstruction and Development (IBRD) and its associate
institutions are known as the World Bank Group.
Quiz
Que.1). Why was the World Bank established?
(a). To promote the International Trade
(b). To reconstruct the economies damaged during the
Second World War
(c) To improve the adverse Balance of Payment
situation of the nonmember countries
(d) None of the above
Ans. b
Que.2). Which of the following statements is correct?
(a) Every member country of the IMF automatically
becomes the member of the World Bank
(b) The World Bank has 45 founder members
(c) India is not the founding member of the World Bank
(d) IMF is the part of World Bank group
Ans. a
Que.3). Which of the following is not matched
correctly?
(a) IBRD (estd.)--->1945
(b) IFC (estd.)--->1948
(c) IDA (estd.)--->1960
(d) MIGA (estd.)--->1988
Ans. b
Que.4). How many members are there in the IBRD?
(a) 193
(b) 198
(c) 189
(d) 206
Ans. c
Que.5). Which of the following statements is not
correct?
(a) Both the IMF & IBRD have headquarters in
Washington
(b) ICSID is the constituent organisation of the World
Bank Group
(c) IBRD is known as World Bank also
(d) India's vote share in the International Monetary
Fund is 10%
Ans. d
Que.6). Who is the current President of the World Bank
Group?
(a) Robert Zoellick
(b) David Malpass
(c) Christine Lagarde
(d) Jim Yong Kim
Ans. b
Que.7). Which of the following statements are correct?
(a) World Bank
was established 73 years ago.
(b) Headquarter
of the World Bank is in Washington D.C.
(c) Adam Smith
is the founding father of the World Bank
(d) Only (a) and (b)
Ans. d
Que.8). Who of the following never appointed as the
President of the World Bank Group?
(a) Paul Krugman
(b) Robert Zoellick
(c) George Woods
(d) Eugene Meyer
Ans. a
Que.9). Which of the following is not the function of
the World Bank?
(a) To provide long term loan to the member countries
(b) To provide loan to private investors belonging to
member countries on its own guarantee
(c) To ensure exchange rate stability
(d) To provides loan mainly for productive activities
Ans. c
Que.10). Which of the following institutions is not
part of the World Bank community?
(a) IBRD
(b) WTO
(c) IDA
(d) IFC
Answer b
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