Global Financial & Trade MCQs with Answers

World Trade Organization (WTO) was established in 1995 with the objective:

• A.To promote free trade among member countries
• B.To administer trade agreements and settle trade disputes
• C.To provide a forum for trade negotiations
• D.All of these

GATT stands for:

• A.General Association of Trade and Transport
• B.General Accord on Taxation and Tariffs
• C.Global Agreement on Trade and Tariffs
• D.General Agreement on Tariffs and Trade

WTO stands for

• A.World Trade Organization
• B.World Tourism Organization
• C.World Tax Organization
• D.World Transport Organization

The organization that deals with international trade is ?

• A.IMF
• B.WTO
• C.World Bank
• D.ADB

The International Monetary Fund (IMF) works to foster _?

• A.Sustainable Economic Growth
• B.Military Alliances
• C.Cultural Exchange Programs
• D.Space Exploration

What is the abbreviation of IBRD?

• A.International Bank for Reconstruction and Development
• B.International Bureau for Research and Development
• C.International Board for Rural Development
• D.International Bank for Regional Development

How many members are there in World Trade Organization (WTO)?

• A.177
• B.193
• C.157
• D.164

Kristalina Georgieva became the head of International Monetary Fund in October 2019. She belongs to which country?

• A.Romania
• B.Bulgaria
• C.Hungary
• D.Poland

Past Paper MCQ

Who are the ultimate policymakers at the World Bank?

• A.Executive Directors
• B.Board of Governors
• C.Development Committee
• D.President of the World Bank

How many countries are members in Asian Development Bank (ADB) from Asia and Pacific?

• A.49
• B.56
• C.42
• D.68