NAFTA was signed by which of the following countries?

D. Canada, Mexico, and United States

A. Canada, United States, and United Kingdom

B. Canada, Brazil, and United States

C. Mexico, United States, and Cuba

D. Canada, Mexico, and United States

D. North American Free Trade Agreement

A. North African Free Trade Agreement

B. North Atlantic Free Trade Agreement

C. New American Free Trade Alliance

D. North American Free Trade Agreement

IMF funds are primarily provided for which of the following?

C. Economic stabilization and reform

A. Military alliances and defense cooperation

C. Economic stabilization and reform

D. Space exploration and research

General Knowledge · Economic Organizations & Alliances · page 8 of 15

Global Financial & Trade MCQs with Answers

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Global Financial & Trade Institutions (IMF, World Bank, WTO, ADB) MCQs (71–80)

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71.
Past Paper MCQ
Asian Development Bank (ADB) was established in _?
Correct Answer: B. 1966
One-liner
The Asian Development Bank (ADB) was established in 1966.
72.
Past Paper MCQ
How many countries, apart from the European Union, are members of the G-20 forum?
Correct Answer: B. 19
One-liner
The G-20 forum comprises 19 individual countries plus the European Union, making a total of 20 members.
73.
Past Paper MCQ
NAFTA was signed by which of the following countries?
Correct Answer: D. Canada, Mexico, and United States
One-liner
NAFTA was signed by Canada, Mexico, and the United States.
74.
Past Paper MCQ
NAFTA stands for _?
Correct Answer: D. North American Free Trade Agreement
One-liner
NAFTA stands for North American Free Trade Agreement.
75.
Past Paper MCQ
How many FATF recommendations are there?
Correct Answer: D. 40
One-liner
The Financial Action Task Force (FATF) has 40 recommendations that serve as international standards for combating money laundering and terrorist financing.
76.
Past Paper MCQ
Name the bank which started issuing travellers cheques for the first time in 1891?
Correct Answer: D. American Express
One-liner
American Express was the first bank to issue travellers cheques, introducing them in 1891.
77.
Past Paper MCQ
When was FATF founded?
Correct Answer: D. 1989
One-liner
FATF (Financial Action Task Force) was founded in 1989 by the G7 Summit in Paris.
78.
Past Paper MCQ
Which of the following is not part of the G7?
Correct Answer: C. Spain
One-liner
Spain is not a member of the G7 group.
79.
Past Paper MCQ
In which year was the Nobel Prize for Economics introduced?
Correct Answer: A. 1969
One-liner
The Nobel Prize for Economics was introduced in 1969.
80.
Past Paper MCQ
IMF funds are primarily provided for which of the following?
Correct Answer: C. Economic stabilization and reform
One-liner
IMF funds are primarily provided for economic stabilization and reform in member countries facing balance of payments difficulties.

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Global Financial & Trade MCQs with Answers

Global Financial & Trade Institutions (IMF, World Bank, WTO, ADB) MCQs (71–80)

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