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SSC CPO Economy Quiz 14

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SSC CPO Economy Quiz 14

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Economy is a very important subject for Railway Recruitment exams and UPSC Exams. All these questions are easily understandable format. SSC CPO Economy Quiz 14 is very useful to crack several competetive exams. Candidates can check the daily updates on SSC Official Website.

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1. Why World Bank was 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 non member countries D. None of the above

Answer: Option B
2. Which of the following statement 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

Answer: Option A
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

Answer: Option B
4. Currently how many members are in the IBRD?
    A. 193 B. 198 C. 189 D. 206

Answer: Option C
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%

Answer: Option D
6. Who is the current President of the World Bank Group?
    A. Robert Zoellick B. David Malpass C. Christine Lagarde D. Jim Yong Kim

Answer: Option B
7. Which of the following statements are correct?
    A. World Bank was established 73 years ago. B. Headquarter of World Bank is in Washington D.C. C. Adam Smith is the founding father of the World Bank D. Only (a) and (b)

Answer: Option D
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

Answer: Option A
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

Answer: Option C
10. Which of the following institutions is not part of the World Bank community?
    A. IBRD B. WTO C. IDA D. IFC

Answer: Option B
11. Who is the current CEO of the NITI Aayog? A. Rajeev Kumar B. Arvind Subramanyam C. Amitabh Kant D. Narendra Modi
Answer: Option C
12. Which of the following statement is correct about the NITI Aayog?
    A. NITI Aayog was Formed 25 January 2016 B. NITI Aayog comes under the Ministry of Commerce and Industry C. The full form of NITI Aayog is National institute for Transforming India D. The NITI Aayog is a policy think tank of the Government of India

Answer: Option D
13. When was NITI Aayog established?
    A. 1 January 2015 B. 25 January 2016 C. 14 May 2014 D. 1 July 2015

Answer: Option A
14. Who of the following is the part of Governing Council of NITI Aayog?
    A. All Chief Ministers of the states B. Chief Ministers of Delhi and Puducherry C. Lieutenant Governor of Andaman & Nicobar Island D. All of the above

Answer: Option D
15. Which of the following is not the function of the NITI Aayog?
    A. To evolve a shared vision of national development priorities sectors and strategies B. To foster cooperative federalism C. To give final approval to the Five Year Plans of India D. To create a knowledge, innovation and entrepreneurial support system

Answer: Option C

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