The World Bank is an international financial institution that provides loans to developing countries for capital programs. It is headquartered in Washington, D.C., and was created at the 1944 Bretton Woods Conference.

Here you are given Multiple Choice Questions (MCQs) on the World Bankthe topic of General Knowledge. First of all, you have to read all the GK questions related to World Bank and click on one correct answer for each question. If your answer is correct, you will be displayed with a ✅ sign, but if your answer is wrong, a ❌ sign will be displayed, so that you can identify the correct answer you have given.

Q. For what purpose does the World Bank help countries by giving them loans?

 ◉ Rich

❌ Incorrect

 ◉ reconstruction and development

✅ Correct

 ◉ Remove poverty

❌ Incorrect

 ◉ Future comfort

❌ Incorrect

Q. Who was re-appointed by the World Bank as its Director for the next five years on 27 September 2016?

 ◉ Robert Paul

❌ Incorrect

 ◉ Jim Yong Kim

✅ Correct

 ◉ Mitchell coal

❌ Incorrect

 ◉ Henry Nicholas

❌ Incorrect

Q. Which state along with Andhra Pradesh has been ranked first in the ease of doing business rankings released by the World Bank and DIPP?

 ◉ Chhattisgarh

❌ Incorrect

 ◉ Gujarat

❌ Incorrect

 ◉ Telangana

✅ Correct

 ◉ Himachal Pradesh

❌ Incorrect

Q. Which country was declared the world's third largest economy in a report released by the World Bank in the fourth week of April 2014?

 ◉ India

✅ Correct

 ◉ China

❌ Incorrect

 ◉ Japan

❌ Incorrect

 ◉ America

❌ Incorrect

Q. Which institution is called the 'soft loan window' of the World Bank?

 ◉ Indian intelligence agency

❌ Incorrect

 ◉ Central intelligence agency

❌ Incorrect

 ◉ Federal security service agency

❌ Incorrect

 ◉ international development agency

✅ Correct

Q. Which banks are authorized to operate foreign currency accounts?

 ◉ all nationalized banks

✅ Correct

 ◉ Nationalized banks and nationalized banks

❌ Incorrect

 ◉ Personalized banks only

❌ Incorrect

 ◉ No one

❌ Incorrect

Q. World Bank is also known by which other name?

 ◉ International monitor fund

❌ Incorrect

 ◉ International Bank for Reconstruction and Development

✅ Correct

 ◉ Swish bank

❌ Incorrect

 ◉ International Bank for Economy Growth

❌ Incorrect

Q. Where is the headquarter of Asian Development Bank?

 ◉ Kathmandu, Nepal)

❌ Incorrect

 ◉ Manila (Philippines)

✅ Correct

 ◉ Hague (Netherlands)

❌ Incorrect

 ◉ New York (United States)

❌ Incorrect

Q. Where is the headquarter of World Bank?

 ◉ Washington D.C.

✅ Correct

 ◉ New York

❌ Incorrect

 ◉ Hawana

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What will be the effect of the increase in Bank Rate?

 ◉ credit will be expensive

✅ Correct

 ◉ Credit will be cheaper

❌ Incorrect

 ◉ There will be no difference in credit

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What type of loan does the World Bank generally give?

 ◉ medium and long term debt

✅ Correct

 ◉ Long term loan

❌ Incorrect

 ◉ Short -term loan

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What are structural adjustment loans given by the World Bank for?

 ◉ To encourage capital intensive industry

✅ Correct

 ◉ To encourage the capital-interest industry

❌ Incorrect

 ◉ To encourage small scale industries

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. Where is the headquarter of Asian Development Bank?

 ◉ In nom

❌ Incorrect

 ◉ Kuala in Lumpur

❌ Incorrect

 ◉ In Hanoi

❌ Incorrect

 ◉ in Mandaluyong, Philippines

✅ Correct

Q. Who was nominated by the US for the post of President of the World Bank on 8th February 2019?

 ◉ Nancy pelosi

❌ Incorrect

 ◉ David malps

✅ Correct

 ◉ Kamala Harris

❌ Incorrect

 ◉ Emanuel Kant

❌ Incorrect

Q. What is meant by bank money?

 ◉ Disorganization

❌ Incorrect

 ◉ Gross product

❌ Incorrect

 ◉ Internet banking

❌ Incorrect

 ◉ currency notes

✅ Correct


Visit link below to learn more about the topic:

List of World Bank Presidents from 1946 to 2023 🔗

  Last update :  Mon 5 Jun 2023
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  Post Category :  Economics Quizzes