International Financial Institutions.d

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  1. Why was the World Bank established?
  2. Which of the following statements is correct?
  3. Which of the following is not matched correctly?
  4. How many members are there in the IBRD?
  5. Which of the following statements is not correct?
  6. Who is the current President of the World Bank Group?
  7. Which of the following statements are correct?
  8. Who of the following never appointed as the President of the World Bank Group?
  9. Which of the following is not the function of the World Bank?
  10. Which of the following institutions is not part of the World Bank community?
  11. The African Development Bank was created on 4 August ______ in Khartoum, Sudan, where 23 newly independent African countries signed the Agreement establishing the institution.
  12. On 10 September 1964, the Agreement came into force when 20 member countries subscribed to 65% of the Bank’s capital stock which then stood at US$ ______ million.
  13. The inaugural meeting of the Board of Governors (mostly finance ministers) was held from 4-7 November ________ in Lagos, Nigeria.
  14. The headquarters of the AfDB was opened in ___________.
  15. The AfDB commenced operations in July __________ with ten staff members. When the Bank was established, only independent African countries were eligible to be shareholders.
  16. Thus, for 19 years, the AfDB depended on _________ countries for its capital resources.
  17. In __________, the Bank’s capital was opened to non-African Countries.
  18. The Agreement establishing the ______________ was signed on 29 November 1972, by the African Development Bank and 13 non-regional countries (State Participants).
  19. The Nigeria Trust Fund was set up in 1976 by agreement signed between the Government of the Federal Republic of __________ and the Bank Group.
  20. The NTF became operational in April ___________ following approval of the agreement establishing it by the Board of Governors.
  21. On which day of the year 1966, Asian Development Bank was established?
  22. Which of the following statement is NOT correct about the Asian Development Bank (ADB)?
  23. Which of the following is the main aim of the ADB?
  24. Which of the following is the newest member of the ADB?
  25. Where is the headquarters of the ADB?
  26. Who is the current President of the ADB?
  27. Which of the following country has the highest subscribed capital of the ADB?
  28. Who is the India’s governor on the board of the governors of the Asian Development Bank?
  29. Which of the following country has highest voting power in the ADB?
  30. Which of the following is not the member of the ADB?
  31. The Caribbean Development Bank (CDB) is a financial institution that helps _______ nations finance social and economic programs in its member countries.
  32. CDB was established by an Agreement signed on October 18, _______, in Kingston, Jamaica, and entered into force on January 26, 1970.
  33. The permanent headquarters of the bank is located at Wildey, St. Michael, Barbados; adjacent to the campus of the _______Prescod Polytechnic.
  34. CDB has _____ branch offices.
  35. The headquarters serves all of the regional borrowing member countries with staff recruited from _______.
  36. CDB’s membership of _______ countries consists of 19 regional borrowing members, four regional non-borrowing members and five members from outside the Region.
  37. As of December 31, 2014, CDB recorded total assets of US$ _______ billion (this includes US$1.38 billion of ordinary Capital resources and US$1.23 billion of Special Funds Resources).
  38. CDB has an “_______” with stable outlook rating with Moody’s Rating Agency.
  39. In _______, the Bank approved loans and grants of US$269.5 million.
  40. At the end of 2014, the bank had total equity of US$ _______ million.
  41. It is an international ________ institution
  42. Founded in _________
  43. As a __________ developmental investment bank, the EBRD uses investment as a tool to build market economies.
  44. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than ________ countries from central Europe to central Asia.
  45. Besides Europe, member countries of the EBRD are from five continents (North America, Africa, Asia and Australia), with the biggest shareholder being the ____________, so the name is somewhat of a misnomer.
  46. Headquartered in ___________ the EBRD is owned by 65 countries and two EU institutions.
  47. Despite its ___________ sector shareholders, it invests mainly in private enterprises, together with commercial partners.
  48. The EBRD was created in April ____________ to ‘foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative’.
  49. Since 1991 EMRD have invested over €_________ billion in more than 6,000 projects across three continents.
  50. EBRD are world leaders in ________________. All our activities will be aligned with the Paris Agreement from the end of 2022 and we plan to be a majority green bank by 2025.
  51. A member’s quota delineates basic aspects of its financial and organizational relationship with the IMF, not including:
  52. The IMF do not serve its members by
  53. The World Bank is one of the world’s largest sources of finance and knowledge to its member countries to
  54. World Bank is known as
  55. IBRD offers following type of loan(s).
  56. IBRD does not provides
  57. The Headquarter of World Bank is in
  58. Following is the soft loan section of the World Bank
  59. Headquarter of Asian Development Bank (ADB) is in
  60. Asian Development Bank (ADB) do not have the following objective(s)
  61. Which of the following statement is not true about the International Monetary Fund?
  62. When was IMF established?
  63. Which of the following statement is NOT correct regarding the membership of the IMF?
  64. The value of Special Drawing Right (SDR) is determined by the basket of ……currencies.
  65. Which of the following currency has largest weightage in the determination of the value of the SDR?
  66. Which of the following is not the objective of the IMF?
  67. Which of the following statement is NOT correct about the quota at the IMF?
  68. If the Balance of Payment of a country is adverse, then which institution will help that country?
  69. Which of the following currency is not included in the calculation of SDR value?
  70. Which of the following is known as the Paper Gold?
  71. The International Monetary Fund (IMF) was established by an international treaty in __________
  72. The Headquarter of International Monetary Fund is in
  73. International Monetary System is not a system of international
  74. The IMF was conceived in July 1944 at an international conference held in
  75. In December 1945, the IMF came into existence with the following number of countries signed its Articles of Agreement.
  76. The purpose of IMF is not to
  77. The IMF focuses mainly on a country’s _____________ policies.
  78. The IMF’s resources mainly come from the money that countries pay as their capital subscription (quotas) when they become members.
  79. The highest authority governing the IMF, is
  80. The Executive board of IMF consists of ___________ members.