Banking Awareness Quiz for today :-
Q1. IMF stands for:
a) Indian Monetary Fund
b) International Monetary Fund
c) International Managerial Fund
Q2. IMF was established on:
a) 30 Novemberr, 1948
b) 27 December, 1945
c) 19 July, 1947
Q3. Headquarters of IMF is located at:
a) Washington D.C.
d) None of The Above
Q4. Founding countries of IMF were:
Q5. Which among the following is correct:
a) IMF was formed in 1944 at the Bretton Woods Conference.
b) IMF came into formal existence in 1945 with 29 member countries.
c) Both of The Above
d) None of The Above
b) 185
c) 188
d) None of The Above
Q7. Functions of IMF includes:
a) Secure Financial Stability
b) Facilitate International Trade
c) Promote High Employment and Sustainable Economic Growth
d) Reduction Poverty around the World.
e) Foster Global monetary cooperation
f) None of The Above
g) All of The Above
Q8. The IMF is funded mainly through _______from its member nations:
a) Assets Contributions
b) Quota Contributions
c) Gems Contributions
d) None of The Above
Q9. SDR stands for:
a) Special Drawing Rights
b) Special Deposits Rights
c) Secured Debt Rights
d) None of The Above
Q10. With the IMF, which another international organization was also framed in Bretton Woods Conference:
a) World Bank
b) WTO
c) UNESCO
d) None of The Above
b) 30 Directors each representing a single country or a group of countries.
c) 19 Directors each representing a single country or a group of countries.
d) None of The Above
Q12. Staff of IMF consists of approximately 2600 members from ______countries:
a) 147
b) 170
c) 100
d) None of The Above
Q13. The biggest borrowers (amounts outstanding as on 13 March, 2015) was:
a) Portugal and Greece
b) Ireland and Ukraine
c) All of The Above
d) None
b) IMF came into formal existence in 1945 with 29 member countries.
c) Both of The Above
d) None of The Above
Q6. Now International Monetary Fund is an organization of ________countries:
a) 180b) 185
c) 188
d) None of The Above
Q7. Functions of IMF includes:
b) Facilitate International Trade
c) Promote High Employment and Sustainable Economic Growth
d) Reduction Poverty around the World.
e) Foster Global monetary cooperation
f) None of The Above
g) All of The Above
Q8. The IMF is funded mainly through _______from its member nations:
b) Quota Contributions
c) Gems Contributions
d) None of The Above
Q9. SDR stands for:
b) Special Deposits Rights
c) Secured Debt Rights
d) None of The Above
Q10. With the IMF, which another international organization was also framed in Bretton Woods Conference:
b) WTO
c) UNESCO
d) None of The Above
Q11. Executive Board of IMF inlcudes:
a) 24 Directors each representing a single country or a group of countries.b) 30 Directors each representing a single country or a group of countries.
c) 19 Directors each representing a single country or a group of countries.
d) None of The Above
Q12. Staff of IMF consists of approximately 2600 members from ______countries:
b) 170
c) 100
d) None of The Above
Q13. The biggest borrowers (amounts outstanding as on 13 March, 2015) was:
b) Ireland and Ukraine
c) All of The Above
d) None
Q14. _____was the first country to borrow from IMF:
c) Germany
d) None of The Above
Q15. Which among the following is correct:
a) Only Under Developed countries may apply to be a part of the IMF.
b) Any county may apply to be a part of the IMF
c) Only Developed Countries may apply to be a part of the IMF.
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