International Economic Organisations One Mark Online Test

International Economic Organisations One Mark Online Test (12th Standard Economics)

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International Monetary Fund was an outcome of

A.Pandung Conference B.Dunkel Draft C.Bretton Woods Conference D.Doha Conference

International Monetary Fund is having its headquarters at

A.Washington D.C. B.New York C.Vienna D.Geneva

IBRD is otherwise called

A.IMF B.World Bank C.ASEAN D.International Finance Corporation

The other name for Special Drawing Rights is

A.Paper gold B.Quotas C.Voluntary Export Restrictions D.None of these

The organization which provides long term loan is

A.World Bank B.International Monetary Fund C.World Trade Organisation D.BRICS

Which of the following countries is not a member of SAARC?

A.Sri Lanka B.Japan C.Bangladesh D.Afghanistan

International Development Association is an affiliate of

A.IMF B.World Bank C.SAARC D.ASEAN

__________ relates to patents, copyrights, trade secrets, etc.,

A.TRIPS B.TRIMS C.GATS D.NAMA

The first ministerial meeting of WTO was held at

A.Singapore B.Geneva C.Seattle D.Doha

Q10

ASEAN meetings are held once in every __________ years

A.2 B.3 C.4 D.5

Q11

Which of the following is not the member of SAARC?

A.Pakistan B.Sri Lanka C.Bhutan D.China

Q12

SAARC meets once in __________ years.

A.2 B.3 C.4 D.5

Q13

The headquarters of ASEAN is

A.Jakarta B.New Delhi C.Colombo D.Tokyo

Q14

The term BRIC was coined in

A.2001 B.2005 C.2008 D.2010

Q15

ASEAN was created in

A.1965 B.1967 C.1972 D.1997

Q16

The Tenth BRICS Summit was held in July 2018 at

A.Beijing B.Moscow C.Johannesburg D.Brasilia

Q17

New Development Bank is associated with

A.BRICS B.WTO C.SAARC D.ASEAN

Q18

Which of the following does not come under 'Six dialogue partners' of ASEAN?

A.China B.Japan C.India D.North Korea

Q19

SAARC Agricultural Information Centre (SAIC) works as a central information institution for agriculture related resources was founded on

A.1985 B.1988 C.1992 D.1998

Q20

BENELUX is a form of

A.Free trade area B.Economic Union C.Common market D.Customs union

Q21

Which country joined the International Monetary Fund as its 189th member in 2016?

A.Republic of Nauru B.Federal Republic of Somalia C.Principality of Andorra D.Republic of South Sudan

Q22

Which of the following is referred to as 'Paper Gold' and was created by the IMF in 1969?

A.Special Drawing Rights (SDRs) B.Extended Fund Facility C.Reserve Tranche D.Buffer Stock Facility

Q23

Under the Basic Credit Facility of the IMF, what is the maximum percentage of its quota that a member nation can borrow unconditionally in a year?

A.15% B.25% C.50% D.140%

Q24

In which year did the IMF establish the Compensatory Financing Facility (CFF) to help primary producing countries facing export shortfalls?

A.1945 B.1963 C.1969 D.1981

Q25

Which organization under the World Bank Group is known as the 'Soft Loan Window' of the bank?

A.International Finance Corporation (IFC) B.International Development Association (IDA) C.Multilateral Investment Guarantee Agency (MIGA) D.International Centre for Settlement of Investment Disputes (ICSID)

Q26

Which of the following World Bank Group organizations is India NOT a member of?

A.International Bank for Reconstruction and Development (IBRD) B.International Finance Corporation (IFC) C.Multilateral Investment Guarantee Agency (MIGA) D.International Centre for Settlement of Investment Disputes (ICSID)

Q27

Under the WTO TRIPs agreement, what is the specified period of protection granted for product patents?

A.7 years B.10 years C.20 years D.50 years

Q28

Which WTO agreement calls for introducing equal treatment for foreign companies on par with domestic national companies?

A.Agreement on Trade Related Intellectual Property Rights (TRIPs) B.Agreement on Trade Related Investment Measures (TRIMs) C.General Agreement on Trade in Services (GATS) D.Agreement on Agriculture (AoA)

Q29

What is the maximum timeline mandated for the Dispute Settlement Body of the WTO to resolve any trade dispute?

A.6 months B.12 months C.18 months D.24 months

Q30

Which type of trade integration is defined as a free trade area with a common external tariff applied to non-members?

A.Free Trade Area B.Customs Union C.Common Market D.Economic Union

Q31

In which year was the South Asian Association for Regional Cooperation (SAARC) established?

A.1967 B.1985 C.1987 D.1995

Q32

Which country officially became the eighth member of SAARC in April 2007?

A.Afghanistan B.Myanmar C.Maldives D.Bhutan

Q33

In which year did India's relationship with ASEAN formally begin as a 'sectoral dialogue partner'?

A.1985 B.1992 C.1997 D.2010

Q34

Where is the headquarters of the New Development Bank (NDB), established by the BRICS states, located?

A.New Delhi, India B.Moscow, Russia C.Shanghai, China D.Johannesburg, South Africa

Q35

The five BRICS member nations collectively account for what percentage of global GDP?

A.15% B.21% C.43% D.50%

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This free online practice test covers International Economic Organisations from the 12th Standard Economics (Samacheer Kalvi) syllabus. Choose the number of questions and an optional time limit, then answer and submit — everything is checked in your browser, with the correct answers and a worked explanation shown at the end. For the full solutions to every question in this set, see the solved MCQs page.

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