Indian Economy Quiz: India & IMF and other International Institutions | 21 July, 2021

“Special Safeguard Mechanism” often seen in news is associated with which of the following?

Consider the following statements regarding farm subsidies:
1. The farm subsidies of developed countries are lesser than developing countries.
2. World Bank has put some ceilings on the number of subsidies being provided by the various developing and developed nations.
Which of the statements given above is/are correct?

Consider the following statements regarding International Development Agency (IDA):
1. It is known as the soft window lending agency of the International Monetary Fund.
2. India is the biggest beneficiary of the IDA support.
Which of the statements given above is/are NOT correct?

Which of the following are International Credit Rating Agencies?
1. S & P
2. Moody’s
3. Fitch
4. Dominion Bond Rating Service
Select the correct answer using the codes given below:

Which of the following institutions is/are NOT part of “World Bank”?
1. International Bank for Reconstruction and Development (IBRD).
2. International Financial Corporation (IFC).
3. Multilateral Investment Guarantee Agency (MIGA).
4. International Centre for Settlement of Investment Disputes (ICSID).
5. International Development Association (IDA).
Select the correct answer using the codes given below:

Which of the following parameters are consists of International Monetary Fund (IMF) Quota Formula?
1. Weighted average of GDP.
2. Openness.
3. Contribution to IMF.
4. Economic Variability.
5. International reserves.
Select the correct answer using the code given below:

Which of the following subsidies is/are covered under “Green Box of WTO”?
1. Public storage for food security.
2. Pest and disease control.
3. Crop and income insurance.
Select the correct answer using the codes given below:

With reference to the World Intellectual Property Organization (WIPO), which of the following statements is/are correct?
1. It is the global forum for intellectual property (IP) services, policy, information and cooperation.
2. It is a self-funding agency of the United Nations.
Select the correct answer using the codes given below:

The term “Supplemental Reserve Facility (SRF)” is related to which of the following?