Global Finance | MCQs

Explanation

World Bank headquarters in Washington, USA

It was established in July 1944

Established during the Bretton Woods Conference

 Members: 189

Word Bank Partner institutions:

• IBRO,
• IDA,
• IFC,
• MIGA,
• ICSID (total of five institutions)

Pakistan joined the World Bank in 1950

Explanation

The World Bank was established in 1944 to help rebuild Europe and Japan after World War II.

Its official name was the International Bank for Reconstruction and Devegelopment (IBRD).

World Bank:

World Bank established: July 1944

World Bank was established during: the Bretton Woods Conference

World Bank Members: 189

World Bank's aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

Explanation

China Capital is Beijing.

China Currency is Chinese Yuan.

China official language is Mandarin.

China located is in Continent Asia.

China Primary Religion is N/A.

China Head of Govt. is President - Xi Jinping.

China Parliament called National People’s Assembly.

Tricks for Remember

RK23-11-2022

Explanation

The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries.

It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being.

Explanation

North Korea Capital is Pyongyang.

North Korea Currency is the North Korean Won.

North Korea official language is Korean.

North Korea located is in Continent Asia.

North Korea Primary Religion is Secular.

North Korea Head of Govt. is Prime Minister– Sir Abubakar Tafawa Balewa.

North Korea Parliament called .

Tricks for Remember

WON

MindTrick: Korea’s Won in the Battle

1)South Korea

2)North Korea

RK6-12-2022

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nd9-2-2023