In the context of international finance, 'Bretton Woods Institutions' refer to: MCQ with Answer and Explanation

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In the context of international finance, 'Bretton Woods Institutions' refer to:

A. IMF and World Bank

B. WTO and UNCTAD

C. ADB and AIIB

D. OECD and G20 only

Answer: Option A

Solution (By JKSSB Mock Tests)

The Bretton Woods Conference (1944) led to the creation of the International Monetary Fund and the World Bank (IBRD).

This question belongs to: Economy GK Economy Set 1

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The 'Wildlife Protection Act' was enacted in which year?

A. 1972

B. 1980

C. 1986

D. 1968

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Correct Answer: Option A

Explanation:
The Wildlife Protection Act was enacted in 1972.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'World Bank's World Development Indicators' is a publication that:

A. provides development data on countries

B. publishes stock prices

C. sets interest rates

D. tracks military spending

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Correct Answer: Option A

Explanation:
World Development Indicators provides comprehensive development data.

This question belongs to: Economy GK Economy Set 1

Question #3

In the context of money, 'Near Money' includes:

A. Currency notes and coins only

B. Time deposits, savings deposits and other highly liquid assets

C. Only demand deposits

D. Only gold reserves

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Correct Answer: Option B

Explanation:
Near money refers to assets that are highly liquid and can be converted into cash quickly with minimal loss of value, such as time deposits and certain money market instruments.

This question belongs to: Economy GK Economy Set 1

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