The 'International Finance Corporation' is a member of the: MCQ with Answer and Explanation

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The 'International Finance Corporation' is a member of the:

A. WTO

B. IMF

C. United Nations only

D. World Bank Group

Answer: Option D

Solution (By JKSSB Mock Tests)

IFC is a member of the World Bank Group.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is a type of foreign capital inflow?

A. Domestic bank deposits of residents

B. Only domestic equity issuance

C. Foreign direct investment, portfolio investment and external commercial borrowings

D. Only government tax revenue

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Correct Answer: Option C

Explanation:
Foreign capital inflows include FDI, FPI, external commercial borrowings, trade credit and other external liabilities.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' on export of services is:

A. 28%

B. zero-rated

C. 18%

D. 5%

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Correct Answer: Option B

Explanation:
Export of services is zero-rated under GST.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Bombay Stock Exchange' is the oldest stock exchange in Asia and was established in:

A. 1850

B. 1900

C. 1875

D. 1947

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Correct Answer: Option C

Explanation:
BSE was established in 1875.

This question belongs to: Economy GK Economy Set 1

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