The International Monetary Fund's 'Quota' determines a member's: MCQ with Answer and Explanation

The International Monetary Fund's 'Quota' determines a member's:
A. Trade tariff concessions
B. Representation in WTO
C. Voting power and borrowing capacity
D. Share of World Bank loans
Answer: Option C
Solution (By JKSSB Mock Tests)
IMF quotas are a key determinant of a country's voting power and how much it can borrow.

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Practice More International Organizations Questions

Question #1
Which organization focuses on international drug control policies?
A. WHO
B. IMF
C. WTO
D. International Narcotics Control Board (INCB)

Correct Answer: Option D


Explanation:
The INCB is the independent and quasi-judicial control organ for the implementation of UN drug control conventions.

Question #2
Which of the following is a specialized agency of the UN dealing with maritime affairs?
A. WMO
B. UPU
C. ICAO
D. IMO

Correct Answer: Option D


Explanation:
The International Maritime Organization (IMO) is a UN specialized agency responsible for the safety and security of shipping and the prevention of pollution by ships.

Question #3
The headquarters of the International Maritime Organization (IMO) is in?
A. London
B. Geneva
C. New York
D. Paris

Correct Answer: Option A


Explanation:
The IMO headquarters is in London.