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. Share of World Bank loans
B. Trade tariff concessions
C. Voting power and borrowing capacity
D. Representation in WTO
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
Where is the headquarters of UNESCO?
A. Rome
B. London
C. Washington D.C.
D. Paris

Correct Answer: Option D


Explanation:
UNESCO is headquartered in Paris, France.

Question #2
The 'UNEP Champions of the Earth' award is presented for:
A. Promoting literacy
B. Achievements in space exploration
C. Outstanding environmental leadership
D. Contribution to nuclear disarmament

Correct Answer: Option C


Explanation:
It is the UN's highest environmental honour, awarded by UNEP.

Question #3
What is the main goal of the World Trade Organization (WTO)?
A. Ensure trade flows as smoothly and freely as possible
B. Provide military aid
C. Protect cultural monuments
D. Improve global health

Correct Answer: Option A


Explanation:
The WTO facilitates trade agreements and resolves trade disputes.