The World Bank's 'Multilateral Investment Guarantee Agency (MIGA)' provides: MCQ with Answer and Explanation

The World Bank's 'Multilateral Investment Guarantee Agency (MIGA)' provides:
A. Grants for education
B. Political risk insurance for investments
C. Trade financing
D. Direct loans to farmers
Answer: Option B
Solution (By JKSSB Mock Tests)
MIGA promotes foreign direct investment by offering insurance against political risks.

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Practice More International Organizations Questions

Question #1
Which organization has 'Health for all' as its motto?
A. UNESCO
B. WHO
C. UNICEF
D. World Bank

Correct Answer: Option B


Explanation:
WHO works towards the goal of 'Health for all'.

Question #2
Which organization published the 'World Investment Report'?
A. World Bank
B. UNCTAD
C. IMF
D. WTO

Correct Answer: Option B


Explanation:
UNCTAD publishes the World Investment Report annually.

Question #3
Which article of the UN Charter allows for enforcement action by the Security Council?
A. Article 51
B. Article 99
C. Chapter VI
D. Chapter VII

Correct Answer: Option D


Explanation:
Chapter VII of the UN Charter gives the Security Council the authority to take enforcement measures, including sanctions and military action.