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

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The World Bank's 'Multilateral Investment Guarantee Agency (MIGA)' provides:

A. Trade financing

B. Grants for education

C. Direct loans to farmers

D. Political risk insurance for investments

Answer: Option D

Solution (By JKSSB Mock Tests)

MIGA promotes foreign direct investment by offering insurance against political risks.

This question belongs to: Static General Knowledge International Organizations

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Practice More International Organizations Questions

Question #1

Which body is responsible for international maritime standards?

A. IMO

B. WTO

C. ICAO

D. WHO

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Correct Answer: Option A

Explanation:
The International Maritime Organization (IMO) is the UN specialized agency for maritime safety.

This question belongs to: Static General Knowledge International Organizations

Question #2

Which organization sets international standards for food safety and quality?

A. Codex Alimentarius Commission

B. IMF

C. WHO

D. WTO

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Correct Answer: Option A

Explanation:
The Codex Alimentarius Commission is an intergovernmental body that sets international food standards.

This question belongs to: Static General Knowledge International Organizations

Question #3

The G20 Finance Ministers and Central Bank Governors meeting is called the:

A. Finance Track

B. Leaders' Summit

C. Sherpa Track

D. Engagement Group

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Correct Answer: Option A

Explanation:
The G20 works through two tracks: the Finance Track for finance ministers and central bank governors, and the Sherpa Track for broader issues.

This question belongs to: Static General Knowledge International Organizations

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