The 'World Economic Outlook' is published by: MCQ with Answer and Explanation

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The 'World Economic Outlook' is published by:

A. IMF

B. UNCTAD

C. World Bank

D. OECD

Answer: Option A

Solution (By JKSSB Mock Tests)

The World Economic Outlook is published by the IMF.

This question belongs to: Economy GK Economy Set 1

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Question #1

The term 'Special Drawing Rights' (SDRs) is associated with:

A. International Monetary Fund

B. World Trade Organisation

C. Asian Development Bank

D. World Bank

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Correct Answer: Option A

Explanation:
Special Drawing Rights are an international reserve asset created by the International Monetary Fund to supplement member countries' official reserves.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Economic and Social Council' is one of the principal organs of:

A. WTO

B. World Bank

C. United Nations

D. IMF

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Correct Answer: Option C

Explanation:
The Economic and Social Council is a principal organ of the United Nations.

This question belongs to: Economy GK Economy Set 1

Question #3

The term 'Repo Rate' is the rate at which:

A. Government borrows from the public

B. RBI borrows from commercial banks

C. Commercial banks borrow from the RBI against collateral of government securities

D. Banks lend to each other in the call market

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Correct Answer: Option C

Explanation:
Repo rate is the interest rate at which the RBI lends short-term funds to commercial banks against the collateral of government securities under the Liquidity Adjustment Facility.

This question belongs to: Economy GK Economy Set 1

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