What is the primary function of the 'International Fund for Agricultural Development' (IFAD)? MCQ with Answer and Explanation

Question
What is the primary function of the 'International Fund for Agricultural Development' (IFAD)?
A. To standardize global education
B. To eradicate poverty and hunger in rural areas
C. To provide military funding
D. To regulate global energy markets
Answer: Option B
Solution (By JKSSB Mock Tests)
IFAD is an international financial institution and specialized UN agency dedicated to rural poverty reduction.
This question belongs to: Static General Knowledge International Organizations
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Question #1
What does the 'G' in G20 stand for?
A. Group
B. General
C. Governance
D. Global
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Correct Answer: Option A

Explanation:
The 'G' stands for 'Group' (Group of 20).
This question belongs to: Static General Knowledge International Organizations
Question #2
The IMF's 'Article IV Consultations' refer to:
A. Bilateral trade negotiations
B. Debt restructuring frameworks
C. Surveillance of member countries' economic policies
D. Emergency lending procedures
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Correct Answer: Option C

Explanation:
Under Article IV of its Articles of Agreement, the IMF holds regular consultations with member countries to assess economic and financial developments.
This question belongs to: Static General Knowledge International Organizations
Question #3
Which organization aims to prevent nuclear proliferation?
A. WHO
B. WTO
C. IMF
D. IAEA
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Correct Answer: Option D

Explanation:
The IAEA promotes the safe, secure, and peaceful use of nuclear technologies.
This question belongs to: Static General Knowledge International Organizations
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