What is the primary objective of IMF? MCQ with Answer and Explanation

Question
What is the primary objective of IMF?
A. Ensuring financial stability
B. Educating the children
C. Fighting against diseases
D. Promoting trade between nations
Answer: Option A
Solution (By JKSSB Mock Tests)
The IMF's primary purpose is to ensure stability in the international monetary system.
This question belongs to: Static General Knowledge International Organizations
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Practice More International Organizations Questions

Question #1
Where is the headquarters of the 'Organisation for Economic Co-operation and Development' (OECD) located?
A. Paris
B. Vienna
C. Geneva
D. New York
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Correct Answer: Option A

Explanation:
The OECD is headquartered in the Château de la Muette in Paris, France.
This question belongs to: Static General Knowledge International Organizations
Question #2
The IMF’s Special Drawing Rights (SDR) is best described as:
A. An international reserve asset
B. A loan facility for poor nations
C. A global digital currency
D. A trade settlement mechanism
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Correct Answer: Option A

Explanation:
SDRs are international reserve assets created by the IMF to supplement member countries’ official reserves.
This question belongs to: Static General Knowledge International Organizations
Question #3
The ASEAN Secretariat is located in:
A. Jakarta
B. Bangkok
C. Manila
D. Singapore
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Correct Answer: Option A

Explanation:
The ASEAN Secretariat is based in Jakarta, Indonesia.
This question belongs to: Static General Knowledge International Organizations
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