International Economic Organisations Questions with Solutions
This topic covers international economic and financial organisations: the IMF, the World Bank group, the WTO, the Asian Development Bank, the New Development Bank, the AIIB, OPEC, the OECD and groupings such as the G20, along with their headquarters, founding and functions. Questions usually ask where an organisation is headquartered, when it was set up, and what it does. For example, the IMF and World Bank were created at the Bretton Woods Conference in 1944, the WTO replaced GATT in 1995, and the New Development Bank, set up by the BRICS countries, is headquartered in Shanghai. Practise the international economic organisations questions below, written in the style of the general awareness sections of exams such as SSC, banking, railways, CUET GAT, MAH CET and CLAT. Each question comes with a detailed explanation that adds related facts, so every question helps you revise more than one point.
- Q1.
The World Trade Organization (WTO) was established in:
A. 1991B. 1995C. 1947D. 2001easyAsked in Railway +1View solution › - Q2.
The World Bank and the International Monetary Fund (IMF) are together known as the:
A. Bretton Woods institutionsB. Washington TwinsC. Breton TwinsD. Paris Club institutionseasyAsked in RailwayView solution › - Q3.
The Asian Development Bank (ADB) was established on:
A. 25 December 2015B. 1 January 1995C. 19 December 1966D. 24 October 1945mediumAsked in PoliceView solution › - Q4.
In which year was the grouping BRIC (now BRICS) formally founded with its first summit?
A. 2001B. 2011C. 2009D. 2006mediumAsked in RailwayView solution › - Q5.
The headquarters of the UN World Tourism Organization (UN Tourism) is located in:
A. Paris, FranceB. Madrid, SpainC. Rome, ItalyD. Geneva, SwitzerlandmediumAsked in RailwayView solution › - Q6.
According to the IMF's World Economic Outlook Update (January 2025), what is the projected global growth rate for 2025?
A. 2.3%B. 4.0%C. 3.3%D. 4.5%mediumAsked in MAH LLB 3 Year CET 1 April Shift 2 2026View solution › - Q7.
Which major international organization has its headquarters located in Geneva, Switzerland, and primarily deals with regulating international trade and resolving trade disputes between its member nations?
A. International Monetary Fund (IMF)B. World Trade Organization (WTO)C. World Health Organization (WHO)D. Organization of the Petroleum Exporting Countries (OPEC)easyAsked in MAH LLB 3 Year CET 1 April Shift 2 2026View solution › - Q8.
The South Asian Association for Regional Cooperation (SAARC) was established on:
A. 8 December 1985 in DhakaB. 1 January 1995 in GenevaC. 8 August 1967 in BangkokD. 6 June 1997 in BangkokeasyAsked in SSCView solution › - Q9.
The headquarters of the SAARC Development Fund (SDF) is located in:
A. Thimphu, BhutanB. Colombo, Sri LankaC. Dhaka, BangladeshD. Kathmandu, NepalmediumAsked in RailwayView solution › - Q10.
The headquarters of the World Trade Organization (WTO) is located in:
A. Paris, FranceB. Geneva, SwitzerlandC. Washington DC, USAD. New York, USAeasyAsked in SSCView solution › - Q11.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was established in:
A. 1997B. 2004C. 1985D. 1991mediumAsked in SSCView solution › - Q12.
UNESCO was established on:
A. 7 April 1948B. 24 October 1945C. 16 November 1945D. 11 December 1946mediumAsked in SSCView solution › - Q13.
The General Agreement on Tariffs and Trade (GATT) came into force in:
A. 1995B. 1944C. 1948D. 1960mediumAsked in SSCView solution › - Q14.
The Global Innovation Index (GII) is published by:
A. World Intellectual Property Organization (WIPO)B. World Economic ForumC. World BankD. United Nations Development ProgrammemediumAsked in SSCView solution › - Q15.
The World Food Programme (WFP), headquartered in Rome, was founded in:
A. 1945B. 1961C. 1974D. 1995mediumAsked in SSCView solution › - Q16.
The headquarters of UNICEF (United Nations Children's Fund) is situated in:
A. New YorkB. GenevaC. ViennaD. PariseasyAsked in RailwayView solution › - Q17.
How many non-permanent members does the United Nations Security Council have?
A. FiveB. FifteenC. TenD. SixeasyAsked in RailwayView solution › - Q18.
The only independent external oversight body of the United Nations system, authorised to conduct system-wide evaluations, inspections and investigations, is the:
A. Office of Internal Oversight Services (OIOS)B. International Court of JusticeC. Joint Inspection Unit (JIU)D. Economic and Social Council (ECOSOC)hardAsked in RailwayView solution › - Q19.
The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967 at:
A. Jakarta, IndonesiaB. Manila, PhilippinesC. Bangkok, ThailandD. Kuala Lumpur, MalaysiaeasyAsked in RailwayView solution › - Q20.
The International Institute for Educational Planning (IIEP), based in Paris, is a part of:
A. World BankB. UNESCOC. UNDPD. UNICEFmediumAsked in RailwayView solution ›