1. The United Nations was founded in:
A) 1919
B) 1941
C) 1945
D) 1950
Answer: C
Explanation: The UN was established in 1945 after World War II to promote peace and cooperation.
2. The headquarters of the United Nations is in:
A) Geneva
B) New York
C) Paris
D) Washington DC
Answer: B
Explanation: UN HQ is in New York, USA.
3. The UN General Assembly meets:
A) Once a year
B) Twice a year
C) Every month
D) Every five years
Answer: A
Explanation: UNGA holds annual sessions in September.
4. Which organ of the UN is responsible for maintaining peace and security?
A) General Assembly
B) Security Council
C) ECOSOC
D) Trusteeship Council
Answer: B
Explanation: UN Security Council (UNSC) maintains peace & security.
5. The permanent members of UNSC are:
A) USA, UK, France, China, Russia
B) USA, Germany, Japan, China, UK
C) USA, India, France, Russia, Brazil
D) USA, UK, China, India, Germany
Answer: A
Explanation: P5 = USA, UK, France, China, Russia.
6. The UN Secretary-General is elected for a term of:
A) 3 years
B) 4 years
C) 5 years
D) 10 years
Answer: C
Explanation: The Secretary-General serves a 5-year renewable term.
7. The current UN Secretary-General (as of 2023) is:
A) Ban Ki-moon
B) Kofi Annan
C) António Guterres
D) Boutros Boutros-Ghali
Answer: C
Explanation: António Guterres (Portugal) is serving since 2017.
8. ECOSOC stands for:
A) Economic and Social Council
B) Environment and Science Organisation Council
C) Economic Cooperation Society
D) Emergency Social Organisation Council
Answer: A
Explanation: ECOSOC = UN Economic & Social Council.
9. Which UN agency deals with health issues worldwide?
A) UNICEF
B) WHO
C) UNESCO
D) UNDP
Answer: B
Explanation: WHO (1948) deals with global health.
10. Headquarters of WHO is in:
A) Paris
B) Geneva
C) Rome
D) London
Answer: B
Explanation: WHO HQ = Geneva, Switzerland.
11. UNICEF works for:
A) Environment protection
B) Child welfare
C) Industrial development
D) Food production
Answer: B
Explanation: UNICEF promotes child rights, education, health.
12. UNESCO works for:
A) Labour rights
B) Education, science & culture
C) Banking reforms
D) Global trade
Answer: B
Explanation: UNESCO = United Nations Educational, Scientific and Cultural Organization.
13. Headquarters of UNESCO is in:
A) London
B) Paris
C) Rome
D) Geneva
Answer: B
Explanation: UNESCO HQ = Paris, France.
14. ILO (International Labour Organization) was founded in:
A) 1919
B) 1945
C) 1950
D) 1965
Answer: A
Explanation: ILO was created in 1919 under Treaty of Versailles.
15. The headquarters of ILO is in:
A) Rome
B) Paris
C) Geneva
D) London
Answer: C
Explanation: ILO HQ = Geneva, Switzerland.
16. UNDP stands for:
A) United Nations Development Programme
B) United Nations Defence Project
C) United Nations Digital Partnership
D) United Nations Disaster Programme
Answer: A
Explanation: UNDP promotes development, poverty reduction.
17. Headquarters of UNDP is in:
A) Paris
B) Geneva
C) New York
D) Rome
Answer: C
Explanation: UNDP HQ = New York, USA.
18. FAO (Food and Agriculture Organization) was established in:
A) 1943
B) 1945
C) 1950
D) 1960
Answer: B
Explanation: FAO (1945) promotes global food security.
19. FAO headquarters is in:
A) New York
B) Geneva
C) Rome
D) Paris
Answer: C
Explanation: FAO HQ = Rome, Italy.
20. WFP (World Food Programme) focuses on:
A) Promoting trade
B) Fighting hunger and food insecurity
C) Controlling inflation
D) Managing stock markets
Answer: B
Explanation: WFP = world’s largest humanitarian agency against hunger.
21. Headquarters of WFP is in:
A) Rome
B) Geneva
C) Paris
D) New York
Answer: A
Explanation: WFP HQ = Rome, Italy.
22. UNCTAD stands for:
A) United Nations Conference on Trade and Development
B) United Nations Council for Technology and Development
C) United Nations Charter for Trade and Development
D) United Nations Committee for Agriculture Development
Answer: A
Explanation: UNCTAD (1964) promotes trade, investment, and development.
23. Headquarters of UNCTAD is in:
A) Rome
B) Paris
C) Geneva
D) London
Answer: C
Explanation: UNCTAD HQ = Geneva, Switzerland.
24. Which UN agency deals with refugees?
A) UNICEF
B) UNHCR
C) WHO
D) FAO
Answer: B
Explanation: UNHCR (1950) = UN High Commissioner for Refugees.
25. Headquarters of UNHCR is in:
A) Rome
B) Geneva
C) Paris
D) Washington DC
Answer: B
Explanation: UNHCR HQ = Geneva, Switzerland.
26. The IMF was established in:
A) 1944
B) 1945
C) 1947
D) 1950
Answer: B
Explanation: IMF was created in 1945 after the Bretton Woods Conference (1944).
27. Headquarters of IMF is in:
A) Geneva
B) Washington DC
C) London
D) Paris
Answer: B
Explanation: IMF HQ = Washington DC, USA.
28. The main function of IMF is:
A) Long-term infrastructure loans
B) Short-term balance of payments support
C) Agricultural development
D) Trade promotion
Answer: B
Explanation: IMF helps countries facing BoP crises.
29. India is a founding member of IMF. True or False?
Answer: True
Explanation: India joined IMF in 1945 as a founding member.
30. IMF quota of a country determines:
A) Voting power
B) Access to finance
C) Share in SDR allocation
D) All of the above
Answer: D
Explanation: Quota = capital contribution + voting rights + access to finance.
31. The World Bank was established in:
A) 1944
B) 1945
C) 1947
D) 1950
Answer: A
Explanation: World Bank was created at Bretton Woods Conference in 1944.
32. The World Bank Group consists of:
A) IMF + IBRD + IDA
B) IBRD, IDA, IFC, MIGA, ICSID
C) WTO, IMF, IDA
D) UN + IMF + WTO
Answer: B
Explanation: World Bank Group = IBRD, IDA, IFC, MIGA, ICSID.
33. IBRD provides:
A) Short-term loans
B) Long-term loans for development
C) Microfinance
D) Agricultural subsidies
Answer: B
Explanation: IBRD = long-term development finance.
34. IDA (International Development Association) provides:
A) Concessional loans and grants to poorest countries
B) Short-term loans to rich countries
C) Insurance against trade risks
D) Only agricultural loans
Answer: A
Explanation: IDA = soft window of World Bank.
35. IFC (International Finance Corporation) promotes:
A) Private sector investment
B) Public enterprises
C) Trade negotiations
D) Foreign aid
Answer: A
Explanation: IFC = private sector arm of World Bank.
36. WTO replaced GATT in:
A) 1985
B) 1991
C) 1995
D) 2000
Answer: C
Explanation: WTO established in 1995, replacing GATT (1948).
37. WTO headquarters is in:
A) Washington DC
B) New York
C) Geneva
D) London
Answer: C
Explanation: WTO HQ = Geneva, Switzerland.
38. The WTO functions on the principle of:
A) Protectionism
B) Non-discrimination and free trade
C) Bilateral agreements only
D) Regional trade blocs
Answer: B
Explanation: WTO ensures Most Favoured Nation (MFN) principle & non-discrimination.
39. India is a founding member of WTO. True or False?
Answer: True
Explanation: India joined WTO in 1995 as a founding member.
40. The highest decision-making body of WTO is:
A) General Council
B) Dispute Settlement Body
C) Ministerial Conference
D) Secretariat
Answer: C
Explanation: Ministerial Conference meets biennially for policy decisions.
41. The WTO dispute settlement mechanism is called:
A) Arbitration Council
B) Dispute Settlement Body (DSB)
C) Trade Tribunal
D) Global Arbitration Court
Answer: B
Explanation: WTO’s DSB settles trade disputes.
42. TRIPS under WTO refers to:
A) Trade-Related Investment Policies
B) Trade-Related Intellectual Property Rights
C) Trade Regulation of Industrial Production Systems
D) None
Answer: B
Explanation: TRIPS = Trade-Related Intellectual Property Rights.
43. TRIMS under WTO stands for:
A) Trade-Related Investment Measures
B) Trade-Related Industrial Markets
C) Transport-Related Import Mechanism
D) Trade-Related International Migration System
Answer: A
Explanation: TRIMS deals with foreign investment measures affecting trade.
44. Agreement on Agriculture (AoA) under WTO covers:
A) Domestic support, market access, export subsidies
B) Labour laws
C) Industrial tariffs
D) Technology transfer
Answer: A
Explanation: AoA = agriculture trade liberalization framework.
45. Special and Differential Treatment (SDT) in WTO is given to:
A) Developed countries
B) Developing countries
C) Exporters only
D) WTO Secretariat
Answer: B
Explanation: Developing countries get flexibility under WTO agreements.
46. WTO’s Director-General (as of 2023) is:
A) Pascal Lamy
B) Roberto Azevêdo
C) Ngozi Okonjo-Iweala
D) Supachai Panitchpakdi
Answer: C
Explanation: Ngozi Okonjo-Iweala (Nigeria) became WTO DG in 2021.
47. The World Economic Forum (WEF) is headquartered in:
A) Geneva
B) Davos
C) Basel
D) Paris
Answer: A
Explanation: WEF HQ = Geneva, though its annual meeting is in Davos, Switzerland.
48. The Global Competitiveness Report is published by:
A) IMF
B) World Bank
C) WTO
D) World Economic Forum
Answer: D
Explanation: WEF publishes Global Competitiveness Report.
49. The Doing Business Report (till 2021) was published by:
A) WTO
B) IMF
C) World Bank
D) UNDP
Answer: C
Explanation: World Bank published it until 2021, then discontinued.
50. The World Trade Report is published annually by:
A) WTO
B) World Bank
C) IMF
D) UNCTAD
Answer: A
Explanation: WTO publishes World Trade Report.
51. The Asian Development Bank (ADB) was established in:
A) 1944
B) 1956
C) 1966
D) 1971
Answer: C
Explanation: ADB was founded in 1966, headquartered in Manila, Philippines.
52. The main objective of ADB is to:
A) Promote international trade
B) Provide development finance to Asia-Pacific countries
C) Supervise monetary policy
D) Control inflation
Answer: B
Explanation: ADB gives loans & technical assistance for development projects.
53. The largest shareholder in ADB is:
A) India
B) USA
C) Japan
D) China
Answer: C
Explanation: Japan and USA are the largest shareholders, with Japan having slightly more influence.
54. India joined ADB as a member in:
A) 1950
B) 1966
C) 1975
D) 1982
Answer: B
Explanation: India has been a founding member since 1966.
55. The Asian Infrastructure Investment Bank (AIIB) was founded in:
A) 2010
B) 2013
C) 2015
D) 2016
Answer: C
Explanation: AIIB was established in 2015; operations started in 2016.
56. Headquarters of AIIB is in:
A) New Delhi
B) Shanghai
C) Beijing
D) Hong Kong
Answer: C
Explanation: AIIB HQ = Beijing, China.
57. India’s shareholding in AIIB is:
A) Largest
B) Second-largest
C) Third-largest
D) Equal to USA
Answer: B
Explanation: China is largest, India second-largest shareholder in AIIB.
58. The BRICS New Development Bank (NDB) was established in:
A) 2012
B) 2014
C) 2016
D) 2018
Answer: B
Explanation: NDB was created by BRICS nations in 2014, HQ in Shanghai.
59. The main purpose of NDB is:
A) Lending to developed nations
B) Financing infrastructure and sustainable development in BRICS and other EMEs
C) Supervising WTO rules
D) Issuing global currency
Answer: B
Explanation: NDB provides finance for infrastructure and sustainable projects.
60. Headquarters of NDB is in:
A) Beijing
B) New Delhi
C) Shanghai
D) Johannesburg
Answer: C
Explanation: NDB HQ = Shanghai, China.
61. The European Investment Bank (EIB) was set up in:
A) 1958
B) 1966
C) 1975
D) 1980
Answer: A
Explanation: EIB was founded in 1958, HQ in Luxembourg.
62. The European Bank for Reconstruction and Development (EBRD) was created in:
A) 1975
B) 1980
C) 1991
D) 2000
Answer: C
Explanation: EBRD was created in 1991 to support transition economies of Eastern Europe.
63. Headquarters of EBRD is in:
A) Berlin
B) Paris
C) London
D) Geneva
Answer: C
Explanation: EBRD HQ = London, UK.
64. The African Development Bank (AfDB) was established in:
A) 1958
B) 1964
C) 1972
D) 1980
Answer: B
Explanation: AfDB founded in 1964, HQ in Abidjan, Côte d’Ivoire.
65. The Inter-American Development Bank (IDB) was founded in:
A) 1944
B) 1959
C) 1966
D) 1975
Answer: B
Explanation: IDB established in 1959, HQ in Washington DC.
66. SAARC Development Fund (SDF) was set up in:
A) 2005
B) 2008
C) 2010
D) 2012
Answer: B
Explanation: SDF was established in 2008, HQ in Thimphu, Bhutan.
67. The purpose of SAARC Development Fund is:
A) Trade negotiations
B) Financing social, economic, and infrastructure projects in South Asia
C) Supervising WTO
D) Printing currency for SAARC
Answer: B
Explanation: SDF finances development projects in SAARC countries.
68. The Islamic Development Bank (IsDB) was founded in:
A) 1960
B) 1970
C) 1973
D) 1980
Answer: C
Explanation: IsDB was founded in 1973, HQ in Jeddah, Saudi Arabia.
69. The primary purpose of IsDB is:
A) Promote trade in Islamic countries
B) Provide development finance according to Sharia principles
C) Promote tourism in Middle East
D) Manage oil exports
Answer: B
Explanation: IsDB provides development finance as per Islamic finance rules.
70. Which regional bank supports infrastructure finance in Latin America?
A) IDB
B) AfDB
C) ADB
D) AIIB
Answer: A
Explanation: Inter-American Development Bank (IDB) supports Latin America.
71. The Gulf Cooperation Council (GCC) monetary council was established to:
A) Print oil bonds
B) Create a common Gulf currency
C) Manage Islamic banking globally
D) Control OPEC
Answer: B
Explanation: GCC monetary council planned for common Gulf currency (not yet realized).
72. The European Central Bank (ECB) is headquartered in:
A) Brussels
B) Paris
C) Frankfurt
D) Berlin
Answer: C
Explanation: ECB HQ = Frankfurt, Germany.
73. The ECB’s main responsibility is:
A) Supervising IMF policies
B) Managing Euro and monetary policy in Eurozone
C) Regulating WTO
D) Providing microfinance
Answer: B
Explanation: ECB manages Euro and monetary policy for Eurozone.
74. The Bank for International Settlements (BIS) is called:
A) Lender of last resort
B) Central Bank of central banks
C) World Development Bank
D) International Insurance Bank
Answer: B
Explanation: BIS = Central Bank of central banks, HQ in Basel, Switzerland.
75. Which committee of BIS is known for global banking norms?
A) Urjit Patel Committee
B) Basel Committee
C) Narasimham Committee
D) Financial Stability Board
Answer: B
Explanation: Basel Committee under BIS frames capital adequacy and banking norms.
76. India is a founding member of which of the following?
A) IMF and World Bank
B) WTO
C) AIIB and NDB
D) All of the above
Answer: D
Explanation: India is a founding member of IMF, World Bank (1945), WTO (1995), AIIB (2015), and NDB (2014).
77. India’s voting power in IMF depends on:
A) Population
B) GDP only
C) Quota subscription
D) Exports
Answer: C
Explanation: IMF quota = capital contribution → decides voting power, SDR allocation, borrowing rights.
78. India is part of which group within WTO that represents developing nations?
A) G7
B) G20 (Trade)
C) G33
D) OECD
Answer: C
Explanation: India leads G33, a coalition of developing nations for agricultural trade.
79. Which Indian city hosts the headquarters of the International Solar Alliance (ISA)?
A) New Delhi
B) Bengaluru
C) Gurugram
D) Hyderabad
Answer: C
Explanation: ISA HQ = Gurugram, Haryana, founded in 2015 at COP21.
80. The International Solar Alliance was jointly launched by:
A) India and USA
B) India and France
C) India and Japan
D) India and Brazil
Answer: B
Explanation: ISA was launched by India and France at COP21 (Paris).
81. India is NOT a member of which of the following?
A) SAARC
B) SCO
C) OECD
D) G20
Answer: C
Explanation: India is not a member of OECD.
82. The headquarters of SAARC is in:
A) New Delhi
B) Islamabad
C) Kathmandu
D) Dhaka
Answer: C
Explanation: SAARC HQ = Kathmandu, Nepal.
83. Which SAARC country was suspended in 2016?
A) Nepal
B) Pakistan
C) Afghanistan
D) Sri Lanka
Answer: C
Explanation: Afghanistan was suspended in 2016 after political instability.
84. The World Economic Outlook report is published by:
A) World Bank
B) IMF
C) WTO
D) UNCTAD
Answer: B
Explanation: IMF publishes WEO, providing global growth projections.
85. The Global Economic Prospects report is published by:
A) IMF
B) WTO
C) World Bank
D) OECD
Answer: C
Explanation: World Bank publishes Global Economic Prospects.
86. The Human Development Report is published by:
A) IMF
B) UNDP
C) World Bank
D) UNESCO
Answer: B
Explanation: UNDP releases Human Development Report with HDI rankings.
87. The Ease of Doing Business Report (discontinued in 2021) was published by:
A) IMF
B) World Bank
C) WTO
D) UNCTAD
Answer: B
Explanation: The World Bank published it till 2021.
88. The World Investment Report is published annually by:
A) WTO
B) IMF
C) UNCTAD
D) OECD
Answer: C
Explanation: UNCTAD publishes the World Investment Report.
89. The Trade and Development Report is released by:
A) World Bank
B) IMF
C) UNCTAD
D) WTO
Answer: C
Explanation: UNCTAD publishes the Trade & Development Report.
90. The World Development Report is published by:
A) World Bank
B) IMF
C) WTO
D) UNDP
Answer: A
Explanation: World Bank publishes World Development Report.
91. The World Happiness Report is published by:
A) World Bank
B) UN Sustainable Development Solutions Network
C) WTO
D) IMF
Answer: B
Explanation: SDSN (UN initiative) publishes the World Happiness Report.
92. The Global Risks Report is published by:
A) IMF
B) World Economic Forum
C) WTO
D) UNCTAD
Answer: B
Explanation: WEF releases Global Risks Report annually at Davos.
93. India became a member of WTO in:
A) 1991
B) 1995
C) 2000
D) 2005
Answer: B
Explanation: India joined WTO as a founding member in 1995.
94. Which Indian economist became Chief Economist of the World Bank in 2019?
A) Raghuram Rajan
B) Kaushik Basu
C) Gita Gopinath
D) Abhijit Banerjee
Answer: B
Explanation: Kaushik Basu served as Chief Economist of World Bank (2012–2016).
95. Gita Gopinath is associated with:
A) IMF
B) World Bank
C) WTO
D) UNDP
Answer: A
Explanation: Gita Gopinath became First Deputy Managing Director of IMF in 2022.
96. The headquarters of WTO is in:
A) Paris
B) Washington DC
C) Geneva
D) New York
Answer: C
Explanation: WTO HQ = Geneva, Switzerland.
97. The India-BRICS Bank is officially known as:
A) SAARC Bank
B) New Development Bank (NDB)
C) Asian Infrastructure Bank
D) BRICS Credit Bank
Answer: B
Explanation: BRICS Bank is called the New Development Bank (Shanghai, 2014).
98. India is the ____ largest shareholder in AIIB.
A) First
B) Second
C) Third
D) Fourth
Answer: B
Explanation: China is first, India is second-largest shareholder in AIIB.
99. The Climate Change Conference of Parties (COP) is organized by:
A) IMF
B) UNFCCC
C) WTO
D) World Bank
Answer: B
Explanation: COP is the annual summit of UN Framework Convention on Climate Change (UNFCCC).
100. India’s Sherpa at G20 (2023) is:
A) Arvind Subramanian
B) N.K. Singh
C) Amitabh Kant
D) Raghuram Rajan
Answer: C
Explanation: Amitabh Kant is India’s G20 Sherpa (representative).