International Financial Institutions Essay

International Financial Institutions Essay
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International Financial Institutions Essay
1. How is the United Nations Monetary
and Financial Conference wherein the
agreements were signed to set up
IBRD, GATT and IMF, commonly
known? [IAS (Pre) 2008]
(a) Bandung Conference
(b) Bretton Woods Conference
(c) Versailles Conference
(d) Yalta Conference
2. The WTO was founded in 1995 as the
successor organisation to the
[APSC 2017]
(c) World Bank (d) GATT
International Financial Institutions Essay
3. World Trade Organisation (WTO)
officially commenced on …… .
(a) 1st January, 1995
(b) 1st March, 1995
(c) 1st October, 1995
(d) 1st November, 1995
4. Which of the following are the
Principles of WTO?
(a) MFN
(b) National Treatment
(c) Free Trade
(d) All of the above
5. Which of the following is not-part of the
WTO Agreement on Agriculture (AoA)?
(a) Input subsidies
(b) Export subsidies
(c) Domestic support
(d) Market access
6. Which of the following is not a subsidy
box as per AoA?
(a) Green box (b) Blue box
(c) Amber box (d) Yellow box
7. Which of the following body is not
related to the WTO?
(a) Dispute Settlement Body
(b) Trade Policy Review Body
(c) Council of Trade in Goods
(d) Exchange Rate Management
International Financial Institutions Essay
8. In the terminology of WTO, which
among the following is not an amber
box subsidy?
(a) Minimum support price of cereals
(b) Subsidy on seeds
(c) Subsidy on irrigation rates
(d) Cost of government pest control
and management
9. Which one of the following is not
included under WTO regulations?
(a) Removal of industrial licenses
(b) Removal of import tariffs
(c) Removal of foreign portfolio
(d) Removal of price controls
10. SDR are allocated to member
nations in proportion of their
(a) population
(b) national income
(c) poverty
(d) shareholding in IMF
11. Which of the following are covered
under TRIPS agreement?
(a) Patents, designs, trademarks,
(b) Geographical appellations of
(c) Trade secrets and layout of
integrated chips
(d) All of the above
12. Which of the following is not correct with
regard to TRIPS agreement?
(a) Protection and enforcement of all IPR
shall fulfill the goals of contribution to
innovation, promotion of technological
development and transfer of
(b) It is the universal intellectual property
(c) Every member of WTO should include
TRIPS provisions in their domestic
intellectual property legislations.
(d) RIPS requires WTO members to grant
copyright rights to content creators.
13. Which of the following agreement of
GATT is related to intellectual property?
(c) MFA
(d) Both (a) and (b)
14. ……… apply to investment measures
related to trade in goods only and not
(c) ATC (d) MFA
15. Which of the following is true with regard
(a) TRIMS ensure that the domestic
countries do not discriminate between
the foreign investors and the national
(b) It ensures that they do not force the
investors to invest in the sectors that
will fulfill the self-centred interest of the
domestic economy.
(c) Both (a) and (b)
(d) Neither (a) nor (b)
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