Which of the following is/are treated as artificial currency?
- (a)ADR
- (b)GDR
- (c)SDR
- (d)Both ADR and SDR
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Official answer(c) SDR
Other questions on International Institutions & Reports
Consider the following statements : Statement-I : If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment. Statement-II : The USA Government debt is not backed by any hard assets, but only by the faith of the Government. Which one of the following is correct in respect of the above statements ?
- (a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
- (b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
- (c)Statement-I is correct, but Statement-II is incorrect
- (d)Statement-I is incorrect, but Statement-II is correct
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Official answer(a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
“Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following ?
- (a)Asian Development Bank
- (b)International Monetary Fund
- (c)United Nations Environment Programme Finance Initiative
- (d)World Bank
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Official answer(b) International Monetary Fund
“Gold Tranche” (Reserve Tranche) refers to
- (a)a loan system of the World Bank
- (b)one of the operations of a Central Bank
- (c)a credit system granted by WTO to its members
- (d)a credit system granted by IMF to its members
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Official answer(d) a credit system granted by IMF to its members
The Global Competitiveness Report is published by the
- (a)International Monetary Fund
- (b)United Nations Conference on Trade and Development
- (c)World Economic Forum
- (d)World Bank
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Official answer(c) World Economic Forum
With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements : 1. AIIB has more than 80 member nations. 2. India is the largest shareholder in AIIB. 3. AIIB does not have any members from outside Asia. Which of the statements given above is/are correct?
- (a)1 only
- (b)2 and 3 only
- (c)1 and 3 only
- (d)1, 2 and 3
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Official answer(a) 1 only
Which one of the following is not a sub-index of the World Bank's 'Ease of Doing Business Index'?
- (a)Maintenance of law and order
- (b)Paying taxes
- (c)Registering property
- (d)Dealing with construction permits
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Official answer(a) Maintenance of law and order