India and World Bank & IMF

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86. The World Bank’s International Development Association (IDA) was established in:
a) 1950
b) 1960
c) 1970
d) 1980

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87. The International Monetary Fund (IMF) aims to promote global economic stability by:
a) Regulating international trade
b) Facilitating currency exchange rate manipulations
c) Providing financial assistance and policy advice
d) Promoting income inequality

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88. The World Bank’s International Bank for Reconstruction and Development (IBRD) provides loans to member countries for:
a) Military expenditure
b) Industrial espionage
c) Post-conflict reconstruction
d) Nuclear weapons development

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89. The International Monetary Fund (IMF) uses a quota system to determine member countries’ financial contributions and:
a) Voting power
b) Military strength
c) Population size
d) Natural resource reserves

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90. The World Bank’s International Finance Corporation (IFC) focuses on promoting investments in:
a) Large multinational corporations
b) Small and medium-sized enterprises
c) Government-owned enterprises
d) Non-profit organizations

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