India and World Bank & IMF

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41. The International Monetary Fund’s Special Drawing Rights (SDR) can be used by member countries to:
a) Purchase commodities from other member countries
b) Invest in foreign stock markets
c) Settle international trade balances
d) Fund military operations

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42. Which Indian economist served as the Chief Economist of the World Bank from 1982 to 1986?
a) Raghuram Rajan
b) Arvind Subramanian
c) Kaushik Basu
d) Manmohan Singh

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43. The World Bank’s International Development Association (IDA) provides financial assistance primarily to:
a) High-income countries
b) Middle-income countries
c) Low-income countries
d) Non-member countries

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44. The International Monetary Fund’s surveillance function involves:
a) Monitoring the fiscal policies of member countries
b) Conducting audits of member countries’ central banks
c) Assessing the human rights record of member countries
d) Inspecting member countries’ military capabilities

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45. Which Indian economist served as the Chief Economist of the World Bank from 1997 to 2000?
a) Raghuram Rajan
b) Arvind Subramanian
c) Kaushik Basu
d) Raghuram G. Rajan

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