World Bank MCQ Quiz in मल्याळम - Objective Question with Answer for World Bank - സൗജന്യ PDF ഡൗൺലോഡ് ചെയ്യുക
Last updated on Apr 10, 2025
Latest World Bank MCQ Objective Questions
Top World Bank MCQ Objective Questions
World Bank Question 1:
Which one of the following institutions is not a part of the World Bank Group?
Answer (Detailed Solution Below)
World Bank Question 1 Detailed Solution
The correct answer is The Bank for International Settlements (BIS)
Key Points
- World Bank Group:
- It is the largest and best-known development bank in the world and an observer at the United Nations Development Group.
- The bank is headquartered in Washington, D.C., in the United States.
- The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.
- The World Bank Group consists of
- International Bank for Reconstruction and Development (IBRD), established in 1944, which provides debt financing based on sovereign guarantees;
- International Finance Corporation (IFC), established in 1956, which provides various forms of financing without sovereign guarantees, primarily to the private sector
- International Development Association (IDA), established in 1960, which provides concessional financing (interest-free loans or grants), usually with sovereign guarantees;
- International Centre for Settlement of Investment Disputes (ICSID), established in 1965, which works with governments to reduce investment risk;
- Multilateral Investment Guarantee Agency (MIGA), established in 1988, provides insurance against certain types of risk, including political risk, primarily to the private sector.
Additional Information
- The Bank for International Settlements (BIS) :
- Headquartered in Basel, Switzerland, the Bank for International Settlements (BIS) is a bank for central banks.
- Founded in 1930 was created out of the Hague Agreements, BIS is owned by 63 national central banks, also provides independent economic analysis AND offering banking services for national central banks and a forum for discussing monetary and regulatory policies
World Bank Question 2:
As per the World Bank data, what was the population of India at the end of 2021?
Answer (Detailed Solution Below)
World Bank Question 2 Detailed Solution
The correct answer is 1.39 billion.Key Points
- The population of India at the end of 2021 is 1.39 billion.
- According to the World Bank data, India is the second-most populous country in the world after China.
- The population of India has been steadily increasing over the years, with an annual growth rate of around 1.05%.
- The Indian government has been implementing various measures to control population growth, such as family planning programs, education, and awareness campaigns.
Additional Information
- India is predicted to have 1.42 billion people living there in total by 2022.
- Within 40 years, India is expected to surpass China as the top-ranked nation.
- The term "population" refers to both permanent foreign residents and all citizens who are either temporarily or permanently present in a nation.
- The World Bank is a global financial organization that helps governments in low- and middle-income nations pursue capital projects by lending money and providing grants.
- Headquarter is in United States.
- July 1944 saw the founding of it.
- Ajay Banga is the president.
World Bank Question 3:
Which of the following is the basic objective of the World Bank?
Answer (Detailed Solution Below)
World Bank Question 3 Detailed Solution
The correct answer is To eradicate poverty.
Key PointsThe World Bank has two main objectives:
- End extreme poverty within a generation and boost shared prosperity. This means that the World Bank aims to reduce the number of people living on less than $1.90 a day to zero, and to increase the income of the poorest 40% of the population in each country by at least 4% per year.
- Promote sustainable development. This means that the World Bank aims to help countries achieve economic growth that is environmentally and socially sustainable. This includes addressing issues such as climate change, water scarcity, and poverty.
In order to achieve these objectives, the World Bank provides a variety of services to its member countries, including:
Loans and grants: The World Bank provides financial assistance to countries to help them finance their development projects.
Technical assistance: The World Bank provides technical expertise to countries to help them develop their capacity to implement their development plans.
Knowledge sharing: The World Bank shares its knowledge and experience with countries to help them learn from other countries' successes and failures
World Bank Question 4:
As per the World Bank data, what was the population of India at the end of 2021?
Answer (Detailed Solution Below)
World Bank Question 4 Detailed Solution
The correct answer is 1.39 billion.Key Points
- The population of India at the end of 2021 is 1.39 billion.
- According to the World Bank data, India is the second-most populous country in the world after China.
- The population of India has been steadily increasing over the years, with an annual growth rate of around 1.05%.
- The Indian government has been implementing various measures to control population growth, such as family planning programs, education, and awareness campaigns.
Additional Information
- India is predicted to have 1.42 billion people living there in total by 2022.
- Within 40 years, India is expected to surpass China as the top-ranked nation.
- The term "population" refers to both permanent foreign residents and all citizens who are either temporarily or permanently present in a nation.
- The World Bank is a global financial organization that helps governments in low- and middle-income nations pursue capital projects by lending money and providing grants.
- Headquarter is in United States.
- July 1944 saw the founding of it.
- Ajay Banga is the president.
World Bank Question 5:
Which of the following is the basic objective of the World Bank?
Answer (Detailed Solution Below)
World Bank Question 5 Detailed Solution
The correct answer is To eradicate poverty.
Key PointsThe World Bank has two main objectives:
- End extreme poverty within a generation and boost shared prosperity. This means that the World Bank aims to reduce the number of people living on less than $1.90 a day to zero, and to increase the income of the poorest 40% of the population in each country by at least 4% per year.
- Promote sustainable development. This means that the World Bank aims to help countries achieve economic growth that is environmentally and socially sustainable. This includes addressing issues such as climate change, water scarcity, and poverty.
In order to achieve these objectives, the World Bank provides a variety of services to its member countries, including:
Loans and grants: The World Bank provides financial assistance to countries to help them finance their development projects.
Technical assistance: The World Bank provides technical expertise to countries to help them develop their capacity to implement their development plans.
Knowledge sharing: The World Bank shares its knowledge and experience with countries to help them learn from other countries' successes and failures
World Bank Question 6:
What is the full name of the 'World Bank'?
Answer (Detailed Solution Below)
World Bank Question 6 Detailed Solution
The correct answer is International Bank for Reconstruction and Development.
Key Points
- Full name of the 'World Bank' is International Bank for Reconstruction and Development.
- International Bank for Reconstruction and Development (IBRD) popularly known as World Bank which was also set up in 1944 under Bretton Woods conference, along with IMF.
- World Bank is also headquartered at Washington DC and has 189 members.
- The World Bank focuses on making loans to the governments in order to rebuild public infra, and other infrastructure i.e.., the areas where private sector enterprises do not take interest.
Additional Information
- World Bank:
- Formation: July 1944.
- Membership: 186 countries.
- President: David Malpass.
- Founders: John Maynard Keynes, Harry Dexter White.
- The World Bank has published the World Development Report 2021: Data for Better Lives.
- The World Development Report 2021 provides a blueprint on how to harness the power of data for development, to ensure no one is left behind
World Bank Question 7:
For the implementation of which project, does International Development Association, is a part of World Bank, provides assistance?
Answer (Detailed Solution Below)
World Bank Question 7 Detailed Solution
The correct answer is ISSNIP.
Key Points
- ISSNIP
- The full form of the project is ICDS Systems Strengthening and Nutrition Improvement Project.
- Ministry for Women & Child Development launched the World Bank assisted ISSNIP in New Delhi in 2013.
- It aims at improving child development and nutritional outcomes.
- The first phase of the project will support the Government’s efforts to strengthen policy measures.
- It also supports urban and sub-urban pilots in Delhi, Odisha and Uttarakhand.
Additional Information
- ICDS
- The full form is Integrated Child Development Services.
- It is one of the flagship programmes of the Government launched in 1975.
- It is one of the world’s largest and unique early childhood care and development programmes.
- Under the scheme, children under the age group of 6 years, pregnant women and lactating mothers are covered.
- It provides nutritional meals, preschool education, primary healthcare to children below age six.
- IDA
- The full form is International Development Association.
- It is a member of the World Bank Group.
- It is an international financial institution that offers loans to the poorest developing countries.
- It is headquartered in Washington, D.C., in the United States.
- It aims to reduce poverty and to provide affordable development to poor countries.
- It is the single largest provider of funds to economic and human development projects.