Pakistan’s Relations with International Financial Institutions (IMF, World Bank)

30 min Score: 0 Attempted: 0/30

1. IMF stands for?
(A) International Mining Fund
(B) International Monetary Fund
(C) Industrial Management Forum
(D) International Market Fund

2. The main purpose of IMF is to?
(A) Provide loans to countries facing balance of payments problems
(B) Promote tourism
(C) Build infrastructure
(D) Regulate trade policies

3. Pakistan first approached the IMF for financial assistance in?
(A) 1947
(B) 1988
(C) 1971
(D) 1958

4. World Bank primarily provides?
(A) Short-term loans for imports
(B) Currency exchange services
(C) Export subsidies
(D) Long-term development loans for infrastructure and social projects

5. Pakistan receives loans from IMF mainly to?
(A) Finance development projects
(B) Build schools and hospitals
(C) Stabilize its economy and balance of payments
(D) Promote exports only

6. World Bank loans to Pakistan are mostly used for?
(A) Food imports
(B) Paying government salaries
(C) Development projects such as energy, education, and health
(D) Military expenses

7. Pakistan’s relationship with IMF often involves?
(A) Political reforms
(B) Military cooperation
(C) Structural adjustment programs with conditions for economic reforms
(D) Cultural exchange programs

8. Which institution provides technical assistance and policy advice to Pakistan?
(A) Both A and B
(B) IMF
(C) World Bank
(D) UNESCO

9. IMF loans are usually conditional upon?
(A) Foreign trade agreements
(B) Economic reforms like reducing budget deficit and controlling inflation
(C) Military support
(D) Tourism promotion

10. Pakistan joined the World Bank in?
(A) 1947
(B) 1960
(C) 1950
(D) 1971

11. IMF helps Pakistan by providing?
(A) Grant money only
(B) Agricultural subsidies only
(C) Military aid
(D) Loans, technical advice, and monitoring of economic policies

12. The World Bank provides Pakistan with which type of funding?
(A) Short-term emergency loans
(B) Tourism grants
(C) Export-import loans
(D) Long-term development loans

13. Pakistan’s borrowing from IMF increases?
(A) Foreign reserves
(B) Population
(C) Inflation automatically
(D) Literacy rate

14. IMF programs in Pakistan often aim to?
(A) Stabilize currency, reduce deficit, and improve fiscal policies
(B) Promote social events
(C) Increase tourism only
(D) Reduce exports

15. The World Bank classifies Pakistan as?
(A) Low-income country
(B) High-income country
(C) Industrialized country
(D) Upper-middle-income country

16. Structural adjustment programs in Pakistan include?
(A) Subsidizing imports
(B) Promoting sports only
(C) Increasing military expenditure
(D) Privatization, tax reforms, and reducing government spending

17. Pakistan’s relations with IMF are often criticized because?
(A) They are unconditional
(B) They include strict economic reforms that affect social spending
(C) They promote exports
(D) They provide too much financial aid

18. The World Bank helps Pakistan in energy sector development by?
(A) Funding hydroelectric and power projects
(B) Providing military support
(C) Controlling inflation
(D) Providing grants to farmers only

19. IMF membership gives Pakistan access to?
(A) Loans, technical advice, and emergency financing
(B) Tourism grants
(C) Military weapons
(D) Food aid only

20. Pakistan’s debt to IMF and World Bank is part of?
(A) Public external debt
(B) Private sector investment
(C) Domestic savings
(D) Foreign aid grants

21. Which institution monitors Pakistan’s economic performance under loan programs?
(A) World Bank only
(B) IMF only
(C) WTO
(D) Both IMF and World Bank

22. IMF financial support helps Pakistan to?
(A) Increase exports automatically
(B) Stabilize its currency exchange rate
(C) Reduce literacy rate
(D) Increase population

23. World Bank’s social projects in Pakistan include?
(A) Education, health, and poverty alleviation programs
(B) Building military bases
(C) Promoting imports only
(D) Reducing exports

24. IMF programs often require Pakistan to?
(A) Control budget deficit and adopt fiscal discipline
(B) Increase subsidies
(C) Reduce exports
(D) Increase foreign debt automatically

25. The relationship between Pakistan and IMF is primarily?
(A) Financial and economic
(B) Cultural
(C) Military
(D) Tourism-oriented

26. Pakistan receives technical assistance from the IMF for?
(A) Economic policy, taxation, and fiscal management
(B) Military strategy
(C) Tourism management
(D) Health services only

27. Which World Bank program helps improve Pakistan’s infrastructure?
(A) Military aid
(B) Emergency food loans
(C) Export subsidies
(D) Development loans

28. Pakistan’s IMF agreements help in?
(A) Controlling inflation and stabilizing balance of payments
(B) Promoting exports and imports freely
(C) Building military bases
(D) Promoting tourism only

29. World Bank funding supports Pakistan’s development in?
(A) Education, health, energy, and transportation sectors
(B) Military only
(C) Tourism only
(D) Mining only

30. A major challenge for Pakistan in IMF programs is?
(A) Lack of loans
(B) Meeting structural adjustment conditions while maintaining social welfare
(C) Increasing exports automatically
(D) Building new ports only