Role of IMF and World Bank in Pakistan MCQs

1. The International Monetary Fund (IMF) was established in:
(A) 1944
(B) 1945
(C) 1947
(D) 1950

2. The World Bank was established as a result of which conference?
(A) Washington Conference
(B) Geneva Summit
(C) Bretton Woods Conference
(D) Paris Agreement

3. Pakistan became a member of the IMF in:
(A) 1947
(B) 1950
(C) 1952
(D) 1958

4. Pakistan took its first loan from the IMF in:
(A) 1958
(B) 1965
(C) 1971
(D) 1988

5. The main purpose of the IMF is to:
(A) Provide military assistance
(B) Promote global trade and economic stability
(C) Regulate private businesses
(D) Reduce poverty in developing countries

6. Which of the following institutions is a part of the World Bank Group?
(A) WTO
(B) International Bank for Reconstruction and Development (IBRD)
(C) OECD
(D) SAARC Development Fund

7. The World Bank primarily provides:
(A) Short-term loans
(B) Technical and financial assistance for development projects
(C) Military aid
(D) Loans for small businesses only

8. The Extended Fund Facility (EFF) is a loan program of:
(A) United Nations
(B) IMF
(C) World Bank
(D) Asian Development Bank

9. The IMF’s Structural Adjustment Program (SAP) requires countries to:
(A) Increase military spending
(B) Implement economic reforms and reduce fiscal deficits
(C) Stop borrowing money from the World Bank
(D) Nationalize private industries

10. Pakistan signed a bailout agreement with the IMF in 2019 worth:
(A) $3 billion
(B) $6 billion
(C) $10 billion
(D) $12 billion

11. The IMF provides financial support to countries facing:
(A) Budget surpluses
(B) Balance of payments crises
(C) High inflation rates only
(D) Political instability

12. The World Bank’s major role in Pakistan has been in:
(A) Defense-related projects
(B) Infrastructure, education, and health sector development
(C) Direct cash transfers to citizens
(D) Political reforms

13. Which of the following is NOT a lending arm of the World Bank?
(A) IMF
(B) International Development Association (IDA)
(C) International Finance Corporation (IFC)
(D) Multilateral Investment Guarantee Agency (MIGA)

14. The World Bank’s International Development Association (IDA) provides:
(A) Military loans
(B) Grants and low-interest loans to poor countries
(C) Bailout packages for bankrupt countries
(D) High-interest commercial loans

15. Which sector in Pakistan has received significant financial aid from the World Bank?
(A) Defense
(B) Education and infrastructure
(C) Luxury goods industry
(D) Political campaigns

16. Which Pakistani project was funded by the World Bank?
(A) Neelum-Jhelum Hydropower Project
(B) Diamer-Bhasha Dam
(C) Tarbela Dam
(D) Kalabagh Dam

17. The main reason Pakistan frequently seeks IMF loans is:
(A) Trade surplus
(B) Balance of payment deficits and economic crises
(C) Rising foreign investments
(D) Increase in tourism revenue

18. In return for financial aid, the IMF often asks Pakistan to:
(A) Increase subsidies
(B) Implement economic reforms and reduce government spending
(C) Expand public sector employment
(D) Decrease exports

19. The World Bank Group includes how many institutions?
(A) 2
(B) 3
(C) 4
(D) 5

20. Which international institution is often called the “lender of last resort”?
(A) World Bank
(B) IMF
(C) WTO
(D) UNDP