IMF / WB Quiz

Couldn't confirm presence of Flash 7 or higher because JavaScript was disabled.Get FlashI really do have Flash installed.1. The World Bank says its mission is:

[ ] a. To reduce global poverty

[ ] b. To achieve the Millenium Development Goals

[ ] c. To build a climate for investment, jobs and sustainable growth

[ ] d. All of the above

[ ] e. None of the above, these are the goals of the IMF

2. What is the IMF's primary purpose?

[ ] a. To reduce world povery

[ ] b. To provide developing countries with loans

[ ] c. To ensure stability of the international monetary system

[ ] d. To ensure environmental stability

[ ] e. None of the above

3. True or False: The IMF and World Bank were both created at the same time in 1944 and are collectively known as the Bretton Woods Institutions.

[ ] a. True

[ ] b. False

4. The similarities between the IMF and World Bank are:
I. Both are owned by the governments of their member nations
II. Both have headquarters in Washington DC
III. Both are primary lending institutions.

[ ] a. I

[ ] b. I and II but not III

[ ] c. I and III but not II

[ ] d. II and III but not I

[ ] e. I, II and III

5. ____ gives loans to poorer countries where as ____ gives financial assistance to any of its member nations.

[ ] a. The IMF; The World Bank

[ ] b. The World Bank; The United States

[ ] c. The World Bank; The IMF

[ ] d. Canada, Europe

[ ] e. None of the above

6. Countries must join the IMF to be eligible to join the World Bank.

[ ] a. True

[ ] b. False

7. The IMF is larger and has a more complex structure than the World Bank.

[ ] a. True

[ ] b. False

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