Tag: institutes supporting business

Questions Related to institutes supporting business

The term 'ISO' stands for ______________.

  1. International Organisation for Standardisation

  2. International Standardisation for Organisation

  3. Indian Standard Organisation

  4. International Standards for Organisations


Correct Option: A

The world bank provides resources for __________.

  1. education

  2. sanitation

  3. health care

  4. all of the above


Correct Option: D
Explanation:

The world bank provides resources for education, sanitation, health care in the nations that lack such resources.

World bank is also known as __________.

  1. GATT

  2. WTO

  3. ITO

  4. IBRD


Correct Option: D
Explanation:

The world bank is also known as International Bank for Reconstruction and Development (IBRD).

The world bank was set  up for the reconstruction of war-effected economies of Europe.

  1. True

  2. False


Correct Option: A
Explanation:

The World Bank was created at the 1944 Bretton Woods Conference along with the International Monetary Funds (IMF). The intention behind the founding of the World Bank was to provide temporary loans to low-income countries and reconstruction of war-effected economies of Europe.

The world bank diverted their resources to _______  & ________ for the underdeveloped nations.

  1. infrastructure, finance

  2. industrial, agriculture

  3. import, export

  4. neither of the above


Correct Option: B
Explanation:

The world bank diverted their resources to industrial and agricultural help for the underdeveloped nations. Industrial and agricultural situations are the primary base to the development of an underdeveloped nation.

The headquarters of the World bank is in __________.

  1. Switzerland

  2. Washington D.C

  3. Berlin

  4. London


Correct Option: B
Explanation:

The headquarters of the World bank is in Washington D.C