Tag: history

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Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

What is the International Bank for Reconstruction and Development popularly known as?

  1. Deutsch Bank

  2. World Bank

  3. World Bank for Economic Reconstruction

  4. Bretton Woods system
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The International Bank for Reconstruction and Development (IBRD) is the primary institution of the World Bank Group, often referred to simply as the World Bank.

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

Which event led to the end of feudalism ? 

  1. Constantinople's fall

  2. First Religious War

  3. French Revolution

  4. American War of lndependence
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

On August 4, 1789, a body known as the National Assembly announced the end of feudalism in France. This stopped the Church from collecting taxes and most importantly, stopped the forced labor from the poor peasants. This also allowed positions in Church, government, and army to be open to all citizens of France.

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

Consider the following statements and choose the correct response from the options given thereafter :
Statement I : Traders and travellers introduced new crops to the land they travelled.
Statement II : Noodles most likely travelled from China through Arab traders to Sicily. 
Statement III : Potato reached the West through travellers and became the staple diet of the poor. 

  1. Statement I and statement III are true

  2. Statement II and statement III are true.

  3. All three statements are true.

  4. Statement I and statement II are true.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Statement I is true as trade facilitated crop exchange. Statement II is true regarding the historical path of noodles. Statement III is false because while potatoes became a staple, the claim about the specific 'West' travel path is historically debated or inaccurate in this context compared to I and II.

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

Which of the following issues was Bretton woods conference associated with?

  1. Post war economic system of US

  2. Establishment of World Bank

  3. Establishment of IMF

  4. Both (B) and (C)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The International Monetary Fund and the World Bank were both created at an international conference convened in Bretton Woods, New Hampshire, United States in July 1944. The goal of the conference was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy. While this goal remains central to both institutions, their work is constantly evolving in response to new economic developments and challenges.

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

Which of the following statements regarding International monetary system was incorrect ?

  1. Veto power regarding decision of IMF and World Bank can be exercised by US

  2. IMF was established to finance post war reconstruction

  3. World Bank is popular name of International Bank for Reconstruction and Development

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

The year 1947 was associated with which of the following major events in the world economic front?

  1. Establishment of IMF

  2. Establishment of world bank

  3. Starting of operation of IMF and World Bank

  4. Formation of G-77
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The IMF and the World Bank commenced financial operations in 1947. Decision-making in these institutions is controlled by the Western industrial powers. The US has an effective right of veto over key IMF and World Bank decisions. 

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

The Silk Route was taken by _________.

  1. West-bound Chinese silk cargoes

  2. East-bound Chinese silk cargoes

  3. North-bound Chinese silk cargoes

  4. South-bound Chinese silk cargoes
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The silk routes are a good example of vibrant pre-modern trade and cultural links between distant parts of the world. The name ‘silk routes’ points to the importance of West-bound Chinese silk cargoes along this route. Historians have identified several silk routes, over land and by sea, knitting together vast regions of Asia, and linking Asia with Europe and northern Africa. They are known to have existed since before the Christian Era and thrived almost till the fifteenth century. But Chinese pottery also travelled the same route, as did textiles and spices from India and Southeast Asia. In return, precious metals – gold and silver – flowed from Europe to Asia. 

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

Which of the following organizations was not set up during Bretton Woods conference ?

  1. International Monetary Fund

  2. International Bank for Reconstruction and Development

  3. World Bank

  4. American Express Bank
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Bretton Woods conference established the IMF and the IBRD (World Bank). American Express Bank is a private commercial bank and was not part of this intergovernmental agreement.

Multiple choice history the making of a global world causes of nazism feudalism in europe british exploitation of the indian economy

The British policy of free trade was designed to _______the British industrialists.

  1. promote

  2. fight

  3. remove

  4. none of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
British free trade came in the 1840s after a bitter political struggle to repeal the Corn Laws—a name given to a series of agricultural tariffs and quotas designed to keep farm prices high. This was quickly followed by rapid and dramatic reductions in duties on hundreds of imports.
By the 1850s, all but a handful of commodities were admitted to Britain free of all duties. Trade should mean just that: free trade, with all goods admitted without duties, quotas, or restrictions. That was not British policy. They removed most tariffs but mostly on items in which they had a comparative advantage. In other words, they mostly removed tariffs on items for which Britain had little to fear in terms of competition or which were of trivial importance in overall trade.
Thus, it promoted British industrialists.