General Knowledge Quiz 219


1. The International Finance Corporation (IFC) was established in?
[a] 1956
[b] 1972
[c] 1985
[d] 1960

2. Where is the headquarters of Asian Development Bank (ADB) situated?
[a] Manila
[b] Delhi
[c] Bangkok
[d] Hong Kong

3. Which sister organization of the World Bank helps private activity in developing countries by financing projects with long-term capital in the form of equity and loans?
[a] Asian Development Bank
[b] IMF
[c] International Developmental Association
[d] International Finance Corporation

4. Who is known as the ‘Father of Economics’?
[a] Adam Smith
[b] Chanakya
[c] Machiavelli
[d] None of these

5. Which was the first Indian Bank to introduce credit card?
[a] IDBI
[c] State Bank of India
[d] Central Bank of India

6. When did India become a member of the IMF?
[a] 1947
[b] 1956
[c] 1960
[d] 1951

7. Euro is the currency of European Union. When did it come into being?
[a] 1999
[b] 1995
[c] 2000
[d] 2001

8. When did the Foreign Exchange Regulation Act (FERA) come into being?
[a] 1973
[b] 1975
[c] 1980
[d] 1981

9. When did Regional Rural Banks start functioning in India?
[a] 1975
[b] 1947
[c] 1956
[d] 1960

10. In India, income tax is levied by
[a] Union Government
[b] State Governments
[c] Ministry of Finance
[d] RBI

1. 1956
2. Manila
3. International Finance Corporation
4. Adam Smith
5. Central Bank of India
6. 1947
7. 1999
8. 1973
9. 1975
10. Union Government