World Economy Quiz
Q1. Where the headquarters of International Monetary Fund located
(A) New York
(B) Washington
(C) Geneva
(D) London
Answer: (B) Washington
Q2. A Recession is negative economic growth for ___________ consecutive quarters
(A) Two
(B) Three
(C) Four
(D) Six
Answer: (A) Two
Q3. Which country is the biggest exporter in the world
(A) USA
(B) Germany
(C) Japan
(D) China
Answer: (D) China
Q4. Which country has first ever printed paper money
(A) USA
(B) China
(C) India
(D) Egypt
Answer: (B) China
Q5. Which is the World first stock exchange
(A) New York
(B) Amsterdam
(C) Antwerp, Belgium
(D) Hamburg, Germany
Answer: (C) Antwerp, Belgium
Q6. The currency of Japan is known as
(A) Dollar
(B) Yen
(C) Renminbi
(D) Ringgit
Answer: (B) Yen
Q7. Total number of countries that officially used Euro as currency
(A) 15
(B) 16
(C) 18
(D) 28
Answer: (C) 18
Q8. Total number of members in ASEAN (Association of Southeast Asian Nations), an economic organization is
(A) 10
(B) 12
(C) 15
(D) 20
Answer: (A) 10
Q9. The annual winter meeting of World Economic Forum held every year in
(A) Davos
(B) Cologny
(C) Geneva
(D) Ohio
Answer: (A) Davos
Q10. World Bank was established in the year
(A) 1932
(B) 1938
(C) 1944
(D) 1946
Answer: (C) 1944
Q11. GDP stands for
(A) Gross Development Price
(B) Gross Domestic Product
(C) Growth Developed Price
None of the above
Answer: (B) Gross Domestic Product
Q12. Who first developed the concept of GDP
(A) Richard Easterlin
(B) Wassily Leontief
(C) Milton Friedman
(D) Simon Kuznets
Answer: (D) Simon Kuznets
Q13. World Trade Organization (WTO) starts functioning from the year
(A) 1993
(B) 1995
(C) 1997
(D) 2000
Answer: (B) 1995
Q14. World Trade Organization Ministerial Conference of 2001 was held in
(A) Cancun
(B) Paris
(C) Geneva
(D) Doha
Answer: (D) Doha
Q15. Ruble is the currency of
(A) Japan
(B) Russia
(C) Malaysia
(D) South Africa
Answer: (B) Russia
Practice Test Exam