World Economy General knowledge Questions

17. A common currency for the members of the Common Market in Europe is known as
  A.  Dollar
  B.  Franc
  C.  INR
  D.  Eurodollar
Answer
Ans: D
Eurodollar
18. WTO came into existence at the conclusion of which round of GATT?
  A.  Singapore
  B.  Uruguay
  C.  Marrakesh
  D.  Tokyo
Answer
Ans: C
Marrakesh
19. Which one of the following countries is the first borrower of fund from the International Monetary Fund?
  A.  United States
  B.  Spain
  C.  France
  D.  India
Answer
Ans: C
France
20. Which one of the following International Institutions has offered the concessional loans and grants to the world's poorest developing countries?
  A.  WB
  B.  IMF
  C.  IFC
  D.  IDA
Answer
Ans: D
IDA
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