World Economy Gk Quiz Questions and Answers

13. Which of the following group of countries has formed the NAMA-11 of World Trade Organization?
  A.  Developed countries
  B.  Least developing countries
  C.  Developing countries
  D.  None of the above
Answer
Ans: C
Developing countries
14. Which one of the following is the act of stimulating the economy by increasing the money supply or by reducing taxes?
  A.  Reflation
  B.  Disinflation
  C.  Inertial inflation
  D.  Inflation hedge
Answer
Ans: A
Reflation
15. Which one of the following countries of the world has signed the first Comprehensive Economic Partnership Agreement with India?
  A.  Sri Lanka
  B.  Malaysia
  C.  Singapore
  D.  Mauritius
Answer
Ans: C
Singapore
16. The capital of IMF is generated by contribution of the
  A.  Member nations
  B.  Credit
  C.  Deficit financing
  D.  Borrowings
Answer
Ans: A
Member nations
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