World Economy


  1. Which one of the following cities is identified as the hottest outsourcing destination in the world ?









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    Bengaluru or Bengalore is identified as the hottest outsourcing destination in the world. Bangalore continues to rule as India,s software hub, with its availability of skilled resources. The pleasant climate of Bangalore has also been a factor in Bangalore,s popularity.

    Correct Option: B

    Bengaluru or Bengalore is identified as the hottest outsourcing destination in the world. Bangalore continues to rule as India,s software hub, with its availability of skilled resources. The pleasant climate of Bangalore has also been a factor in Bangalore,s popularity.


  1. Which sister organisation of the World Bank helps private activity in developing countries by financing projects with long-term capital in the form of equity and loans ?









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    The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.

    Correct Option: C

    The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.



  1. The functions of the International Monetary Fund include all of the following except...









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    to serve as the world central bank.

    Correct Option: C

    to serve as the world central bank.


  1. MILA is a stock exchange not involving which of the following countries' stock exchanges?









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    The Mercado Integrado Latinoamericano, more commonly known as MILA, is a program that integrates the stock exchangemarkets of Chile, Colombia, Mexico, and Peru.

    Correct Option: D

    The Mercado Integrado Latinoamericano, more commonly known as MILA, is a program that integrates the stock exchangemarkets of Chile, Colombia, Mexico, and Peru.



  1. In which one of these countries do more than 80% say national economic conditions are good ?









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    China

    Correct Option: B

    China