World Economy & Finance
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Q1.MIGA, part of the World Bank Group, primarily provides what?
Hard
A
Investment guarantees
B
Agricultural loans
C
Currency printing
D
Trade tariffs
Financial Institutions CSS
Correct Answer: A
MIGA provides political risk insurance and guarantees to investors.
Q2.The International Finance Corporation is a member of which group?
Medium
A
World Bank Group
B
United Nations Secretariat
C
IMF Executive Board
D
WTO
Financial Institutions PPSC
Correct Answer: A
The IFC is the private-sector arm of the World Bank Group.
Q3.Which institution is known as the lender of last resort in a national economy?
Medium
A
The central bank
B
The stock exchange
C
The treasury
D
Commercial banks
Financial Institutions FPSC
Correct Answer: A
The central bank acts as lender of last resort to the banking system.