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1.  
Arrange chronologically: WTO, IFC, SAARC, FATF, ADB.

Correct Answer: B [IFC → ADB → SAARC → FATF → WTO]

Explanation:

1956 → 1966 → 1985 → 1989 → 1995.

2.  
Which pair is INCORRECTLY matched?

Correct Answer: C [AIIB – Shanghai]

Explanation:

AIIB – Beijing; Shanghai is NDB.

3.  
Using World Bank membership data (read 14 Oct 2026), IFC has how many more members than ICSID?

Correct Answer: D [27]

Explanation:

186 − 159 = 27.

4.  
Match the institution with its year:
(i) IFC (ii) IDA (iii) MIGA (iv) BIS
(p) 1988 (q) 1930 (r) 1960 (s) 1956

Correct Answer: A [i-s, ii-r, iii-p, iv-q]

Explanation:

56-60-88; BIS 1930.

5.  
How many are correct? (a) BIS – Basel. (b) FSB – set up in 2009. (c) FATF has 40 members. (d) WTO – Basel.

Correct Answer: B [3]

Explanation:

(a), (b), (c) true; WTO – Geneva.

6.  
How many countries are members of both ASEAN and SAARC (as read on 14 Oct 2026)?

Correct Answer: E [None]

Explanation:

ASEAN 11 and SAARC 8 have no common member.

7.  
Reverse question: set up in 1930, based in Basel, members are 63 central banks. It is:

Correct Answer: D [BIS]

Explanation:

Bank for International Settlements.

8.  
Odd one out (by headquarters city):

Correct Answer: B [WTO]

Explanation:

WTO – Geneva; the others – Washington, D.C.

9.  
Which country's admission is listed under 2024 on the NDB history page?

Correct Answer: A [Algeria]

Explanation:

History page: 2021 Bangladesh, Egypt, UAE, Uruguay; 2024 Algeria; 2025 Uzbekistan, Colombia, Ethiopia.

10.  
ASEAN's founding members (1967) were:

Correct Answer: E [Indonesia, Malaysia, Philippines, Singapore, Thailand]

Explanation:

Indonesia, Malaysia, Philippines, Singapore, Thailand.

11.  
The WTO replaced the GATT of 1947. How many years did the GATT system run before the WTO began (1947 to 1995)?

Correct Answer: C [48]

Explanation:

1995 − 1947 = 48.

12.  
A rupee-denominated bond issued outside India is called a:

Correct Answer: A [Masala bond]

Explanation:

Masala bond – currency risk on the foreign investor.

13.  
India accepted the IMF's Article VIII obligations (current account convertibility) in:

Correct Answer: D [1994]

Explanation:

1994 – free convertibility for current transactions.

14.  
Which pair is correctly matched by purpose?

Correct Answer: B [MIGA – political-risk insurance]

Explanation:

MIGA insures investors; IFC – private sector; Basel Committee – Basel III; WTO – trade disputes.

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