World Bank – MCQs
Practice Questions for Competitive Exams
Practice these MCQs to strengthen your understanding of World Bank concepts.
MCQs Practice
1. When was the World Bank established?
- A) 1944
- B) 1950
- C) 1995
- D) 2000
Answer: A) 1944
2. The World Bank was established at which conference?
- A) Paris Conference
- B) Bretton Woods Conference
- C) Geneva Summit
- D) London Agreement
Answer: B) Bretton Woods Conference
3. Where is the headquarters of the World Bank located?
- A) Geneva
- B) New York
- C) Washington D.C.
- D) London
Answer: C) Washington D.C.
4. IBRD provides loans to:
- A) Poor countries
- B) Middle-income countries
- C) Developed countries
- D) Small countries
Answer: B) Middle-income countries
5. IDA mainly supports:
- A) Rich countries
- B) Middle-income countries
- C) Poor countries
- D) Developed countries
Answer: C) Poor countries
Assertion & Reason
6. Assertion (A): World Bank helps in poverty reduction.
Reason (R): It provides loans for development projects.
- A) Both A and R are correct
- B) Both are wrong
- C) A is correct, R is wrong
- D) A is wrong, R is correct
Answer: A
Quick Revision
- World Bank → 1944
- Bretton Woods → Origin
- Washington D.C. → Headquarters
- IBRD → Middle-income countries
- IDA → Poor countries
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