World Bank – Revision Test

Practice and Self-Evaluation

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Test your understanding of World Bank concepts through the following questions.

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Quick Revision

• World Bank → Established in 1944
• Bretton Woods → Origin
• Headquarters → Washington D.C.
• IBRD → Middle-income countries
• IDA → Poor countries

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Self-Test Questions

1. World Bank was established in which year?

• A) 1944
• B) 1950
• C) 1995
• D) 2000

2. World Bank was formed during which conference?

• A) Geneva Conference
• B) Bretton Woods Conference
• C) Paris Summit
• D) London Meeting

3. IBRD provides loans to:

• A) Poor countries
• B) Middle-income countries
• C) Developed countries
• D) Small countries

4. IDA mainly supports:

• A) Rich countries
• B) Middle-income countries
• C) Poor countries
• D) Developed countries

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Answers

• 1 → A
• 2 → B
• 3 → B
• 4 → C

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Mains Practice

1. Discuss the role of the World Bank in economic development.

2. Examine the challenges faced by the World Bank in modern global economy.

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Study Tips

• Revise key facts regularly
• Understand concepts clearly
• Practice MCQs daily
• Focus on application-based questions

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