UPSC Prelims PYQs – Financial Institutions (World Affairs)

1. Consider the following:

1. Asian Infrastructure Investment Bank
2. Missile Technology Control Regime
3. Shanghai Cooperation Organisation

India is a member of which of the above?

[UPSC Civil Services Exam – 2022 Prelims]

2. “Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following?

[UPSC Civil Services Exam – 2022 Prelims]

3. With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements:

1. AIIB has more than 80 member nations.
2. India is the largest shareholder in AIIB.
3. AIIB does not have any members from outside Asia.

Which of the statements given above is/are correct?

[UPSC Civil Services Exam – 2019 Prelims]

4. The Global Infrastructure Facility is a/an [UPSC CSE – 2017 Prelims]

5. ‘European Stability Mechanism’, sometimes seen in the’ news, is an [UPSC CSE – 2016 Prelims]

6. With reference to ‘IFC Masala Bonds’, sometimes seen in the news, which of the statements given below is/are correct?

1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector,

Select the correct answer using the code given below. [UPSC CSE – 2016 Prelims]

7. Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR? [UPSC CSE – 2016 Prelims]

8. With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:

1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in IMFC’s meetings.

Which of the statements given above is/are correct? [UPSC CSE – 2016 Prelims]

9. Consider the following statements:

1. New Development Bank has been set up by APEC.
2. The headquarters of New Development Bank is in Shanghai.

Which of the statements given above is/are correct? [UPSC CSE – 2016 Prelims]

10. The ‘Fortaleza Declaration’, recently in the news, is related to the affairs of [UPSC CSE – 2015 Prelims]

11. ‘BioCarbon Fund Initiative for Sustainable Forest Landscapes’ is managed by the [UPSC CSE – 2015 Prelims]