Do You Know World Bank?

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| By Jaksiboy
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Jaksiboy
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Quizzes Created: 832 | Total Attempts: 12,222,435
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  • 1/10 Questions

    What is the full meaning of IDA?

    • Internal Development Association
    • Intellects Developing Association
    • International Development Association
    • Intellects Developers' Association
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About This Quiz

World bank is like the biggest financial institution in the world. I am sure you must have heard of world bank before. Come on try this quiz to check how well you know world bank.

Do You Know World Bank? - Quiz

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  • 2. 
    Where is the headquarter of world bank located? - ProProfs

    Where is the headquarter of world bank located?

    • New York

    • Tokyo

    • Washington DC

    • Berlin

    Correct Answer
    A. Washington DC
    Explanation
    The headquarters of the World Bank is located in Washington DC.

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  • 3. 
    When was World bank established? - ProProfs

    When was World bank established?

    • 1940

    • 1945

    • 1960

    • 1930

    Correct Answer
    A. 1945
    Explanation
    The World Bank was established in 1945. This international financial institution was created to provide loans and financial assistance to developing countries for development projects. The establishment of the World Bank aimed to promote economic growth, reduce poverty, and improve living standards in these countries.

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  • 4. 
    What is the full meaning of IBRD? - ProProfs

    What is the full meaning of IBRD?

    • International Bank for Reformation and Development

    • Internal Bank for Reconstruction and Development

    • International Bank for Reconstruction and Development

    • International Bank for Retribution and Development

    Correct Answer
    A. International Bank for Reconstruction and Development
    Explanation
    The correct answer is "International Bank for Reconstruction and Development." IBRD is an international financial institution that provides loans and financial assistance to middle-income and creditworthy low-income countries for development projects. It aims to reduce poverty and promote sustainable development by supporting infrastructure projects, improving education and healthcare, and promoting economic growth in member countries.

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  • 5. 
    The name of the current president of world bank? - ProProfs

    The name of the current president of world bank?

    • Charles link

    • Jim Yong Kim

    • Mitchel Phils

    • Dorothy Sleek

    Correct Answer
    A. Jim Yong Kim
    Explanation
    Jim Yong Kim is the correct answer because he was the president of the World Bank from 2012 to 2019. He is a Korean-American physician and anthropologist who has made significant contributions in the field of global health. During his tenure, Kim focused on issues such as poverty reduction, climate change, and sustainable development. He also emphasized the importance of investing in human capital and promoting gender equality. Kim's leadership and expertise have played a crucial role in shaping the World Bank's agenda and initiatives during his presidency.

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  • 6. 
    The name of the first president of World bank? - ProProfs

    The name of the first president of World bank?

    • George Woods

    • Eugene Meyer

    • John J. McCloy

    • Jim Yong Kim

    Correct Answer
    A. Eugene Meyer
    Explanation
    Eugene Meyer is the correct answer because he was the first president of the World Bank. He served as president from 1946 to 1949 and played a crucial role in establishing the institution and shaping its early policies. Meyer was a prominent American businessman and newspaper publisher who was appointed by President Harry Truman to lead the World Bank, then known as the International Bank for Reconstruction and Development (IBRD). His leadership and vision laid the foundation for the World Bank's mission of promoting global economic development and reducing poverty.

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  • 7. 
    The current president took over power in what year? - ProProfs

    The current president took over power in what year?

    • 2010

    • 2012

    • 2014

    • 2015

    Correct Answer
    A. 2012
    Explanation
    The current president took over power in 2012.

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  • 8. 
    World bank comprises of how many institutions? - ProProfs

    World bank comprises of how many institutions?

    • None

    • 2

    • 3

    • 4

    Correct Answer
    A. 2
    Explanation
    The World Bank comprises of two institutions, namely the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The IBRD focuses on providing loans and financial assistance to middle-income and creditworthy low-income countries, while the IDA provides grants and low-interest loans to the world's poorest countries. These two institutions work together to promote sustainable economic development and reduce poverty worldwide.

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  • 9. 
    The name of the president that handed over to the current president is - ProProfs

    The name of the president that handed over to the current president is

    • Jim Yong Kim

    • Robert Zoellick

    • Paul Wolfowitz

    • Sir James Wolfensohn

    Correct Answer
    A. Robert Zoellick
    Explanation
    Robert Zoellick is the correct answer because he was the president of the World Bank from 2007 to 2012, and he handed over the position to the current president. Jim Yong Kim succeeded Robert Zoellick as the president of the World Bank in 2012. Paul Wolfowitz was the president of the World Bank prior to Robert Zoellick, and Sir James Wolfensohn served as the president before Paul Wolfowitz.

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  • 10. 
    World bank is same as IMF - ProProfs

    World bank is same as IMF

    • True

    • False

    • I don't know

    • Not sure

    Correct Answer
    A. True
    Explanation
    The statement is true because the World Bank and the International Monetary Fund (IMF) are two separate international organizations that work closely together. Both institutions were created at the Bretton Woods Conference in 1944 and have similar goals of promoting global economic stability and development. However, they have different functions and roles. The World Bank focuses on providing financial and technical assistance to developing countries for development projects, while the IMF primarily provides loans and policy advice to member countries facing balance of payment problems.

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  • Current Version
  • Mar 22, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jan 16, 2018
    Quiz Created by
    Jaksiboy
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