IMF
What is the main purpose of the IMF?
To ensure global financial stability
In which year was the World Bank founded?
1944
What is the main goal of the WTO?
To regulate international trade
In which year was the ILO founded?
1919
When UN established?
24 October 1945
In which year was the IMF created?
1944
What is the World Bank’s main goal?
To reduce poverty through development loans
In which year did the WTO officially begin operations?
1995
In which city is the ILO headquartered?
Geneva
Firstly, main of UN was to maintain peace, protect human rights, promote development, uphold international law. Then it has been changed. And what is its main goal after this change?
development, climate action, and humanitarian relief
What is the Rapid Financing Instrument or RFI?
The IMF lending facility used for emergency support during natural disasters or pandemics
The World Bank Group consists of five institutions. What are the names of them?
IBRD, IFC, IDA, ICSID, MIGA
What is the highest decision-making body of the WTO?
Ministerial Conference
The ILO’s governing body is tripartite. Which three groups are represented?
Governments, employers, workers
What is the main deliberative and representative body of
the UN?
General Assembly
What was the problem of Gold Standards?
it provided stability but lacked flexibility
Which of the World Bank’s institutions provides interest-free loans to the poorest countries?
IDA – International Development Association
What was the predecessor organization to the WTO?
GATT – General Agreement on Tariffs and Trade
What is the name of the ILO’s annual report on global wages?
Global Wage Report
What is the judicial organ of UN that settles disputes between states and gives advisory opinions?
ICJ
What is the Extended Fund Facility or EFF?
The IMF lending arrangement that supports long-term structural reforms, not just short-term stabilization
What is the name of the World Bank’s private sector lending arm?
IFC – International Finance Corporation
The main three defense measures of WTO?
Anti-dumping duties, countervailing duties, safeguard measures
In which system USD pegged to gold?
Bretton Woods System (1944-1971)
How many votes required to make decisions and how many of them from permanent members?
9 votes, no veto from P5