MCQ World Bank Establishes Fund to Support Ukraine’s Recovery Questions with Answers

1. What is the primary purpose of the World Bank’s Financial Intermediary Fund (FIF)?

1. To rebuild European infrastructure
2. To support climate change initiatives
3. To help Ukraine with military and humanitarian needs
4. To promote global trade relations

2. Which of the following countries was opposed to the creation of the FIF?

1. United States
2. Japan
3. Canada
4. Russia

3. How much money did the G7 pledge to contribute to Ukraine by the end of the year?

1. $35 billion
2. $80 billion
3. $50 billion
4. $90 billion

4. How much has the European Union committed to support the G7’s funding efforts?

1. €50 billion
2. €35 billion
3. €40 billion
4. €45 billion

5. What is the estimated cost of the war for Ukraine in 2023?

1. $50-60 billion
2. $60-70 billion
3. $70-80 billion
4. $80-90 billion

6. When was the World Bank founded?

1. 1945
2. 1944
3. 1946
4. 1943

7. Where is the World Bank headquarters located?

1. New York
2. London
3. Washington, D.C.
4. Brussels

8. Which leaders were involved in discussions about the fund’s creation?

1. Macron and Scholz
2. Biden and Scholz
3. Trudeau and Biden
4. Scholz and Sunak

9. Who is the current President of the World Bank mentioned in the text?

1. Jim Yong Kim
2. David Malpass
3. Ajay Banga
4. Robert Zoellick

10. What additional source of funding will contribute to the FIF?

1. Private donations
2. Corporate investments
3. Frozen Russian assets
4. International loans

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11. How many institutions make up the World Bank?

1. Three
2. Four
3. Five
4. Six

12. Which of these is one of the most important institutions of the World Bank?

1. World Trade Organization
2. International Bank for Reconstruction and Development
3. International Monetary Fund
4. European Central Bank

13. What was the original purpose of the World Bank?

1. To prevent future wars
2. To help rebuild after World War II
3. To promote international trade
4. To reduce global poverty

14. What type of support does the World Bank typically provide to countries?

1. Military aid only
2. Humanitarian aid only
3. Technical assistance only
4. Loans and grants

15. How many countries does the World Bank support with projects?

1. 50 countries
2. 75 countries
3. Over 100 countries
4. 200 countries

16. What is one way the World Bank funds its operations?

1. Cryptocurrency trading
2. Issuing bonds
3. Private donations
4. Corporate sponsorships

17. Which area is NOT mentioned as a focus of World Bank projects?

1. Education
2. Healthcare
3. Space exploration
4. Gender equality

18. What is one goal of making the fund international?

1. To increase competition
2. To encourage global participation
3. To reduce European influence
4. To minimize administrative costs

19. Which organization is responsible for managing the FIF?

1. United Nations
2. European Union
3. World Bank
4. NATO

20. What experience does the World Bank have that makes it suitable for managing this fund?

1. Military operations
2. Managing non-military donor funds
3. Peacekeeping missions
4. Combat training

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21. What is one of the World Bank’s main focuses according to the text?

1. Military development
2. Reducing poverty
3. Space exploration
4. Athletic development

22. Which institution is mentioned as part of the World Bank group?

1. International Development Association
2. World Trade Organization
3. International Monetary Fund
4. European Investment Bank

23. What aspect of the fund’s creation shows international cooperation?

1. Regional competition
2. Individual country initiatives
3. Diplomatic discussions between leaders
4. Corporate partnerships

24. What is mentioned as a key focus area for World Bank projects?

1. Space research
2. Military development
3. Climate initiatives
4. Entertainment industry

25. How was the decision to create the FIF made?

1. Public referendum
2. World Bank executive board approval
3. United Nations vote
4. NATO decision

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