The World Bank classifies countries into four groups. This classification is based upon:

Related Mcqs:

1. Suppose the State Bank purchases a Rs 1,000 government bond from you. If you deposit the entire Rs 1,000 in you bank what is the total potential change in the money supply as a result of the State Bank’s action if the your bank’s reserve ratio is 20 percent ?

   A. Rs 4,000 B. Rs 5,000 C. Rs 1,000 D. Rs 0...

2. The World Bank’s GNP per capita classification for low income middle income and high income countries respectively is ?

   A. less than $900, $900-$9000 and more than $9000 B. less than $5000, $5000-$15000 and more than $15000 C. less than $100, $100-$1000 and more than $1000 D. less than $5000, $5000-$150000 and more than $150000...

3. One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?

   A. NIC, OPEC and G7 B. Low income , middle income and high income C. Southeast Northeast and Southwest D. Asia, America and Europe...

4. An export quota agreement to stabilize the price of bauxite tends to be more successful when the member producer countries as a percentage of the world’s producer countries is __________ and the _________ it is for the member producer countries to store/stock pile bauxite?

   A. relatively small; more difficult B. relatively small; easier C. relatively large; more difficult D. relatively large; easier...

5. Based on the 2010 population survey four of the five most populous countries include ?

   A. Russia, Pakistan Bangladesh and Nigeria B. China, India, Indonesia, and Brazil C. Russia, China, India, and South Africa D. China, Russia, Mexico, and Indonesia...

6. A wage differential among groups may not by itself be evidence of discrimination in the labour market because different groups have ?

   A. different preferences for the type of work they are willing to do B. different levels of job experience C. all of these answers are correct D. different levels of education...

7. Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?

   A. Indonesia’s Badan Kredit Kecamatan (BKK) B. the Association for Development of Microenterprice C. Bangladesh’s Grameen Bank D. the Enterprice credit program in Kolkata...

8. Reserve requirements that may be imposed on an economy’s banks by its central bank specify that banks by its central bank specify that banks reserve must be a minimum percentage of them ?

   A. assets B. deposits C. loans D. government bonds...

9. Suppose the central bank purchases a government bond from a person who deposits the entire amount received from the sale in her bank the money supply will ?

   A. rise by an amount that depends on the bank’s reserve ratio B. rise by less than the amount of the deposit C. fall by exactly the amount of the deposit as long as the bank does not change its reserve ratio D. fall by exactly the amount of the deposit as long as the...

10. A checking deposit in a bank in considered _________ of that bank?

    A. an asset B. capital C. net worth D. a liability...