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Read the following paragraph and answer the questions that follows:
The International Monetary Fund (IMF) is an international organisation that oversees those financial institutions and regulations that act at the international level. The IMF has 189 member countries (as on 12 April 2016) but they do not enjoy an equal say. The G-7 members US (16.52%), Japan (6.15%), Germany (5.32%), France (4.03%), UK (4.03%), Italy (3.02%) and Canada (2.22%) have 41.29% of the votes. China (6.09%), India (2.64%), Russia (2.59%) Brazil (2.22%) and Saudi Arabia (2.02%) are the other major members.
The World Bank was created during the Second World War in 1944. Its activities are focused on the developing countries. It works for human development (education, health), agriculture and rural development (irrigation, rural services), environmental protection (pollution reduction, establishing and enforcing regulations), infrastructure (roads, urban regeneration, and electricity) and governance (anti-corruption, development of legal institutions). It provides loans and grants to the member-countries. In this way, it exercises enormous influence on the economic policies of developing countries. It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.
Q. As per April 2016, how many members did IMF have?
  • a)
    187
  • b)
    189
  • c)
    188
  • d)
    190
Correct answer is option 'B'. Can you explain this answer?
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Read the following paragraph and answer the questions that follows:Th...
The IMF currently has 189 member countries, the Republic of Nauru having joined the Fund on 12 April 2016.
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IMF Membership Overview
The International Monetary Fund (IMF) is a key global financial institution that plays a significant role in the regulation and oversight of financial systems around the world. As of April 12, 2016, the IMF had a total of 189 member countries.
Understanding the Membership Count
- The membership count is a crucial statistic for understanding the IMF's global influence.
- The figure of 189 members indicates the broad international support and participation in the IMF framework.
- This number signifies the inclusion of various countries, from developed to developing nations, which reflects the IMF's mission to promote global economic stability.
Why Option 'B' is Correct
- The question specifically asks for the number of member countries as of April 2016.
- The paragraph explicitly states: "The IMF has 189 member countries (as on 12 April 2016)."
- This clear statement directly confirms that option 'B' (189) is the accurate answer.
Significance of IMF Membership
- Each member country has a share in the IMF, which affects its voting power and influence in decision-making.
- The diverse membership enhances the IMF's ability to address global economic issues collaboratively.
- Understanding the membership structure is essential for analyzing the IMF's role in international finance and economic policy-making.
In summary, the correct answer is option 'B' because the text clearly states the IMF had 189 member countries as of the specified date. This reflects the organization's global reach and impact on international financial systems.
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Read the following case and answer the questions that follows:International Organizations (IOs) are formal institutional structures transcending national boundaries which are created by multilateral agreement among nation-states. Their purpose is to foster international cooperation in areas such as: security, law, economic, social matters and diplomacy. IOs are subdivided between Intergovernmental Organizations (IGOs) and Non-Governmental Organizations (NGOs); Intergovernmental Organizations are entities created with sufficient organizational structure and autonomy to provide formal, ongoing, multilateral processes of decision making between states, along with the capacity to execute the collective of their member (states). NGOs are non-state voluntary organizations formed by individuals to achieve a common purpose, often oriented beyond themselves or to the public good. The development and expansion of these large representative bodies date back to the end of the World War II, where there was a need for world reconstruction through International Relations. Since then, there has been an incremental rise of organizations that work on different socio-political and economic aspects with various and specific aims in approaching states, societies, groups and individuals. Based on these key definitions, it is an attempt to explain how important are IOs and the extent to which they have an impact on global politics and international relations through an analysis of two main IR scholar theories namely Realism and Liberalism. Moreover, to understand the impact of IOs, these theories will be explored and analysed through contexts of different and conflicting realist and liberalists thinkers upon their view on these institutional structures. It will also distinguish and compare the two theories and determine which is more relevant to the contemporary world international relations.Q. What is the purpose of International Organisations?

Read the following case and answer the questions that follows:International Organizations (IOs) are formal institutional structures transcending national boundaries which are created by multilateral agreement among nation-states. Their purpose is to foster international cooperation in areas such as: security, law, economic, social matters and diplomacy. IOs are subdivided between Intergovernmental Organizations (IGOs) and Non-Governmental Organizations (NGOs); Intergovernmental Organizations are entities created with sufficient organizational structure and autonomy to provide formal, ongoing, multilateral processes of decision making between states, along with the capacity to execute the collective of their member (states). NGOs are non-state voluntary organizations formed by individuals to achieve a common purpose, often oriented beyond themselves or to the public good. The development and expansion of these large representative bodies date back to the end of the World War II, where there was a need for world reconstruction through International Relations. Since then, there has been an incremental rise of organizations that work on different socio-political and economic aspects with various and specific aims in approaching states, societies, groups and individuals. Based on these key definitions, it is an attempt to explain how important are IOs and the extent to which they have an impact on global politics and international relations through an analysis of two main IR scholar theories namely Realism and Liberalism. Moreover, to understand the impact of IOs, these theories will be explored and analysed through contexts of different and conflicting realist and liberalists thinkers upon their view on these institutional structures. It will also distinguish and compare the two theories and determine which is more relevant to the contemporary world international relations.Q. Where can we find the development and expansion of these organisations?

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Read the following paragraph and answer the questions that follows:The International Monetary Fund (IMF) is an international organisation that oversees those financial institutions and regulations that act at the international level. The IMF has 189 member countries (as on 12 April 2016) but they do not enjoy an equal say. The G-7 members US (16.52%), Japan (6.15%), Germany (5.32%), France (4.03%), UK (4.03%), Italy (3.02%) and Canada (2.22%) have 41.29% of the votes. China (6.09%), India (2.64%), Russia (2.59%) Brazil (2.22%) and Saudi Arabia (2.02%) are the other major members.The World Bank was created during the Second World War in 1944. Its activities are focused on the developing countries. It works for human development (education, health), agriculture and rural development (irrigation, rural services), environmental protection (pollution reduction, establishing and enforcing regulations), infrastructure (roads, urban regeneration, and electricity) and governance (anti-corruption, development of legal institutions). It provides loans and grants to the member-countries. In this way, it exercises enormous influence on the economic policies of developing countries. It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.Q. As per April 2016, how many members did IMF have?a)187b)189c)188d)190Correct answer is option 'B'. Can you explain this answer?
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Read the following paragraph and answer the questions that follows:The International Monetary Fund (IMF) is an international organisation that oversees those financial institutions and regulations that act at the international level. The IMF has 189 member countries (as on 12 April 2016) but they do not enjoy an equal say. The G-7 members US (16.52%), Japan (6.15%), Germany (5.32%), France (4.03%), UK (4.03%), Italy (3.02%) and Canada (2.22%) have 41.29% of the votes. China (6.09%), India (2.64%), Russia (2.59%) Brazil (2.22%) and Saudi Arabia (2.02%) are the other major members.The World Bank was created during the Second World War in 1944. Its activities are focused on the developing countries. It works for human development (education, health), agriculture and rural development (irrigation, rural services), environmental protection (pollution reduction, establishing and enforcing regulations), infrastructure (roads, urban regeneration, and electricity) and governance (anti-corruption, development of legal institutions). It provides loans and grants to the member-countries. In this way, it exercises enormous influence on the economic policies of developing countries. It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.Q. As per April 2016, how many members did IMF have?a)187b)189c)188d)190Correct answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Read the following paragraph and answer the questions that follows:The International Monetary Fund (IMF) is an international organisation that oversees those financial institutions and regulations that act at the international level. The IMF has 189 member countries (as on 12 April 2016) but they do not enjoy an equal say. The G-7 members US (16.52%), Japan (6.15%), Germany (5.32%), France (4.03%), UK (4.03%), Italy (3.02%) and Canada (2.22%) have 41.29% of the votes. China (6.09%), India (2.64%), Russia (2.59%) Brazil (2.22%) and Saudi Arabia (2.02%) are the other major members.The World Bank was created during the Second World War in 1944. Its activities are focused on the developing countries. It works for human development (education, health), agriculture and rural development (irrigation, rural services), environmental protection (pollution reduction, establishing and enforcing regulations), infrastructure (roads, urban regeneration, and electricity) and governance (anti-corruption, development of legal institutions). It provides loans and grants to the member-countries. In this way, it exercises enormous influence on the economic policies of developing countries. It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.Q. As per April 2016, how many members did IMF have?a)187b)189c)188d)190Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following paragraph and answer the questions that follows:The International Monetary Fund (IMF) is an international organisation that oversees those financial institutions and regulations that act at the international level. The IMF has 189 member countries (as on 12 April 2016) but they do not enjoy an equal say. The G-7 members US (16.52%), Japan (6.15%), Germany (5.32%), France (4.03%), UK (4.03%), Italy (3.02%) and Canada (2.22%) have 41.29% of the votes. China (6.09%), India (2.64%), Russia (2.59%) Brazil (2.22%) and Saudi Arabia (2.02%) are the other major members.The World Bank was created during the Second World War in 1944. Its activities are focused on the developing countries. It works for human development (education, health), agriculture and rural development (irrigation, rural services), environmental protection (pollution reduction, establishing and enforcing regulations), infrastructure (roads, urban regeneration, and electricity) and governance (anti-corruption, development of legal institutions). It provides loans and grants to the member-countries. In this way, it exercises enormous influence on the economic policies of developing countries. It is often criticised for setting the economic agenda of the poorer nations, attaching stringent conditions to its loans and forcing free market reforms.Q. As per April 2016, how many members did IMF have?a)187b)189c)188d)190Correct answer is option 'B'. Can you explain this answer?.
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