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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. When was the inception of World Bank?
  • a)
    1949
  • b)
    1950
  • c)
    1944
  • d)
    1952
Correct answer is option 'C'. Can you explain this answer?
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Read the following paragraph and answer the questions that follows:Th...
Founded in 1944, the International Bank for Reconstruction and Development— soon called the World Bank—has expanded to a closely associated group of five development institutions. Originally, its loans helped rebuild countries devastated by World War II.
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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. When was the inception of World Bank?a)1949b)1950c)1944d)1952Correct answer is option 'C'. 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. When was the inception of World Bank?a)1949b)1950c)1944d)1952Correct answer is option 'C'. 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. When was the inception of World Bank?a)1949b)1950c)1944d)1952Correct answer is option 'C'. 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. When was the inception of World Bank?a)1949b)1950c)1944d)1952Correct answer is option 'C'. Can you explain this answer?.
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