CIMA Fundamentals of Business Economics BA1 Dumps in PDF

Free CIMA BA1 Real Questions (page: 17)

Which global financial institution is responsible for providing stabilization funding to assist developed and developing countries with short term borrowing needs and needs for foreign currency?

  1. The IMF
  2. The World Bank
  3. The World Trade Organization
  4. The G20

Answer(s): A



Which global financial institution is responsible for making long term loans to assist developing countries to invest and develop?

  1. The IMF
  2. The World Bank
  3. The World Trade Organization
  4. The G20

Answer(s): B



Which global institution is concerned with enforcing the GATT?

  1. The IMF
  2. The World Bank
  3. The World Trade Organization
  4. The G20

Answer(s): C



Which global institution is concerned with co-coordinating economic policies and agreeing banking and financial regulations?

  1. The IMF
  2. The World Bank
  3. The World Trade Organization
  4. The G20

Answer(s): D



Oxfam is a charity established to provide aid to the poor.
Which ONE of the following statements about Oxfam is FALSE?

  1. It is a private sector organization
  2. It pursues social goals
  3. It is a not-for-profit organization
  4. It is responsible to its shareholders

Answer(s): D



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