The World Bank's 'Multilateral Investment Guarantee Agency (MIGA)' provides: MCQ with Answer and Explanation

The World Bank's 'Multilateral Investment Guarantee Agency (MIGA)' provides:
A. Grants for education
B. Political risk insurance for investments
C. Direct loans to farmers
D. Trade financing
Answer: Option B
Solution (By JKExamLibrary)
MIGA promotes foreign direct investment by offering insurance against political risks.

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Practice More International Organizations Questions

Question #1 Report Error
Which organization focuses on international trade, development, and investment?
A. UNCTAD
B. World Bank
C. IMF
D. WTO

Correct Answer: Option A


Explanation:
UNCTAD is the principal organ of the UN General Assembly dealing with trade, investment, and development issues.

Question #2 Report Error
Which organization was replaced by the WTO?
A. League of Nations
B. UN
C. GATT
D. Bretton Woods System

Correct Answer: Option C


Explanation:
The WTO replaced the General Agreement on Tariffs and Trade (GATT).

Question #3 Report Error
Which country currently holds the chair of the 'Group of 77' (G77) at the UN?
A. USA
B. Varies annually
C. Japan
D. Germany

Correct Answer: Option B


Explanation:
The G77 chair rotates annually among member states from Africa, Asia-Pacific, and Latin America/Caribbean.