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  9. Q76

JKPSC KAS 2024 · Question 76 of 100

"Quotas are the building blocks of the IMF's financial and governance structure. An individual member country's quota broadly reflects its relative position in the world economy". In the above context, which of the following parameters are used to calculate quota? i. GDP of the country ii. Degree of Openness iii. Demographic dividend iv. Economic variability v. International Reserves Choose the correct answer based on the code given below:

Indian Economy

  1. Aii, iii and v
  2. Bi, ii, iv and v onlyCorrect
  3. Ci, iii and v only
  4. Di, ii, iii and v only

Answer: B. i, ii, iv and v only

Explanation

The International Monetary Fund (IMF) uses quotas as fundamental components of its financial and governance structure. As the question states, a member country's quota is designed to broadly reflect its relative standing in the global economy.

Source: JKPSC KAS Prelims 2024 GS via prepp.in

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