Madhya Pradesh SET Unit 5: International Relations
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1. With reference to the International Monetary Fund consider the following statements : (Madhya Pradesh SET 2022)
(i) It was established 1944.
(ii) To promote International trade and economic progress of member states.
(iii) It consists of one board of Governors, which is working as general assembly.
Which of the above statements are correct:
The International Monetary Fund (IMF) has a Board of Governors, which functions as the highest decision-making body of the institution. This board can be seen as analogous to a general assembly in that it comprises representatives from all member countries. Typically, each member state is represented by its finance minister or the head of its central bank.
The Board of Governors meets once a year, during the IMF and World Bank Annual Meetings, to make major decisions on the policies of the IMF. Although it holds significant power, most of the routine decisions and operations are delegated to the Executive Board, which meets regularly and is responsible for the day-to-day work of the IMF.
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2. How many member states are in European Union at present? (Madhya Pradesh SET 2022)
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3. Choose from the following the book written by the Neo-realist Kenneth Waltz : (Madhya Pradesh SET 2022)
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4. Who among the following is not the supporter of the Realistic Approach? (Madhya Pradesh SET 2022)
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