• 1.  What was the outcome of Bretton Woods Conference? It led to the establishment of:

  • ILO (International Labour Organisation)
  • International Monetary Fund
  • UNESCO, 1945
  • FAO, 1945
  • 2.  Why did China become an attractive destination for Multi-National Companies?

  • It had abundance of raw material.
  • China was highly industrialised.
  • Because wages were low in China.
  • It had vast and thinly populated land suitable for setting up production units, etc.
  • 3.  From the mid-19th century, faster industrial growth in Britain led to:

  • higher income.
  • unemployment in rural Britain.
  • migration of people to Britain.
  • the arrival of women industrial workers.
  • 4.  Which of the following countries has an effective right of veto over key IMF and World Bank decisions?

  • France
  • Australia
  • Russia
  • USA
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