If you are preparing for the government exam in the banking sector. You must prepare banking-related questions, such as finance and its functions, the head office, and many more. Today, we have come to provide the most relevant and significant topics that are covered by the Institute of International Finance (IIF).
This organization is the most important related to the government exam, such as the SBI, PO, Clerk, RRB Bank, IBPS, Insurance and many more. The Institute of International Finance (IIF) is one of the most popular and famous places in the world. This organization manages the international level finance, which means a global level finance management company.
Institute of International Finance (IIF) GK Quiz
IIFGK Quiz
What does “IIF” stand for?
a) International Insurance Fund
b) International Investment Fund
c) Institute of International Finance
d) International Industry Federation
Answer: c) Institute of International Finance
In which year was the IIF established?
a) 1980
b) 1983
c) 1990
d) 1995
Answer: b) 1983
Why was the IIF created?
a) To support global trade
b) To address the international debt crisis
c) To help with economic recovery after WWII
d) To promote tourism
Answer: b) To address the international debt crisis
Where is the headquarters of the IIF located?
a) New York City, USA
b) London, UK
c) Washington, D.C., USA
d) Frankfurt, Germany
Answer: c) Washington, D.C., USA
Who is the President and CEO of the IIF?
a) Janet Yellen
b) Timothy D. Adams
c) Christine Lagarde
d) David Malpass
Answer: b) Timothy D. Adams
What is the mission of the IIF?
a) To advocate for commercial banks only
b) To support global financial stability and sustainable growth
c) To establish new global financial markets
d) To regulate financial institutions worldwide
Answer: b) To support global financial stability and sustainable growth
What types of institutions make up IIF membership?
a) Only commercial banks
b) Investment funds and sovereign wealth funds
c) Commercial and investment banks, asset managers, insurance companies, and exchanges
d) Governments and global organisations
Answer: c) Commercial and investment banks, asset managers, insurance companies, and exchanges
How many member firms does the IIF represent?
a) 200
b) 300
c) 400
d) 500
Answer: c) 400
From how many countries do IIF members come?
a) 40
b) 50
c) 60
d) 70
Answer: c) 60
What are the main areas the IIF focuses on?
a) Corporate finance and private equity
b) Sustainable finance, digital finance, risk and regulation, and debt issues
c) Real estate and construction financing
d) Human rights and global health initiatives
Answer: b) Sustainable finance, digital finance, risk and regulation, and debt issues
Name one type of activity the IIF provides to its members.
a) Business loans
b) Events, webinars, roundtables, workshops, podcasts, or research reports
c) Government grants
d) Online trading platforms
Answer: b) Events, webinars, roundtables, workshops, podcasts, or research reports
Which body leads the IIF’s governance structure?
a) Board of Directors
b) Executive Committee
c) Advisory Board
d) Members’ Council
Answer: a) Board of Directors
Does the IIF have offices outside Washington, D.C.?
a) Yes, in Beijing, Singapore, Dubai, and Brussels
b) No
c) Yes, but only in London
d) Yes, but only in New York
Answer: a) Yes, in Beijing, Singapore, Dubai, and Brussels
What crisis influenced the formation of the IIF?
a) The global financial crisis of 2008
b) The international debt crisis of the early 1980s
c) The Asian financial crisis of 1997
d) The COVID-19 pandemic
Answer: b) The international debt crisis of the early 1980s
What role does the IIF play in financial policy discussions?
a) It is responsible for regulating financial institutions
b) It advocates for regulatory and economic policies in the broad interests of its members
c) It offers financial loans to governments
d) It provides insurance to financial institutions
Answer: b) It advocates for regulatory and economic policies in the broad interests of its member