Important questions on Headquarters of International Financial Institutions for upcoming banks and insurance exams SBI PO, Dena bank, IBPS PO, IBPS Clerk, RRB PO and Clerk, RBI.
- Where is the headquarters of World Bank situated?
A) Washington, D.C., United States
B) New York, United States
C) London, England
D) Paris, France
View Answer
Option A
Some Extra:
The World Bank is an international financial institution that provides loans to countries of the world for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.
- Where is the headquarters of International Monetary Fund situated?
A) Washington, D.C., United States
B) New York, United States
C) London, England
D) Paris, France
View Answer
Option A
Some Extra:
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of “189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”
- Where is the headquarters of Asian Infrastructure Investment Bank situated?
A) Beijing, China
B) Manila, Philippines
C) Naypyidaw, Myanmar
D) Paris, France
View Answer
Option A
Some Extra:
The Asian Infrastructure Investment Bank (AIIB) is an multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region. The bank currently has 56 member states while another 24 are prospective members for a total of 80 approved members and was proposed as an initiative by the government of China.
- Where is the headquarters of Asian Development Bank (ADB) situated?
A) Shanghai, China
B) Manila, Philippines
C) Naypyidaw, Myanmar
D) Rome, Italy
View Answer
Option B
Some Extra:
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in Mandaluyong, Metro Manila, Philippines.
- Where is the headquarters of New Development Bank (NDB) situated?
A) Bern, Switzerland
B) Cape Town, South Africa
C) Shanghai, China
D) Moscow, Russia
View Answer
Option C
Some Extra:
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa).
The first regional office of the NDB will be opened in Johannesburg, South Africa.
- Where is the headquarters of Bank for International Settlements (BIS) situated?
A) Bern and Zurich, Switzerland
B) Lisbon, Portugal
C) Shanghai, China
D) Basel, Switzerland
View Answer
Option D
Some Extra:
The Bank for International Settlements (BIS) is an international financial institution owned by central banks which “fosters international monetary and financial cooperation and serves as a bank for central banks”.
The BIS was established in 1930 by an intergovernmental agreement between Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States and Switzerland. It opened its doors in Basel, Switzerland on 17 May 1930.
- Where is the headquarters of Swiss National Bank (SNB) situated?
A) Basel, Switzerland
B) Geneva, Switzerland
C) Bern and Zurich, Switzerland
D) Solothurn, Switzerland
View Answer
Option C
Some Extra:
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland
- Where is the headquarters of Islamic Development Bank situated?
A) Riyadh, Saudi Arabia
B) Mecca, Saudi Arabia
C) Khafji, Saudi Arabia
D) Jeddah, Saudi Arabia
View Answer
Option D
Some Extra:
The Islamic Development Bank (IDB) is a multilateral development financing institution located in Jeddah, Saudi Arabia.
- Where is the headquarters of European Investment Bank situated?
A) Romania
B) Netherlands
C) Slovenia
D) Luxembourg
View Answer
Option D
Some Extra:
The European Investment Bank (EIB) is the world’s largest international public lending institution. It is the European Union’s nonprofit long-term lending institution established in 1958 under the Treaty of Rome.
- Where is the headquarters of African Development Bank situated?
A) Tunis, Tunisia
B) Rabat, Morocco
C) Abidjan, Ivory Coast
D) Addis Ababa, Ethiopia
View Answer
Option C
Some Extra:
African Development Bank (AfDB) or Banque Africaine de Developpment (BAD). Its mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.
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