Balance of Payments, Aid & Foreign Investment Mcqs


Q.  Which of the following statement is NOT true about OECD aid ?

a. During the 1980s OECD countries contributed four fifths of the world’s bilateral official development assistance to LDCs
b. In the early 1990s the OECD contributed 98 percent of all aid
c. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
d. In 2001, only Denmark Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs


ANSWER: See Answer
 
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