Gce Model Questions Vol1 2019 Government Question 38

Practice objective / multiple choice question 38 from the 2019 Gce Model Questions Vol1 Government examination.

Gce Model Questions Vol1 2019 Government Objective / Multiple Choice Hard Difficulty
Question 38 GCE_MODEL_QUESTIONS_VOL1 • 2019 • GOVERNMENT • objective

The International Monetary Fund (IMF) assigns each member a voting share consisting of a basic component of 5.5\% and a quota component proportional to its quota contribution. Consider five members with quota shares of 30\% , 25\% , 20\% , 15\% and 10\% respectively (A, B, C, D, E). (i) Calculate the total voting percentage of each member. (ii) For decisions on quota changes a super‑majority of at least 85\% of the total vote is required. Identify the smallest coalition of members (by number of members) that can achieve this super‑majority.

Answer Options

A. Total votes: A = 27.25 %, B = 23.625 %, C = 20.0 %, D = 16.375 %, E = 12.75 %; the smallest coalition that reaches at least 85 % is B + C + D + E.
Correct Answer B. Total votes: A = 27.25 %, B = 23.625 %, C = 20.0 %, D = 16.375 %, E = 12.75 %; the smallest coalition that reaches at least 85 % is A + B + C + D.
C. Total votes: A = 27.25 %, B = 23.625 %, C = 20.0 %, D = 16.375 %, E = 12.75 %; the smallest coalition that reaches at least 85 % is A + B + D + E.
D. Total votes: A = 28.0 %, B = 24.0 %, C = 20.0 %, D = 16.0 %, E = 12.0 %; the smallest coalition that reaches at least 85 % is A + B + C.
Correct Answer
B
Correct Option:
Total votes: A = 27.25 %, B = 23.625 %, C = 20.0 %, D = 16.375 %, E = 12.75 %; the smallest coalition that reaches at least 85 % is A + B + C + D.

About This Question

This is Gce Model Questions Vol1 2019 Government Question 38. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Government examination.

Difficulty level: Hard .

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