Neco 2020 Government Question 43

Practice objective / multiple choice question 43 from the 2020 Neco Government examination.

Neco 2020 Government Objective / Multiple Choice Hard Difficulty
Question 43 NECO • 2020 • GOVERNMENT • objective

In the International Monetary Fund (IMF) voting power is based on member quotas. Suppose three member countries X, Y and Z have quotas of \(4\%\), \(6\%\) and \(10\%\) respectively, and the remaining members collectively hold \(80\%\) of the voting power. A decision requires a super‑majority of at least \(85\%\) of the total voting power. If countries X and Y vote together against a proposal, (a) what is the minimum additional voting power that must vote in favour for the proposal to be adopted? (b) If country Z also votes against, can the proposal still be adopted? State yes or no.

Answer Options

A. a) 85% of total voting power (≈85% of the remaining 90%)); b) Yes
B. a) 80% of total voting power (≈88.9% of the remaining 90%)); b) No
C. a) 90% of total voting power (≈100% of the remaining 90%)); b) No
Correct Answer D. a) 85% of total voting power (≈94.4% of the remaining 90%); b) No
Correct Answer
D
Correct Option:
a) 85% of total voting power (≈94.4% of the remaining 90%); b) No

About This Question

This is Neco 2020 Government Question 43. It is one of the objective questions from the 2020 Neco Government examination.

Difficulty level: Hard .

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