Neco 2021 Government Question 16

Practice objective / multiple choice question 16 from the 2021 Neco Government examination.

Neco 2021 Government Objective / Multiple Choice Hard Difficulty
Question 16 NECO • 2021 • GOVERNMENT • objective

Within the IMF, each member receives 5 basic votes plus one additional vote for each 100 million SDR of its quota. Country X has a quota of 2 400 million SDR, Country Y 1 800 million SDR, and Country Z 600 million SDR. A decision is adopted only if it obtains at least \\(85\\%\\) of the total voting power. If Countries X and Z vote against the proposal while Country Y votes in favour, can the proposal be adopted? Show all calculations.

Answer Options

A. Yes, the proposal can be adopted because the votes in favour (23) meet the required 23 votes (85% of 27).
Correct Answer B. No, the proposal cannot be adopted because the votes in favour (23) are less than the required 54 votes (85% of 63).
C. No, the proposal cannot be adopted because the votes in favour (23) are less than the required 55 votes (85% of 65).
D. No, the proposal cannot be adopted because the votes in favour (23) are less than the required 48 votes (80% of 60).
Correct Answer
B
Correct Option:
No, the proposal cannot be adopted because the votes in favour (23) are less than the required 54 votes (85% of 63).

About This Question

This is Neco 2021 Government Question 16. It is one of the objective questions from the 2021 Neco Government examination.

Difficulty level: Hard .

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