Neco 2023 Government Question 35

Practice objective / multiple choice question 35 from the 2023 Neco Government examination.

Neco 2023 Government Objective / Multiple Choice Hard Difficulty
Question 35 NECO • 2023 • GOVERNMENT • objective

In the International Monetary Fund (IMF) each member's voting power consists of a basic 5\% share plus a share proportional to its quota. The total quota of all members is 200,000 SDR. Country A has a quota of 10,000 SDR, Country B 5,000 SDR and Country C 2,000 SDR.\n\n(a) Calculate the voting‑power percentage of each of the three countries.\n(b) Can Countries A and C together block a decision that requires a 75\% super‑majority (i.e., they need at least 25\% of the votes against the proposal)?

Answer Options

A. A:9.50\%, B:7.25\%, C:5.80\%; No, A and C together (15.30\%) cannot block the 75\% super‑majority.
B. A:9.75\%, B:7.375\%, C:5.95\%; Yes, A and C together (15.70\%) can block the 75\% super‑majority.
C. A:10.00\%, B:7.00\%, C:6.00\%; No, A and C together (16.00\%) cannot block the 75\% super‑majority.
Correct Answer D. A:9.75\%, B:7.375\%, C:5.95\%; No, A and C together (15.70\%) cannot block the 75\% super‑majority.
Correct Answer
D
Correct Option:
A:9.75\%, B:7.375\%, C:5.95\%; No, A and C together (15.70\%) cannot block the 75\% super‑majority.

About This Question

This is Neco 2023 Government Question 35. It is one of the objective questions from the 2023 Neco Government examination.

Difficulty level: Hard .

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