Neco 2024 Government Question 50

Practice objective / multiple choice question 50 from the 2024 Neco Government examination.

Neco 2024 Government Objective / Multiple Choice Hard Difficulty

Question 50 NECO • 2024 • GOVERNMENT • objective

In the International Monetary Fund, voting power consists of a fixed basic share of \(5.5\%\) of the total votes plus a variable share that is proportional to a country's quota. The variable share accounts for the remaining \(94.5\%\) of the total votes. Country X holds \(2\%\) of the total quota votes.\n\n(a) What is Country X's total voting power percentage in the IMF? (b) If an IMF decision requires at least \(85\%\) of the total voting power to be approved, can Country X alone block the decision by voting against it? Answer "Yes" or "No".

A. 7.39%; Yes

B. 5.50%; No

C. 6.50%; No

Correct Answer D. 7.39%; No

Correct Answer

Correct Option:

7.39%; No

This is Neco 2024 Government Question 50. It is one of the objective questions from the 2024 Neco Government examination.

Difficulty level: Hard .

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