McqMate
Q. |
Short term loans to correct Balance of Payments problems is given by |
A. | I.M.F. |
B. | I.B.R.D |
C. | I.D.A |
D. | A.D.B |
Answer» A. I.M.F. | |
Explanation: Upon Initial IMF formation, its two primary functions were: to oversee the fixed exchange rate arrangements between countries, thus helping national governments manage their exchange rates and allowing these governments to prioritize economic growth, and to provide short-term capital to aid balance-of-payments. |
View all MCQs in
Economics (GK)No comments yet