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RBI Grade B Officers 2011 dec Paper
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© examsnet.com
Question : 51
Total: 200
Which of the following statements is TRUE about International Monetary Fund (IMF) ?
IMF provide Ways and Means Funds to member countries
IMF is an agency of the World Bank and is situated in Prague
IMF makes all the rules and regulations in relation to the World Trade between the nations
On becoming member of the IMF, countries get finance as temporary Balance of payment needs
IMF is an organization floated by the members of NATO and caters to the need of those countries only
Validate
Solution:
(4) IMF continues to provideshort- and medium-term financialassistance to membernations that run into temporarybalance of payments difficulties.
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