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UPSC Civil Services 2016 Prelims General Studies Paper I
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© examsnet.com
Question : 41
Total: 100
'European Stability Mechanism', sometimes seen in the news, is an
agency created by EU to deal with the impact of millions of refugees arriving from Middle East
agency of EU that provides financial assistance to eurozone countries
agency of EU to deal with all the bilateral and multilateral agreements on trade
agency of EU to deal with the conflicts arising among the member countries
Validate
Solution:
The European Stability Mechanism is a European Union agency that provides financial assistance, in the form of loans, to eurozone countries or as new capital to banks in difficulty.
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