Multiple choice

Which of the following statements is/are incorrect about the IMF?

a. International Monetary Fund (IMF) is one of the biggest moneylenders for any country in the world. b. IMF has 188 member states as on 1st September, 2012. c. All member states in IMF have equal voting rights.

  1. a only

  2. b only

  3. c only

  4. a and b

  5. b and c
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is the correct answer option as this statement is incorrect. All members do not have equal voting rights. The vote of each country is weighed by how much money it has contributed to the IMF.

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