Multiple choice

Regarding the International Monetary Fund, which one of the following statements is correct?

  1. It can grant loans to any country.

  2. It can grant loans to only developed countries.

  3. It grants loans to only member countries.

  4. It can grant loans to the central bank of a country.
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C Correct answer
Explanation

The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF monitors the world\'s economies, lends to members in economic difficulty, and provides technical assistance.

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