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Multiple choice the wto and india world trade organisation international business commerce business studies

IMF acts as a __________ credit institution.

  1. long-term

  2. short-term

  3. both A & B

  4. neither A & B
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The IMF provides short-term financial assistance to member countries to help them stabilize their balance of payments. It is not designed for long-term development financing, which is the role of institutions like the World Bank.

Multiple choice the wto and india world trade organisation international business commerce business studies

Which among the following is a function of the IMF?

  1. Acting as short term credit institution

  2. Promoting orderly adjustment of exchange rate

  3. Lending institution of foreign currency and current transaction

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The functions of IMF are :

1: Acting as a short term credit institution
2: Promoting orderly adjustment of exchange rate
3: Lending instituions of foreign currency and current transaction.

Multiple choice the wto and india world trade organisation international business commerce business studies

Which among the following is not the major objectives of the IMF?

  1. Promote international monetary cooperation

  2. Promote balanced growth of international trade

  3. Promote weapons development in developing nations

  4. All of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The major Objectives of IMF are 

1: to promote international monetary cooperation.
2: To promote balanced growth of international trade.

To promote weapons development in developing nations is not an objective of the IMF.