BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token. The new token called-?

A	Learning Sikka
B	Learning Coin
C	Learning Cash
D	Learning Money

Explanation:

Detailed explanation-1: -The International Monetary Fund (IMF) and the World Bank are institutions in the United Nations system. They share the same goal of raising living standards in their member countries.

Detailed explanation-2: -IMF and Bank staffs collaborate closely on country assistance and policy issues that are relevant for both institutions. IMF assessments of a country’s general economic situation and policies inform the World Bank’s assessments of potential development projects or reforms.

Detailed explanation-3: -"World Bank Group and The 2030 Agenda."

Detailed explanation-4: -II. The Bretton Woods Institutions-the IMF and World Bank-have an important role to play in making globalization work better. They were created in 1944 to help restore and sustain the benefits of global integration, by promoting international economic cooperation.

There is 1 question to complete.