CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The International Monetary Fund reached a preliminary agreement with which country
A
Canada
B
Indonesia
C
Iran
D
Ukraine
Explanation: 

Detailed explanation-1: -On 1 March 1947, the IMF began its financial operations, and on 8 May France became the first country to borrow from it.

Detailed explanation-2: -KARACHI, Feb 9 (Reuters)-The International Monetary Fund has asked for more time for negotiations with Pakistan over a deal that would unlock $1.1 billion in much-needed funds for the country, Secretary of Finance Hamed Sheikh said Thursday.

Detailed explanation-3: -The International Monetary Fund (IMF) is an organization of 190 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.

Detailed explanation-4: -The IMF Executive Board approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of about US$3 billion.

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