2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Germany
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France
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China
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India
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Detailed explanation-1: -IMF has again called for comprehensive reforms of China’s growth model saying that China’s potential growth has started falling and several headwinds suggest, it will continue to slow down considerably over the medium to long term.
Detailed explanation-2: -The People’s Bank of China’s network of local currency swap arrangements provide Asian countries with a much-needed safety net, while also strengthening China’s diplomatic position.
Detailed explanation-3: -China was initially represented by the Republic of China. In April 1980, representation transferred to the People’s Republic of China. The Chinese-IMF relationship mainly operates around affairs associated with IMF governance and the IMF Special Drawing Rights (SDR).