2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not the primary aim of IMF?
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To promote exchange stability
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To facilitate the expansion and balanced growth of International Trade
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To make resources available to the members experiencing balance of payments difficulties
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To focus on technology upgradation and capacity building for implementation of programmes and initiatives.
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Explanation:
Detailed explanation-1: -To promote international monetary cooperation is not an objective of IMF.
Detailed explanation-2: -The IMF has three critical missions: furthering international monetary cooperation, encouraging the expansion of trade and economic growth, and discouraging policies that would harm prosperity.
Detailed explanation-3: -At a broad level, IMF engagement on the SDGs is aligned with the five SDG pillars of people, prosperity, planet, peace, and partnership.
Detailed explanation-4: -Main Functions The IMF employs three main functions – surveillance, financial assistance, and technical assistance – to promote the stability of the international monetary and financial system.
There is 1 question to complete.