GENERAL KNOWLEDGE

GK

WORLD HISTORY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
organization working to create global monetary cooperation and stability, facilitate international trade, promote high employment and reduce poverty around the world.
A
IMF
B
World Bank
C
NAFTA
D
OPEC
Explanation: 

Detailed explanation-1: -The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries.

Detailed explanation-2: -Financial Stability Board (FSB) The FSB promotes international financial stability by coordinating national financial sector authorities and international standard-setting bodies as they work towards developing strong regulatory, supervisory and other financial sector policies.

Detailed explanation-3: -The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.

Detailed explanation-4: -The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.

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