Question

    The function of IMF includes: (i) Granting

    reconstruction loans to the war-devastated country (ii) Provides financial assistance to the member nations (iii) Drafting and reviewing economic and financial legislation (iv) Institution and capacity building  Which of the above statements is TRUE?
    A i, ii, and iii Correct Answer Incorrect Answer
    B i, ii, and iv Correct Answer Incorrect Answer
    C ii, iii, and iv Correct Answer Incorrect Answer
    D i, iii, and iv Correct Answer Incorrect Answer

    Solution

    The function of IMF includes: Provides financial assistance to the member nations, Drafting and reviewing economic and financial legislation, Institution and capacity building while loan for reconstruction to war devastated country is provided by World Bank.

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