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Standard IX
Social Science
IMF and World Bank
What is the c...
Question
What is the correct expansion of 'IMF'?
A
International Monetary Fund
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B
International Money Fund
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C
International Monetary Federation
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D
International Monetary Foundation
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Solution
The correct option is
A
International Monetary Fund
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Which of the following statements about International Monetary Fund (IMF) are correct?
1
. The IMF is a United Nations specialised agency.
2
. The IMF was founded at the Bretton Woods Conference in
1994
to secure international monetary cooperation.
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. Chinese Yuan is included in SDR Basket.
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