What is the function of the International Monetary Fund (IMF)?

To solve disputes between nations diplomatically.

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To provide monetary assistance.

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To decide on the matters of membership to the UN.

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To discuss budget matters.

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Solution

The correct option is B To provide monetary assistance.
The function of the International Monetary Fund (IMF) is to help nations establish financial stability. It also aims to reduce global poverty, and encourages international trade.

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Similar questions

Write a brief note on International Monetary Fund (IMF). Also, state its objectives.

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