Which among the following is not the major objectives of the IMF?

Promote international monetary cooperation

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Promote balanced growth of international trade

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Promote weapons development in developing nations

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All of the above

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Solution

The correct option is B Promote weapons development in developing nations
The major Objectives of IMF are
1: to promote international monetary cooperation.
2: To promote balanced growth of international trade.

To promote weapons development in developing nations is not an objective of the IMF.

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Q62 World Bank Group constitutes which of the following organizations?

1. Multilateral Investment Guarantee Agency.

2. International Centre for the Settlement of Investment Disputes.

3. International Monetary Fund.

4. International Finance Corporation

5. International Development Association.

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