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Question
Which of the following organisations is responsible for securing global monetary cooperation and securing financial stability?
Which of the following organisations is responsible for securing global monetary cooperation and securing financial stability?
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Solution
The correct option is C IMF
The International Monetary Fund (IMF) was established in 1945. Its mandate is to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable global economic growth. The IMF's primary purpose is to ensure the stability of the international monetary system - the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other.
The International Monetary Fund (IMF) was established in 1945. Its mandate is to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable global economic growth. The IMF's primary purpose is to ensure the stability of the international monetary system - the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other.
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