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World Bank and International Monetary Fund

Which of the ...

Question

Which of the following organisations provides financial support to countries in case of a financial emergency?

A

World Wide Fund

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B

World Trade Organization

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C

International Monetary Fund

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D

World Bank

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Solution

The correct option is D World Bank
The International Monetary Fund or IMF and the World Bank provide financial assistance to countries facing economic crises. For availing these loans, the countries have to agree and implement the conditions put forth by the World Bank and International Monetary Fund.

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World Bank and International Monetary Fund

Standard IX Economics

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