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Question

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

A
World Trade Organization
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B
International Monetary Fund
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C
United Nations
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D
International Bank
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Solution

The correct option is B International Monetary Fund
The International Monetary Fund (IMF) is an international organisation of 190 member countries. It promotes international financial stability and monetary cooperation. Besides, it offers financial support to countries in case of emergencies. India availed IMF's support during the balance-of-payments crisis of 1991.

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