CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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

A
World Trade Organization
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
International Monetary Fund
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
United Nations
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
International Bank
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
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.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Let's Practice Part 1
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon