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Byju's Answer
Standard XI
Economics
Balance of Payments
Who agreed to...
Question

Who agreed to loan funds to help India recover from its BOP Crisis?


A

International Monetary Fund

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B

World Bank

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C

Bank of England

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D

Royal Bank of Scotland

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Solution

The correct option is A

International Monetary Fund


IMF agreed to act as "Lender of /last Resort" to India.


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