ATTEMPT · INDIAN ECONOMY · PRELIMS 2011
Regarding the international monetary fund, which one of the following statements is correct?
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Regarding the international monetary fund, which one of the following statements is correct?
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• Correct Answer: C
• IMF membership is a prerequisite for receiving loans for balance-of-payments problems.
• It lends to both developed and developing countries, not just developed ones or central banks.
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