ATTEMPT · INDIAN ECONOMY · PRELIMS 2022
Rapid Financing Instrument and "Rapid Credit Facility" are related to the provisions of lending by which one…
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Rapid Financing Instrument and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?
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• Correct Answer: B
• RFI and RCF are IMF lending windows for urgent balance of payments needs.
• RFI is for all members; RCF is concessional (zero interest) for low-income countries under PRGT.
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