Question
Rapid Financing Instrument and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?
Attempt this previous-year question. The correct option stays hidden until you choose.
Rapid Financing Instrument and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?
Pick an option to check yourself.
• 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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