Question Details

Detailed explanation and options for the selected question.

What is the primary function of the International Monetary Fund (IMF)?

A. To promote free trade agreements
B. To provide long-term loans for development projects
C. To ensure global financial stability and provide short-term financial assistance
D. To regulate multinational corporations

Explanation:

The IMF ensures global financial stability and provides short-term financial assistance to member countries.

Related Topics

Banking Sector in India

Revision Notes

Migrants and Economic Development

Revision Notes

Money Market and Capital Market

Revision Notes

Tourism-Led Growth Strategies

Revision Notes

Evolution of Indian Economy

Revision Notes

Shadow Banking and NBFC Sector

Revision Notes

Employment Generation and Skill Development

Revision Notes

Environmental Economics and Sustainable Development

Revision Notes

FDI, FPI, and Capital Inflows

Revision Notes

Balance of Payments and Exchange Rate

Revision Notes