Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Which among the following is not a function of International Monetary Fund?

A It serves a medium term and long term credit institution’
B It provides a mechanism for improving short term balance of payments position’
C It provides machinery for international consultations’
D It provides reservoir of the currencies of the member countries and enables members to borrow one another’s currency’

Answer & Explanation

Answer: It serves a medium term and long term credit institution’

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