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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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World Organisations Objective Questions and Answers for Competitive Exams
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Question
Which one of the following is not a function of International Monetary Fund?
A
It provides short term credit to its members
B
It arranges for conversion of currencies
C
It secures stability in the rates of foreign exchange
D
It can create new money for stabilizing exchange rate
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Answer & Explanation
Answer: Option [D]
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