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Question

Which one of the following is wrong concerning International Monetary Fund (IMF) ?

A It was formed at Bretton Woods Conference Primarily by the ideas of Harry Dexter White and John Maynard Keynes
B It works to foster global growth and economic stability
C Voting power in the IMF is based on quota system
D The Board of Governors of IMF consists of two governors and one alternate Governor for each member country

Answer & Explanation

Answer: The Board of Governors of IMF consists of two governors and one alternate Governor for each member country

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