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Which statement best explains International Monetary Fund?

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Question ID #27015 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 5 Medium

Which statement best explains International Monetary Fund?

Correct Answer: C. Institution focused on international monetary cooperation and balance-of-payments support
International Monetary Fund: Institution focused on international monetary cooperation and balance-of-payments support

Question: Which statement best explains International Monetary Fund?

A. Multilateral body dealing with rules of international trade

B. Policies designed to shield domestic producers from foreign competition

C. Institution focused on international monetary cooperation and balance-of-payments support

D. Trade principle requiring imported products to be treated no less favourably than like domestic products after entry

Correct Answer: C. Institution focused on international monetary cooperation and balance-of-payments supportInternational Monetary Fund: Institution focused on international monetary cooperation and balance-of-payments support

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Which statement best explains International Monetary Fund? - MCQ Explanation

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Correct answer: C. Institution focused on international monetary cooperation and balance-of-payments support