2014 · Q50
Which of the following statements about International Monetary Fund (IMF) are correct?
- 1The IMF is a United Nations specialized agency.
- 2The IMF was founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation.
- 3The objective of the IMF is to stabilize currency exchange rates, and to expand international liquidity (access to hard currencies).
Select the correct answer using the code given below :
General KnowledgeIndian Polity and Governance
- A1, 2 and 3
- B2 and 3 only
- C1 and 2 only
- D1 and 3 only
Explanation
The IMF is a UN specialized agency founded at Bretton Woods (1944) to secure monetary cooperation and stabilize exchange rates.