2022 · Q75
Which one of the following assists a country through ‘Extended Fund Facility’, often talked about in news ?
General KnowledgeStatic General Awareness
- AInternational Fund for Agricultural Development
- BInternational Monetary Fund
- CInternational Bank for Reconstruction and Development
- DUnited Nations Development Programme
Explanation
The Extended Fund Facility is an IMF lending instrument for countries with medium-term balance of payments problems arising from structural weaknesses. IFAD, IBRD and UNDP do not operate this facility. Hence it is the International Monetary Fund.