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Management · Q82

International Finance and Treasury

Graduate and Post Graduate · Management · question 82

Q82

The role if IMF does not include

A.
monitoring the proper conduct of the international monetary system
B.
lending to socially oriented projects
Answer
C.
financing temporary balance of payments deficits of member countries
D.
providing source of liquidity to member countries

Answer: Option B

Solution

Answer: Option B
Solution:
The role if IMF does not include lending to socially oriented projects. The IMF's fundamental mission is to help ensure stability in the international system. It does so in three ways: keeping track of the global economy and the economies of member countries; lending to countries with balance of payments difficulties; and giving practical help to members.