Q119
What is the IMF's primary objective?
A.
The overall promotion of world trade
AnswerB.
The fixation of the value of world currencies
C.
The promotion of free trade
D.
The promotion of its policies in certain countries around the world
Answer: Option A
Solution
Answer: Option A
Solution:
The IMF's primary objective is the overall promotion of world trade. IMF helps the member countries to achieve the balanced economic growth. It facilitates the expansion of balanced growth by the promotion and maintenance of high level of employment as the primary objective of economic policy. For this purpose, IMF helps to exploit natural resources and to put into productive channel.