GkSeries.com

World Organisations Objective Questions and Answers for Competitive Exams

Which one of the following is not a function of International Monetary Fund?

[A] It provides short term credit to its members
[B] It arranges for conversion of currencies
[C] It secures stability in the rates of foreign exchange
[D] It can create new money for stabilizing exchange rate

Answer & Explanation

Answer: Option [D]

⭐ Make GKSeries Your Preferred Source on Google

Add GKSeries as Preferred Source

Read More Economics Solved Questions