Which among the following is not a function of International Monetary Fund?
Q. Which among the following is not a function of International Monetary Fund?
- It serves a medium term and long term credit institution’
- It provides a mechanism for improving short term balance of payments position’
- It provides machinery for international consultations’
- It provides reservoir of the currencies of the member countries and enables members to borrow one another’s currency’
Answer: It serves a medium term and long term credit institution’