World Organisations Objective Questions and Answers for Competitive Exams

Question

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]

Read More Economics Solved Questions

junior administrative assistant jaa test series