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

General Knowledge

Month-wise Current Affairs 2021

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test