MCQOPTIONS
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| 1. |
The main function of the IMF is [Indian Overseas Bank 2011; Corporation Bank 2011] |
| A. | to help solve balance of payments problems of member countries |
| B. | to arrange international deposits from banks |
| C. | to act as private sector lending arm of the World Bank |
| D. | to finance investment loans to developing countries |
| E. | None of the above |
| Answer» B. to arrange international deposits from banks | |