1.

What is Bilateral aid ?

A. It is technical aid given by I.M.F. to various countries
B. It is given directly by one country to another
C. It is aid with the condition that the repayment will be in inconvertible currency
D. It is a commercial loan made available by various institutions jointly
E. None of these
Answer» C. It is aid with the condition that the repayment will be in inconvertible currency


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