MCQOPTIONS
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| 1. |
Which among the following is not a function of International Monetary Fund? |
| A. | It serves a medium term and long term credit institution’ |
| B. | It provides a mechanism for improving short term balance of payments position’ |
| C. | It provides machinery for international consultations’ |
| D. | It provides reservoir of the currencies of the member countries and enables members to borrow one another’s currency’ |
| Answer» B. It provides a mechanism for improving short term balance of payments position’ | |