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With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:
1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in IMFC’s meetings.
Which of the statements given above is/are correct?
1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in IMFC’s meetings.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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With reference to the International Monetary and Financial Committee (...
The IMFC advises and reports to the IMF Board of Governors on the supervision and management of the international monetary and financial system, including on responses to unfolding events that may disrupt the system although the IMFC has no formal decision-making powers, in practice, it has become a key instrument for providing strategic direction to the work and policies of the IMF. A number of international institutions, including the World Bank, participate as observers in the IMFC’s meetings.
Most Upvoted Answer
With reference to the International Monetary and Financial Committee (...
Both statements are correct.
1. The IMFC is a key advisory committee of the IMF that discusses matters affecting the global economy. It provides guidance and advice to the IMF on the direction of its work, including policies and strategies to promote global economic stability and growth.
2. The World Bank participates as an observer in the IMFC meetings. While it is not a formal member of the IMFC, the World Bank is invited to attend and contribute to the discussions as it is an important international financial institution that works closely with the IMF in addressing global economic challenges.
1. The IMFC is a key advisory committee of the IMF that discusses matters affecting the global economy. It provides guidance and advice to the IMF on the direction of its work, including policies and strategies to promote global economic stability and growth.
2. The World Bank participates as an observer in the IMFC meetings. While it is not a formal member of the IMFC, the World Bank is invited to attend and contribute to the discussions as it is an important international financial institution that works closely with the IMF in addressing global economic challenges.
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With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2. The World Bank participates as observer in IMFC’s meetings.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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