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Consider the following statements regarding International Monetary and Finance Committee.
1. The International Monetary and Finance Committee is a body under the World Bank.
2. The Committee discusses matters of common concern affecting the global economy.
Which of the above statements is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding International Monetary and...
The International Monetary and Finance Committee is a body under the IMF (International Monetary Fund).
The IMFC has 24 members, drawn from the pool of 187 governors. Its structure mirrors that of the Executive Board and its 24 constituencies. As such, the IMFC represents all the member countries of the Fund.
The IMFC meets twice a year, during the Spring and Annual Meetings. The Committee discusses matters of common concern affecting the global economy and also advises the IMF on the direction its work.
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Consider the following statements regarding International Monetary and...
Answer ( B ) 2 only
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Consider the following statements regarding International Monetary and Finance Committee.1. The International Monetary and Finance Committee is a body under the World Bank.2. The Committee discusses matters of common concern affecting the global economy.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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