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With reference to the International Monetary Fund (IMF), consider the following statements:
1. It is headquartered in London.
2. It came into formal existence in 1945 with the goal of reconstructing the international monetary system.
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 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to the International Monetary Fund (IMF), consider the ...
Recently published External Sector Report 2022 by IMF has said that the RBI’s intervention in the currency market should be limited to addressing disorderly market conditions.
International Monetary Fund (IMF):
  • The IMF is an international financial institution (headquartered in Washington D.C., US).
  • It works to achieve sustainable growth and prosperity for all of its 190 member countries. It is governed by and accountable to its member countries.
  • Formed in 1944 at the Bretton Woods Conference, IMF came into formal existence in 1945 with the goal of reconstructing the international monetary system.
Hence only statement 2 is correct.
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With reference to the International Monetary Fund (IMF), consider the following statements:1. It is headquartered inLondon.2. It came into formal existence in 1945 with the goal of reconstructing the international monetary system.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 'B'. Can you explain this answer?
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With reference to the International Monetary Fund (IMF), consider the following statements:1. It is headquartered inLondon.2. It came into formal existence in 1945 with the goal of reconstructing the international monetary system.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 'B'. 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 Fund (IMF), consider the following statements:1. It is headquartered inLondon.2. It came into formal existence in 1945 with the goal of reconstructing the international monetary system.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 'B'. 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 Fund (IMF), consider the following statements:1. It is headquartered inLondon.2. It came into formal existence in 1945 with the goal of reconstructing the international monetary system.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 'B'. Can you explain this answer?.
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