Economics · International Financial Institutions
Consider the following statements regarding the International Monetary Fund (IMF): 1. It started financial operations in March 1947. 2. Its primary purpose is to promote international monetary cooperation. 3. It provides long-term loans to member countries for permanent structural balance of payments disequilibrium. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 2 and 3
- 2Only 1 and 2✓
- 3Only 1 and 3
- 41, 2, and 3
Correct answer
Only 1 and 2
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