General Knowledge · General Awareness
Consider the following statements regarding the International Monetary Fund (IMF): (i) The Board of Governors is the highest decision-making body of the IMF. (ii) Its financial resources mainly come from the money that countries pay as their capital subscription (quotas) when they become members. Which of the statements given above is/are correct?
- 1Neither (i) nor (ii)
- 2Both (i) and (ii)✓
- 3Only (ii)
- 4Only (i)
Correct answer
Both (i) and (ii)
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