Economics · International Financial Institutions
Which of the following organizations characteristically support and mandate 'Structural Adjustment Programmes' (SAPs) as conditions for loans? I. Bank for International Settlements (BIS) II. World Bank Group (WBG) III. Organisation for Economic Co-operation and Development (OECD) IV. International Monetary Fund (IMF) Select the correct answer using the codes given below:
- 1I and II only
- 2II and III only
- 3II and IV only✓
- 4I and III only
Correct answer
II and IV only
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