Practice free →
HomeBA Political SciencepoliticalscienceIMF — Function › The IMF's main function is:

The IMF's main function is:

Alending for development projects
Bensuring international monetary stability
Cmediating border disputes
Dhumanitarian aid
Answer & Solution
Correct answer: B. ensuring international monetary stability
1. IMF was created at Bretton Woods (1944). 2. It provides short-term loans for balance-of-payments crises. 3. World Bank handles long-term development financing. __Source: NCERT Class 12 Contemporary World Politics — Bretton Woods system__
Solve this in the app — BA Political Science practice & 24k+ MCQs →