With reference to the International Monetary and Financial Committee (IMFC), consider the following statements: 1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work. 2. The World Bank participates as observer in IMFC's meetings. Which of the statements given above is/are correct?
A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
Answer & Solution
Correct answer: C. Both 1 and 2
UPSC CSE Prelims 2016 (GS-I, Set A), Q.15. Answer key: C (coaching consensus; UPSC did not publish an official 2016 AK separately on upsc.gov.in).
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