Which of the following is a function of the International Monetary Fund?
A. Providing long-term project finance for infrastructure development
B. Regulating international trade rules
C. Providing only bilateral aid
D. Providing short-term financial assistance for balance of payments problems and conducting surveillance
Answer: Option D
Solution (By JKSSB Mock Tests)
The IMF provides temporary financial support to countries facing balance of payments difficulties, conducts economic surveillance and offers technical assistance. Long-term project finance is the domain of the World Bank.
Explanation:
Demographic dividend arises when a large share of the population is of working age, providing an opportunity for higher economic growth if this workforce is productively employed.
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