Which of the following is NOT a function of the IMF? MCQ with Answer and Explanation

Question
Which of the following is NOT a function of the IMF?
A. Surveillance of global economy
B. Lending to countries with balance of payments problems
C. Providing long-term development finance
D. Promoting exchange rate stability
Answer: Option C
Solution (By JKSSB Mock Tests)
Long-term development finance is primarily the role of the World Bank, not the IMF.
This question belongs to: Static General Knowledge International Organizations
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Practice More International Organizations Questions

Question #1
The International Monetary Fund's 'Quota' determines a member's:
A. Trade tariff concessions
B. Share of World Bank loans
C. Voting power and borrowing capacity
D. Representation in WTO
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Correct Answer: Option C

Explanation:
IMF quotas are a key determinant of a country's voting power and how much it can borrow.
This question belongs to: Static General Knowledge International Organizations
Question #2
The United Nations was founded on?
A. 15 August 1945
B. 26 June 1945
C. 24 October 1947
D. 24 October 1945
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Correct Answer: Option D

Explanation:
The UN was founded on October 24, 1945.
This question belongs to: Static General Knowledge International Organizations
Question #3
Which organization was the result of the Bretton Woods conference along with the IMF?
A. UNESCO
B. World Bank
C. UN
D. WTO
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Correct Answer: Option B

Explanation:
The World Bank and IMF were both created at the Bretton Woods conference.
This question belongs to: Static General Knowledge International Organizations
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