Which of the following is NOT a function of the International Monetary Fund?
A. Technical assistance and capacity building
B. Providing short-term financial assistance for balance of payments problems
C. Surveillance of member countries' economic policies
D. Providing long-term project finance for infrastructure
Answer: Option D
Solution (By JKSSB Mock Tests)
Long-term project finance for infrastructure is primarily the role of the World Bank. The IMF focuses on short-term BOP support, surveillance and technical assistance.
Explanation:
Planner-doer models represent the individual as containing both a long-run planner who values future consequences and a short-run doer who is tempted by immediate rewards, generating self-control problems.
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