European Stability Mechanism’, sometimes seen in the news, is an
[amp_mcq option1=”agency created by EU to deal with the impact of millions of refugees arriving from Middle East” option2=”agency of EU that provides financial assistance to eurozone countries” option3=”agency of EU to deal with all the bilateral and multilateral agreements on trade” option4=”agency of EU to deal with the conflicts arising among the member countries” correct=”option2″]
This question was previously asked in
UPSC IAS – 2016
Option A is incorrect as the ESM’s primary role is financial stability, not refugee management.
Option C is incorrect as the ESM focuses on financial stability, not trade agreements.
Option D is incorrect as the ESM deals with financial crises, not general conflicts among member countries, although financial stress can contribute to tensions.