{"id":32924,"date":"2024-04-15T09:08:54","date_gmt":"2024-04-15T09:08:54","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=32924"},"modified":"2024-04-15T09:08:54","modified_gmt":"2024-04-15T09:08:54","slug":"the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/","title":{"rendered":"The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9f10005b128\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    Credit Tranche Drawing                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Extended Fund Facility                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"true\">\r\n                    Compensatory Financing Facility                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    Structural Adjustment Facility                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: <strong>C. Compensatory Financing Facility<\/strong><\/p>\n<p>The Compensatory Financing Facility (CFF) is a facility of the International Monetary Fund (IMF) that provides short-term financial assistance to member countries that experience balance of payments difficulties caused by a temporary shortfall in export earnings. The CFF is mainly meant for Less Developed Countries (LDCs), which are countries with low <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> per capita income and a high degree of economic vulnerability.<\/p>\n<p>The CFF was established in 1963 to help countries that were experiencing balance of payments difficulties due to a decline in their export earnings. The facility was originally designed to provide assistance to countries that were affected by natural disasters or other exogenous shocks. However, the CFF has been expanded over time to include assistance to countries that are experiencing balance of payments difficulties due to a decline in their export earnings for reasons beyond their control, such as a decline in the world market price of their exports.<\/p>\n<p>The CFF is a revolving fund, which means that the IMF provides loans to countries that are experiencing balance of payments difficulties, and the countries repay the loans with interest. The terms of the loans are relatively generous, with repayment periods of up to five years and grace periods of up to one year.<\/p>\n<p>The CFF has been used by a large number of countries, including many LDCs. The facility has been effective in helping countries to overcome balance of payments difficulties and to maintain their economic growth.<\/p>\n<p>The other options are:<\/p>\n<ul>\n<li><strong>A. Credit Tranche Drawing<\/strong> is a type of IMF assistance that is available to all member countries. It is a short-term loan that is used to finance temporary balance of payments deficits.<\/li>\n<li><strong>B. Extended Fund Facility<\/strong> is a type of IMF assistance that is available to member countries that are experiencing more serious balance of payments difficulties. It is a medium-term loan that is used to finance structural reforms.<\/li>\n<li><strong>D. Structural Adjustment Facility<\/strong> is a type of IMF assistance that was <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> available to member countries that were experiencing severe balance of payments difficulties. It was a medium-term loan that was used to finance structural reforms. The facility was discontinued in 1999.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Join Our Telegram Channel Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[699],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)\" \/>\n<meta property=\"og:description\" content=\"Join Our Telegram Channel Subscribe on YouTube\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T09:08:54+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/","og_locale":"en_US","og_type":"article","og_title":"The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)","og_description":"Join Our Telegram Channel Subscribe on YouTube","og_url":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T09:08:54+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/","url":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/","name":"The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-15T09:08:54+00:00","dateModified":"2024-04-15T09:08:54+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-different-forms-of-imf-assistance-are-given-below-identify-the-one-which-is-mainly-meant-for-less-developed-countries-ldcs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"Commerce","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/commerce\/"},{"@type":"ListItem","position":4,"name":"Banking and financial institutions","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/commerce\/banking-and-financial-institutions\/"},{"@type":"ListItem","position":5,"name":"The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d97f17072bfa490596c8f78363955d55?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/32924"}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=32924"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/32924\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=32924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=32924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=32924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}