{"id":33871,"date":"2024-04-15T09:22:51","date_gmt":"2024-04-15T09:22:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=33871"},"modified":"2024-04-15T09:22:51","modified_gmt":"2024-04-15T09:22:51","slug":"out-of-the-following-which-are-the-important-objectives-of-imf-1-to-promote-exchange-rate-stability-2-to-create-standby-reserves-3-to-print-international-currency-notes-4-to-establish-a-multi","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/out-of-the-following-which-are-the-important-objectives-of-imf-1-to-promote-exchange-rate-stability-2-to-create-standby-reserves-3-to-print-international-currency-notes-4-to-establish-a-multi\/","title":{"rendered":"Out of the following, which are the important objectives of IMF? 1. To promote exchange rate stability. 2. To create standby reserves. 3. To print international currency notes. 4. To establish a multilateral system of payments. 5. To maintain orderly exchange rate stability. 6. To create employment Select the correct answer:"},"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_6a9989e9eff5b\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    2, 4, 5 and 6                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    3, 5 and 6                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"true\">\r\n                    1, 2, 4 and 5                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    1, 2, 5 and 6                <\/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. 1, 2, 4 and 5<\/strong><\/p>\n<p>The International Monetary Fund (IMF) is an international financial institution that was founded in 1945. The IMF&#8217;s stated goal is to promote international monetary cooperation, exchange stability, and orderly exchange arrangements. It also <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> works to foster economic growth and high levels of employment.<\/p>\n<p>The IMF&#8217;s main functions are to:<\/p>\n<ul>\n<li>Provide loans to countries experiencing balance of payments difficulties.<\/li>\n<li>Promote exchange rate stability.<\/li>\n<li>Facilitate international trade.<\/li>\n<li>Provide technical assistance to member countries.<\/li>\n<\/ul>\n<p>The IMF&#8217;s resources are derived from the contributions of its member countries. The size of each country&#8217;s contribution is based on its economic size.<\/p>\n<p>The IMF is governed by a Board of Governors, which is made up of one governor from each member country. The Board of Governors meets once a year. The day-to-day operations of the IMF are carried out by the Executive Board, which is made up of 24 <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> Executive Directors. The Executive Directors are appointed by the member countries.<\/p>\n<p>The IMF has been criticized for its role in the 1980s debt crisis, when it imposed austerity measures on many developing countries. The IMF has also been criticized for its role in the 2008 financial crisis, when it bailed out large banks.<\/p>\n<p>Despite these criticisms, the IMF remains an important institution in the global economy. It provides loans to countries in need, and it helps to promote international monetary cooperation.<\/p>\n<p>The following are the important objectives of IMF:<\/p>\n<ol>\n<li>To promote exchange rate stability.<\/li>\n<li>To create standby reserves.<\/li>\n<li>To establish a multilateral system of payments.<\/li>\n<li>To maintain orderly exchange rate stability.<\/li>\n<\/ol>\n<p>The IMF does not have the objective of creating employment.<\/p>\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":[702],"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>Out of the following, which are the important objectives of IMF? 1. 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