PPSC PAST PAPER 28

Identify the function of IMF:

  • Subject:  Generic
  1. To provide loans to the member of United Nations for development of industrial infrastructure
  2. To make foreign exchange resource available for those countries who want to import essential items of food
  3. To make foreign exchange resource available for those countries facing balance of payments difficulties
  4. None of above
Correct Answer: To make foreign exchange resource available for those countries facing balance of payments difficulties