A

Admin • 833K Points
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Q. The capital of IMF is made up by the contribution of–

  • (A) Credit
  • (B) Deficit Financing
  • (C) Member Nations
  • (D) Borrowings
  • Correct Answer - Option(C)
  • Views: 17
  • Filed under category Economic
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Explanation by: Admin

IMF was established on 27th Dec 1945 by Bretton Woods conference. It started working from 1st March, 1947. Every member nations gives 25% money in terms of gold or US dollars.

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