question_answer

Which of the following statements is true about International Monetary Fund (IMF)?              [RBI Grade B 2011]

A) It provides ways and means funds to member countries

B) It is an agency of the World Bank and is situated in Prague

C) It makes all the rules and regulations in relation to the world trade between the nations

D) On becoming its member, countries get finance as temporary balance of payment needs

E) It is an organisation floated by the members of NATO and caters to the need of those countries only