Teaching MPPSC Assistant Professor Mock Test Series 2025 Business Environment and International Business International Economic institutions
Consider the following statements regarding the International Monetary Fund(IMF), Quotas
1. IMF is the quota-based institution.
2. Quotas determine the maximum amount of financial resources a member is obliged to provide to the IMF.
3. Quotas are a key determinant of the voting power in IMF decisions.
4. The maximum amount of financing a member can obtain from the IMF under normal access is based on its quota.
Which of the above statements are correct.
1
1 and 2 only
2
3 and 4 only
3
2, 3 and 4 only
4
All of the above