Question

"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?

• A. Asian Development Bank
• B. International Monetary Fund
• C. United Nations Environment Programme Finance Initiative
• D. World Bank

Answer 1

Answer:

B. International Monetary Fund

The rapid Financing Instrument of IMF provides rapid financial assistance to all member countries facing an urgent balance of payments need.