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Which of the following agencies provides short-term financial assistance to its member countries ?

AIMF

BIBRD

CADB

DWTO

Answer:

A. IMF

Read Explanation:

  • The International Monetary Fund (IMF) primarily provides short-term financial assistance and loans to member countries experiencing balance-of-payments problems.

  • IBRD (International Bank for Reconstruction and Development): Part of the World Bank, this agency focuses on long-term loans for development projects (like building dams, schools, or roads) and poverty reduction.

  • ADB (Asian Development Bank): Like the World Bank, the ADB focuses on long-term social and economic development projects specifically within the Asia-Pacific region.

  • WTO (World Trade Organization): The WTO is not a bank. It is an international body that sets the rules for global trade and settles disputes between member nations. It does not provide financial loans.

Agency

Primary Focus

Loan Duration

IMF

Financial stability / Currency crisis

Short to Medium Term

World Bank (IBRD)

Economic development / Poverty

Long Term

ADB

Regional development in Asia

Long Term

WTO

Trade rules and regulations

N/A (No Loans)


Related Questions:

ഇപ്പോഴത്തെ ലോകബാങ്ക് പ്രസിഡണ്ട് ആരാണ്
The term 'Nairobi Package' is related to the affairs of
WTO നിലവിൽ വന്ന വർഷം :

അന്താരാഷ്ട്ര സാമ്പത്തിക സ്ഥാപനങ്ങളിൽ ഉൾപ്പെടുന്നത് താഴെ പറയുന്നവയിൽ ഏതാണ് ?

1. IBRD

2. IMF

3. WTO

4. WHO

Choose the correctly matched pair from the following :

Column A                          Column B
(a) WTO                             (1) 1955
(b) GATT                            (2) 1991
(c) MRTP                           (3) 1969
(d) Economic reforms      (4) 1948