Which of the following is the correct full form of IMF?1. Internationa

1.	Which of the following is the correct full form of IMF?1. International Money Federation2. International Monetary Fund3. Indian Money Federation4. Indian Money Forum
Answer» Correct Answer - Option 2 : International Monetary Fund The correct answer is the International Monetary Fund. The formation of the IMF was initiated in 1944 at the Bretton Woods Conference. IMF came into operation on 27th December 1945 and is today it is an international organization that consists of 189 member countries. Its Headquartered is in Washington, D.C. Purpose: Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, and make resources available to members experiencing balance of payments difficulties. The IMF’s fundamental mission is to ensure the stability of the international monetary system. Kristalina Georgieva currently serves as Managing Director of the International Monetary Fund.

Which of the following is the correct full form of IMF?1. International Money Federation2. International Monetary Fund3. Indian Money Federation4. Indian Money Forum

Answer» Correct Answer - Option 2 : International Monetary Fund

The correct answer is the International Monetary Fund.

The formation of the IMF was initiated in 1944 at the Bretton Woods Conference.
IMF came into operation on 27th December 1945 and is today it is an international organization that consists of 189 member countries.
Its Headquartered is in Washington, D.C.
Purpose:
- Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, and make resources available to members experiencing balance of payments difficulties.
- The IMF’s fundamental mission is to ensure the stability of the international monetary system.
Kristalina Georgieva currently serves as Managing Director of the International Monetary Fund.