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Standard XII
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Economics
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Globalisation
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Which one of ...
Question

Which one of the following is the biggest moneylender for any country in the world?

A
World Bank
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B
International Monetary Fund
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C
Reserve Bank of India
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D
Reserve Bank of Scotland
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Solution

The correct option is B International Monetary Fund
IMF was founded in 1945. Its headquarters is in Washington D.C. At present, there are 190 members. Its aim is to promote global economic growth and financial stability.

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