IMF – IAS Synopsis
Excerpt/ Sample:
The IMF is an international organization, conceived in July 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to transact with each other.
Functions of IMF
Providing loans to member countries that are experiencing actual or potential balance-of-payments problems;
Providing technical assistance and training to help member countries build better economic institutions and strengthen related human capacities;
Promote international monetary cooperation;
Facilitate the expansion and balanced growth of international trade;
Promote exchange stability; and
Assist in the establishment of a multilateral system of payments.
GRAND OFFER –
To download all synopses for free, buy our annual membership product
(BEST VALUE OFFER – Download all synopses for free)
OR buy individual synopsis.
500 Synopses to be uploaded before May 2022
IASSynopsis.com – Quick Synopses for Revision/ UPSC Prelims & Mains Preparation.
© IAS Synopsis
