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Q.

IMF stands for:


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a

International Monetary Fund

b

International Money Fund

c

International Market Facility

d

Indian Monetary Fund 

answer is A.

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Detailed Solution

IMF stands for International Monetary Fund. The IMF came into operation on December 27th, 1945 and is now a global organisation comprising 189 member countries. It is headquartered in Washington, D.C., and focuses on fostering world financial cooperation, securing monetary stability, and facilitating and promoting international trade, employment, and economic processes worldwide.
 
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