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Question

Match the items of List - I with those of List - II; and choose the correct code of combination :

List - IList - II
(a) Poverty Reduction and Growtd Facility (PRGF)(i) 1997             
(b) Supplemental Reserve Facility (SRF)(ii) 1974
(c) Extended Fund Facility (EFF)(iii) 1999

The correct answer is
(a)-(iii), (b)-(i), (c)-(ii)

Match Financial Facilities and Establishment Years

This question requires matching international financial facilities from List-I with their respective introduction years found in List-II.

Key Financial Facilities and Their Establishment

Understanding the establishment timeline for each facility is crucial for accurate matching:

  • Poverty Reduction and Growth Facility (PRGF): This facility was established by the IMF in 1999.
  • Supplemental Reserve Facility (SRF): The IMF introduced this facility in 1997.
  • Extended Fund Facility (EFF): This facility was created in 1974.

Matching List - I Items to List - II Years

Connecting the facilities to their years:

  • (a) Poverty Reduction and Growth Facility (PRGF) corresponds to 1999, which is item (iii) in List-II.
  • (b) Supplemental Reserve Facility (SRF) corresponds to 1997, which is item (i) in List-II.
  • (c) Extended Fund Facility (EFF) corresponds to 1974, which is item (ii) in List-II.

Final Combination

The correct pairing is therefore (a)-(iii), (b)-(i), and (c)-(ii). This combination matches Option A.

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Important Questions from International Economic institutions

  1. Match List – I with List – II and select correct answer from the codes given below :
    List – IList – II
    a. International Monetary Fundi. Lending to private sector
    b. International Bank for Reconstruction and Developmentii. Balance of Payments problems
    c. International Development Associationiii. Soft Loan to poor countries
    d. International Finance Corporationiv. Socio-economic infrastructure
  2. Match the items of List-I with List-II and denote the code of correct matching.
    List – IList – II
    a. International Bank for Reconstruction and Developmenti. 1945
    b. International Finance Corporationii. 1956
    c. Asian Development Bankiii. 1966
    d. Export-Import Bank of Indiaiv. 1981
    Codes :
  3. Assertion (A) : International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. 

    Reasoning (R) : The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target. 

    Codes :

  4. Which among the following is not an international economic institution ?
  5. In which of the following years was ADB (Asian Development Bank) established?

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