The _______ was established to provide short-term support for countries facing financial difficulties which is explicitly stated in the Articles of Agreement.
International Monetary Fund
The Bretton Woods Conference (1944) created two institutions with different mandates. The International Monetary Fund (IMF), established in December 1945 (financial operations began in 1947), was set up to promote international monetary cooperation and exchange-rate stability.
Its Articles of Agreement (Article I) explicitly state that one of its purposes is to make the Fund’s general resources temporarily available to members, under adequate safeguards, so that they can correct balance-of-payments maladjustments – that is, short-term support to countries in financial difficulty.
The World Bank (IBRD) provides long-term loans for reconstruction and development projects; the World Trade Organization (1995) regulates international trade; and UNDP (1965) supports long-term human development and poverty reduction.
So the institution established to provide short-term support for countries facing financial difficulties is the International Monetary Fund.
Hence, the answer is International Monetary Fund.
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Important Questions from Mixed Topic (MH-SET)
.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
(iv) Compiler
Codes:
Which of the following are referred to as low level language?
(i) Machine language
(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
Match the following:
List I List II (a) New York Public Library (i) Shelv AR (b) Miami University Augmented Research Group (ii) Smart library (c) Oula University Library (iii) Wolf Walk (d) North Carolina State University (iv) Find the future Codes:
Which part of the QR code represents the encoded data?
