Question

What is one of the major functions of the IMF?

a.

Overseeing military alliances

b.

Surveillance of the global economy

c.

Regulating banks

d.

Encouraging fixed exchange rates

Posted under IC 89 Management Accounting

Answer: (b).Surveillance of the global economy Explanation:One of the major functions of the IMF is the surveillance of the global economy to oversee the international monetary and financial systems.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is one of the major functions of the IMF?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. How has surveillance evolved since the demise of the Bretton Woods System?

View solution

Q. What was the role of the IMF in the wake of the financial crisis of 2007?

View solution

Q. What was the policy action taken after the financial crisis of 2007?

View solution

Q. What did the G-20 Leaders recognize at their Summit in Seoul in 2010?

View solution

Q. What does the IMF assess based on the policy decision of the Seoul Summit in 2010?

View solution

Q. What does international finance examine and explore?

View solution

Q. What does the International Monetary System constitute?

View solution

Q. What does the International Financial System cover and include?

View solution

Q. What is facilitated by the international monetary system?

View solution

Q. What was established in 1947 to improve world trade?

View solution

Q. What replaced GATT in 1995?

View solution

Q. What were some factors contributing to the 2007 financial crisis?

View solution

Q. What is Foreign Direct Investment (FDI)?

View solution

Q. What are the two types of FDI?

View solution

Q. What are the various ways for FDI?

View solution

Q. Under what routes can an Indian company receive Foreign Direct Investment (FDI)?

View solution

Q. What is the Balance of Payment (BOP) account?

View solution

Q. What are the three main components of the BOP account?

View solution

Q. What are the stated objectives of the IMF?

View solution

Q. Under the 'Gold Standard' Financial System from 1873-1914, which of the below were used as Reserve Assets?

View solution
View All MCQs on IC 89 Management Accounting

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Cost Accounting

Dive into the realm of Cost Accounting with our specialized category. Explore cost...

Corrosion Engineering

Master the art of preventing material deterioration with our Corrosion Engineering...

Engineering Materials

Discover the building blocks of engineering with our Engineering Materials category....

Basic Electrical Engineering

Master the fundamentals of Electrical Engineering with our specialized category....

IC 89 Management Accounting

Boost your preparation for the IC 89 Management Accounting exam with our extensive...

Concrete Technology

Welcome to Concrete Technology, a category that unravels the secrets behind the...

Genetic Engineering

Unlock the potential of Genetic Engineering with our dedicated category. Explore gene...

Human Anatomy and Physiology

Embark on a journey through the human body with our Human Anatomy and Physiology...

Biochemical Engineering

Master the synergy of biology and engineering with our Biochemical Engineering...