Junior Auditor Past Paper 08-07-2023

What is the main purpose of the IMF?

A. To provide loans for military development

B. To promote international trade only

C. To promote global monetary cooperation, ensure financial stability, and help countries in need

D. To manage the global stock markets

What is the IMF’s “Article IV” consultation?

A. A process to offer loans to low-income countries

B. A policy used to assess the economic health and stability of a country

C. A review mechanism for trade agreements

D. A process for organizing global summits