Which of the following statements about International Monetary Fund (IMF) are correct? 1. The IMF is a United Nations specialised agency. 2. The IMF was founded

Question

Which of the following statements about International Monetary Fund (IMF) are correct?
1. The IMF is a United Nations specialised agency.
2. The IMF was founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation.
3. The objective of the IME is to stabilise currency exchange rates and to expand international liquidity (access to hard currencies).
Select the correct answer using the codes given below:

Accepted Answer

(A) 1, 2 and 3

Answer

(B) 2 and 3

Answer

(C) 1 and 2

Answer

(D) 1 and 3