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Which of the following is not the major objectives of the International Monetary Fund?

A. Promoting co-operation among countries on international monetary issues

B. Giving loans to countries for the purpose of economic development

C. Promoting stability in the exchange rates

D. Promoting free mobility of capital across countries

Answer: Option B


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Related Questions on Business Finance

Match List-I with List-II and select the correct answer:

List-I List-II
a. Modigliani Miller approach 1. Commercial papers
b. Net operating income approach 2. Working capital management
c. Short-term money market instrument 3. Capital structure
d. Factoring 4. Arbitrage

A. a-4, b-3, c-1, d-2

B. a-3, b-4, c-1, d-2

C. a-2, b-3, c-1, d-4

D. a-3, b-2, c-4, d-1