The member country of IMF is selected on the basis
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IMF funds come from two major sources: quotas and loans. Quotas, which are pooled funds of member nations, generate most IMF funds. The size of a member's quota depends on its economic and financial importance in the world. Nations with greater economic significance have larger quotas.
Purpose: Promote international monetary co-operation, facilitate international trade, f...
Main organ: Board of Governors
Membership: 190 countries
Managing Director: Kristalina Georgieva
Answered by
2
Answer:
IMF funds come from two major sources: quotas and loans. Quotas, which are pooled funds of member nations, generate most IMF funds. The size of a member's quota depends on its economic and financial importance in the world. Nations with greater economic significance have larger quotas.
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