What were the limitations of the IMF and world bank? Mention any two.
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Answer:
The two are
1. They were not equipped to cope up with the challenge of poverty and lack of development.
2. They were controlled by the U.S.A. because it has the veto power.
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michealdiann075:
can it be written for this question- What were the conditionalities imposed by IMF and World Bank on India before liberalization?
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