Which one of the following assists a country through 'Extended Fund Facility', often talked about in news?
- A. International Fund for Agricultural Development
- B. International Monetary Fund ✓
- C. International Bank for Reconstruction and Development
- D. United Nations Development Programme
Correct Answer: B. International Monetary Fund
Explanation
The Extended Fund Facility (EFF) is a lending arrangement provided by the International Monetary Fund (IMF) to assist countries experiencing severe, medium-term balance of payments issues.
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