Question

Which of the following institutions is primarily concerned with promoting stability in the international monetary system through surveillance and lending?

A Bank for International Settlements (BIS) Correct Answer Incorrect Answer
B International Organization of Securities Commissions (IOSCO) Correct Answer Incorrect Answer
C International Monetary Fund (IMF) Correct Answer Incorrect Answer
D World Bank Correct Answer Incorrect Answer
E World Trade Organization (WTO) Correct Answer Incorrect Answer

Solution

The IMF's core mandate is to ensure the stability of the international monetary system. It does this through 1) Surveillance of members' economies, 2) Lending to countries with BoP problems, and 3) Technical assistance.

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