Question

In which financial year India signed the Extended Fund Facility Agreement with the IMF?

A 2011-12 Correct Answer Incorrect Answer
B 1981-82 Correct Answer Incorrect Answer
C 1991-92 Correct Answer Incorrect Answer
D 2001-02 Correct Answer Incorrect Answer

Solution

India signed the Extended Fund Facility Agreement with the International Monetary Fund (IMF) in the financial year 1981-82. So,  This agreement was part of India's response to its balance of payments crisis during that period, allowing the country to access extended financial support from the IMF.

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