JAMB - Economics (2024 - No. 69)
Which of the following is NOT a function of the IMF?
Providing financial aid to members experiencing balance of payment difficulties
Promoting international monetary cooperation
Exchange rate stabilization
assisting member countries in printing and issuing their currency
Explanation
Assisting member countries in printing and issuing their currency is not a function of the International Monetary Fund (IMF). The IMF focuses on promoting international monetary cooperation, exchange rate stabilization, providing financial aid to countries with balance of payment difficulties, and serving as a clearing house for member countries.
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