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Regıonal Organızatıons Deneme Sınavı Sorusu #1018717

I. Aims to strengthen member countries' defenses against financial crisis

II. Provides contingent lines of credit concerning fiscal indiscipline.

III. Aims to prevent problems regarding the education sector.

Which of the above is correct regarding the objectives of IMF's Contingent Credit Line?


Only I

Only II

Only III

I and II

I, II and III

Yanıt Açıklaması:

IMF’s Contingent Credit Line (CCL) introduced in 1999. This facility aims to strengthen member countries’ defences against financial crisis, providing contingent lines of credit to be disbursed in case of a crisis concerning fiscal or monetary indiscipline. Only the first two statements are correct. 

PAYLAŞ:

SORUNUN CEVABI: D

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