The new role of the IMF is performed through the functions of:
A)receipt,a contract and a document of title.
B)a sight draft,a time draft and a banker's acceptance.
C)a cover note,insurance document and security title.
D)surveillance,lending and technical assistance.

Question

Quizplus · Accepted Answer

The functions of the IMF are surveillance, lending, and technical assistance. These functions aim to promote international monetary cooperation, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Receipt, contract, document of title, sight draft, time draft, banker's acceptance, cover note, insurance document, and security title are terms related to commercial transactions or insurance, but they are not directly related to the functions of the IMF.

The New Role of the IMF Is Performed Through the Functions