Which of the following is the official mandate of the IMF and World Bank?
A) to increase regional equality
B) to facilitate development and ease financial crises
C) to urge the passage of legislation regarding corporate responsibility
D) to increase corporate profitability

Question

Quizplus · Accepted Answer

The official mandate of the International Monetary Fund (IMF) and World Bank is to facilitate development and ease financial crises by providing loans and technical assistance to member countries. The other options listed are not part of their official mandate.

Which of the Following Is the Official Mandate of the IMF