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UI Post-UTME Government 2023 (Model questions) Question 22

Question 22

OPEC and Other International Organisations

The International Monetary Fund (IMF) is primarily concerned with:

  1. A.Environmental protection
  2. B.Human rights
  3. C.International monetary cooperation
  4. D.Cultural exchanges
Show the answer and explanation

Answer: C (International monetary cooperation)

Explanation

The IMF promotes international monetary cooperation and stable exchange rates, and lends to countries with balance-of-payments problems.