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Which of the following is NOT a function of the IMF?

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Economics JAMB 2024

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 checkmark

The correct answer is: D

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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