Current Affairs

GK MCQs Section
Q. With reference to International Financial Institutions, consider the following statements regarding Structural Adjustment policies:
  1. Structural adjustments are policies implemented by the World Bank as a condition for financial assistance.
  2. The International Monetary Fund (IMF) also implements structural adjustment policies as part of its lending programs.
Which of the above statements is / are correct?
Answer: Both 1 and 2
Notes: Both the World Bank and the International Monetary Fund (IMF) implement structural adjustment policies as conditions for financial assistance. These policies often require the borrowing country to undertake economic reforms such as privatization, deregulation, and fiscal austerity to promote macroeconomic stability and growth.
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📌 Question Number: 25 in 120: International Organizations, Treaties and Conventions in the above course in App.