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UK Government, the Law and Your Role

What is the International Monetary Fund (IMF)?

AA European banking and finance organisation that regulates major EU banks
BThe dedicated central bank that exclusively serves the United Nations system
CAn international body promoting monetary cooperation and financial stability
DA UK government financial body that independently sets domestic interest rates

Answer & explanation

The correct answer is An international body promoting monetary cooperation and financial stability.

The IMF is an international organisation of 190 countries that promotes global monetary cooperation, financial stability and international trade. The UK is a member.

This is one of 767 free Life in the UK test questions on Pass the UK Test. It is taken from UK Government, the Law and Your Role and covers imf, international monetary fund, international. Every answer is based on the official Life in the United Kingdom handbook. Browse all questions or take a free mock test.

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