💥Join UPSC 2027,2028 Mentorship (June Batch) + Access XFactor Notes & Microthemes PDF

Consider the following statements: Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to low-income countries facing high level of indebtedness; Singapore Regional Training Institute (STI) is one of the institutes that provide training in macroeconomics analysis and policy, and related subjects as a part of programme of the IMF Institute. Which of the statements given above is/are correct

Consider the following statements: Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to low-income countries facing high level of indebtedness; Singapore Regional Training Institute (STI) is one of the institutes that provide training in macroeconomics analysis and policy, and related subjects as a part of programme of the IMF Institute. Which of the statements given above is/are correct?

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer:

(b)

Moderate

Explanation

Statement 2 is correct regarding IMF training at the Singapore Regional Training Institute.