The term ‘Base Erosion and Profit Shifting’ is sometimes seen in the news in the context of
International Relations › World Bank,IMF,ADB,International Finance
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International Relations › World Bank,IMF,ADB,International Finance
With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:
1. IMFC discusses matters of concern affecting the global economy, and advises the
International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in IMFC’s meetings.
Which of the statements given above is/are correct?Options
Answer
(C)