Question:medium

Given below are two statements :
Statement I : The International Monetary Fund (IMF) is an international organization that oversees those financial institutions and regulations that act at the international level.
Statement II : All the 189 members of IMF organization have equal say.
In the light of above statements, choose the correct answer from the options given below :

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IMF decision-making power is based on financial quotas, NOT equal representation. The US and G7 nations dominate voting rights, making statement II false!
Updated On: Aug 11, 2026
  • Both statement I and statement II are true.
  • Both statement I and statement II are false.
  • Statement I is true, but statement II is false.
  • Statement I is false, but statement II is true.
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The Correct Option is C

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