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Which of the following statements is/are correct? 1. Subir Gokarn will replace Rakesh Mohan on the Executive Board of the International Monetary Fund (IMF) 2. Subir Gokarn will represent India, Bangladesh, Sri Lanka and Bhutan Fund's (IMF's) Executive Board 3. Subir Gokarn's name was cleared by Appointment Committee of Cabinet 4. Subit Gokarn has been a Deputy Governor at Reserve Bank of India (RBI) 5. The Executive Board of the International Monetary Fund (IMF) is responsible for conducting the day-to-day business of the IMF

Which of the following statements is/are correct? 1. Subir Gokarn will replace Rakesh Mohan on the Executive Board of the International Monetary Fund (IMF) 2. Subir Gokarn will represent India, Bangladesh, Sri Lanka and Bhutan Fund's (IMF's) Executive Board 3. Subir Gokarn's name was cleared by Appointment Committee of Cabinet 4. Subit Gokarn has been a Deputy Governor at Reserve Bank of India (RBI) 5. The Executive Board of the International Monetary Fund (IMF) is responsible for conducting the day-to-day business of the IMF Correct Answer All of the above

The correct answer is All of the above.

Key Points

  • Subir Gokarn was Indian economist.
    • He was India's executive Director at IMF.
    • Former Deputy Governor of the Reserve Bank of India.
    • Represented India, Bangladesh, Sri Lanka and Bhutan at the IMF Executive Board.
    • Executive Director on the board of International Monetary Fund (IMF) in November 2015.

Additional Information

  • International Monetary Fund
    • 190 member countries
    • created in 1944 in Bretton Wood's conference along with IBRD or World Bank
    • Aim is to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
    • Primary purpose - ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other.
    • Headquarter - Washington DC, United States
    • Chief Economist - Gita Gopinath

Related Questions

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