MCQOPTIONS
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| 1. |
International Monetary Fund helps India with |
| A. | short term capital to hide over any temporary difficulty in Balance of Payments |
| B. | long term capital for purposes of reconstruction and development |
| C. | medium-term capital to build up infrastructure |
| D. | grants at subsidised rates to stimulate private investment |
| Answer» C. medium-term capital to build up infrastructure | |