UPSC Exam > UPSC Videos > Indian Economy for UPSC CSE > IMF and World Bank
IMF and World Bank Video Lecture | Indian Economy for UPSC CSE
FAQs on IMF and World Bank Video Lecture - Indian Economy for UPSC CSE
| 1. What is the IMF and World Bank? |  |
Ans. The International Monetary Fund (IMF) and the World Bank are two international financial institutions that were created in 1944 at the Bretton Woods Conference. The IMF aims to promote global monetary cooperation, stability, and economic growth, while the World Bank provides financial and technical assistance to developing countries for development projects.
| 2. How do the IMF and World Bank differ in their functions? | |
Ans. The IMF primarily focuses on macroeconomic stability and provides countries with financial assistance during balance of payments crises. It also offers policy advice and technical assistance to member countries. On the other hand, the World Bank focuses on long-term development projects and provides loans and grants to support infrastructure development, poverty reduction, and education, among other areas.
| 3. How are the IMF and World Bank governed? | |
Ans. The IMF is governed by its member countries through a Board of Governors, which consists of representatives from each member country. The Board of Governors appoints an Executive Board that oversees the day-to-day operations of the IMF. The World Bank is also governed by its member countries through a Board of Governors and has a similar governance structure to the IMF.
| 4. How do countries become members of the IMF and World Bank? | |
Ans. To become a member of the IMF or World Bank, a country must apply and meet certain criteria. The country must be recognized as a sovereign state, have the ability to fulfill its financial obligations, and be willing to abide by the institutions' rules and regulations. Once accepted, the country becomes a member and can access the services and benefits provided by the IMF and World Bank.
| 5. How do the IMF and World Bank support developing countries? | |
Ans. The IMF and World Bank provide financial assistance and technical support to developing countries to promote economic development. The IMF offers financial resources to help countries address balance of payments issues, stabilize their economies, and implement necessary reforms. The World Bank provides loans, grants, and technical expertise to support infrastructure projects, poverty reduction programs, education initiatives, and other development efforts in developing countries.
About this Video
1.5K Views
4.92/5
Rating
Sep 04, 2025
Last updated
Related Exams
Video Description: IMF and World Bank for UPSC 2025 is part of Indian Economy for UPSC CSE preparation.
The notes and questions for IMF and World Bank have been prepared according to the UPSC exam syllabus.
Information about IMF and World Bank covers all important topics for UPSC 2025 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for IMF and World Bank.
Introduction of IMF and World Bank in English is available as part of our Indian Economy for UPSC CSE for UPSC & IMF and World Bank in
Hindi for Indian Economy for UPSC CSE course. Download more important topics related with notes, lectures and mock test series for
UPSC Exam by signing up for free.
Description
Video Lecture & Questions for IMF and World Bank Video Lecture | Indian Economy for UPSC CSE - UPSC full syllabus preparation | Free video for UPSC exam to prepare for Indian Economy for UPSC CSE.
Information about IMF and World Bank
Here you can find the meaning of IMF and World Bank defined & explained in the simplest way possible.
Besides explaining types of IMF and World Bank theory, EduRev gives you an ample number of questions to practice IMF and World Bank tests,
examples and also practice UPSC tests.
Related Searches
Sample Paper
,Free
,practice quizzes
,Summary
,Semester Notes
,IMF and World Bank Video Lecture | Indian Economy for UPSC CSE
,MCQs
,past year papers
,Viva Questions
,IMF and World Bank Video Lecture | Indian Economy for UPSC CSE
,Previous Year Questions with Solutions
,Objective type Questions
,video lectures
,study material
,Extra Questions
,mock tests for examination
,shortcuts and tricks
,IMF and World Bank Video Lecture | Indian Economy for UPSC CSE
,ppt
,Important questions
,Exam
;
Study IMF and World Bank on the App
Students of UPSC can study IMF and World Bank alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the IMF and World Bank,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of IMF and World Bank is prepared as per the latest UPSC syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup