"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?
- AAsian Development Bank
- BInternational Monetary FundCorrect
- CUnited Nations Environment Programme Finance Initiative
- DWorld Bank
Explanation

Related questions
More UPSC Prelims practice from the same subject and topic.
- Prelims 2022GS1economy
With reference to the Indian economy, consider the following statements: 1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee. 2. An increase in the Real Effect…
- Prelims 2022GS1economy
Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?
- Prelims 2022GS1economy
Consider the following statements: 1. Tight monetary policy of US Federal Reserve could lead to capital flight. 2. Capital flight may increase the interest cost of firms with existing External Commerc…
- Prelims 2022GS1economy
With reference to the Indian economy, consider the following statements: 1. If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities. 2. If the rupee is rapidly…
- Prelims 2022GS1economy
With reference to the Indian economy, what are the advantages of "Inflation-Indexed Bonds (IIBs)"? 1. Government can reduce the coupon rates on its borrowing by way of IIBs. 2. IIBs provide protection…
- Prelims 2022GS1economy
With reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are correct? 1. They can sell their own goods in addition to offering their platforms as marke…