Explanation
- A
Asian Development Bank
Asian Development Bank. ADF/OCR lending, not RFI/RCF.
- B
International Monetary Fund
IMF. Rapid Financing Instrument (GRA) and Rapid Credit Facility (PRGT) are IMF emergency windows.
- C
United Nations Environment Programme Finance Initiative
UNEP FI. A partnership with banks, not a lender of last resort.
- D
World Bank
World Bank. IDA/IBRD, DDO and CAT-DDO sit here, not RFI/RCF.
Summary. Official key is (b) IMF. RFI is a GRA rapid-disbursing facility; RCF is the concessional PRGT cousin for low-income members. ADB, UNEP FI and the World Bank are other finance brands.
Same topic · past papers
UPSC has asked this before
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