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"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?

UPSC · 2022 · International Relations
Question:
"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?

Options

Asian Development Bank
International Monetary Fund
United Nations Environment Programme Finance Initiative
World Bank
Answer: International Monetary Fund

Explanation:
Both instruments are quick-disbursing financial facilities provided by the IMF to member countries facing balance of payment crises or emergencies.

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