Read the following text.
What are the four pillars of the International Monetary Fund's (IMF) Medium-Term Strategy, as mentioned in the passage?
- A) Strengthening the IMF's role, addressing climate change, promoting gender equality, and fostering digital transformation.
- B) Enhancing engagement on structural and social issues, supporting the recovery from the COVID-19 pandemic, promoting diversity and inclusion, and modernizing operations and governance.
- C) Providing financial support to member countries, conducting surveillance and policy advice, publishing reports and data, and addressing global economic challenges.
- D) Strengthening the IMF's role in a more interconnected world, fostering digital transformation, promoting gender equality, and enhancing cooperation and communication.
Answer as written by the student:
The correct answer is B) Enhancing engagement on structural and social issues, supporting the recovery from the COVID-19 pandemic, promoting diversity and inclusion, and modernizing operations and governance.
Step-by-Step explanation of the answer:
The four pillars of the IMF’s Medium-Term Strategy are:
- to strengthen the IMF’s role in a more interconnected and multipolar world,
- to enhance the IMF’s engagement on structural and social issues,
- to foster a more diverse and inclusive IMF, and
- to modernise the IMF’s operations and governance. 📌
