International Business

1:

According to the credit tranche policy of the IMF, credit is made available in

A.

Five tranches, each equivalent to 20% of country's qouta

B.

Four tranches, each equivalent to 25% of country's quota

C.

Ten tranches, each equivalent to 10% of country's SDRs

D.

Four tranches, each equivalent to 25% of country's SDRs

 

Answer : B

Explanation :

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Option: A

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