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International Monetary Fund
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Formed
27th December 1945
HQ
Washington DC
Members:
191 countries
Founded under?
Bretton woods Institution
Founding daddy?
John Maynard Keynes
India joined?
December 27 1945
India’s executive director at the IMF also represents what countries?
Bangladesh, Sri Lanka and Bhutan
Board of Governors composition?
1 main and the other is subordinate.
Main governor: Finance Minister or Governor of the Central Bank
Voting criteria?
The more funds a country contributes to the IMF, the more important the vote
IMFC full form + members?
International Monetary and Financial Committee + 24 members
DC full form + members?
Development Committee + 25 members
Managing Director?
Kristina Georgiva
Tenure of the MD?
5 years
Largest Recipient?
India
India’s SDR Quota
2.5%
Vote weight?
2.63%
Fiscal Monitor launched?
2009
Frequency of World Economic Outlook?
Twice a year