Question:

Precautionary Credit Line (PCL) of IMF is

Updated On: Aug 4, 2024

for countries very poor, and have record of implementing policies for poor
for countries with weak fundamentals and policies, and a track record of implementing such policies is poor
for countries which are very rich and a track record of paying the debts
for countries with sound fundamentals and policies, and a track record of implementing such policies

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The Correct Option is D

The correct option is (D):for countries with sound fundamentals and policies, and a track record of implementing such policies.

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