Question - 1
As per the news published in the newspapers, the International Monetary Fund (IMF) praised India's, performance on its economic front. Which of the following is not true in this respect?
I. IMF favoured the cuts in fuel subsidies as part of expenditure measure to create space for spending on priority sectors.
II. IMF was not in favour of huge foreign fund flow to India as it has created an imbalance at regional level. IMF wants India to do something for the same.
III. IMF wants some more structural reforms to be implemented quickly.
Which of the statements given above is/are correct?
- A Only I
- B Only II
- C Only III
- D I and II
- E All of these