India’s voting share in IMF increased to 2.6 %
Q. India’s voting share in IMF is- Published on 01 Feb 16a. 2.69%
b. 3.10%
c. 2.10%
d. 1.75%
ANSWER: 2.69%
In long-pending reforms that came into effect, emerging and developing economies gained more influence in the governance architecture of the International Monetary Fund (IMF). India’s voting rights increase to 2.6 per cent from the current 2.3 per cent, and China’s, to 6 per cent from 3.8, as per the new division. Russia and Brazil are the other two countries that gain from the reforms.
