Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Member's Quota in IMF
Quota represents the subscription by a member country to the capital fund of the IMF. Quotas are fixed for each country, taking into account such factors as the country's national income, reserves, export variability and the ratio of exports to national income. Apart from representing the subscription of a country to the IMF, the quota also forms the basis for determining its drawing rights from the IMF, its voting power and share in the allocation of Special Drawing Rights (SDRs). Twenty five per cent of a country's quota is to be contributed in the form of SDRs or foreign exchange and 75 per cent in the country's own currency. Quotas are reviewed by the IMF at periods of not more than five years. Since its inception, with initial size of quotas placed of about $7.5 billion for 40 member-countries, including India, the total quota of the Fund presently stands at SDRs 212.6 billion (about $310 billion). The largest share of 17.5 per cent belongs to the USA, while the smallest share belongs to Palau (0.001 per cent). Each country's voting power is the sum of its "basic votes" and its quota-based votes. Each IMF member has 250 basic votes plus one additional vote for each SDR 1,00,000 of quota. Each member's quota is the most fundamental element in its financial relationship with the IMF. It determines the amount of financing it can receive from the IMF and its share in SDR allocations.
any village panchayat in west bengal and get information for doing a project.
1. Mrs Munyarryun, 67 years, has been retired from her work for two years. She rings for advice about urinary incontinence, a problem she has experienced over the last 6 months. Wh
Two consumers John and grayson like to transfer songs to their phones from jose phone the table represents their willingness to pay and jose willingness to accept for each download
The Industrial Revolution The century after 1750, saw the industrial revolution proper: invention of steam engine, spinning jenny, power loom, hydraulic press, railroad locomot
What factors shift the Aggregate demand curve to right and what factors shift the AD curve to left? AD shifts to the right when any component of AD enhances autonomously; e.g
what are the pros and cons of monopsony
explain convergent and divergent system
Discount Rate The term discount rate relates to business valuations. It is the rate applied to a future torrent of making an income or cash flow to measure its represen
There are two individuals in town, one is high risk and the other is low risk. 1 The probabilities of having an accident for the low risk individual and high risk individual are p
How might governments lower the natural rate of unemployment? An easy way to organise the answer is to separate possible solutions into two broad groups; interventionist and m
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd