2. BUILDING OF IMFHeadquarters building of the IMF located in Washington D.C. Exchange rate stability, balance of payments disequilibrium, and growth of international trade Currently 182 member countries By sharing economic policies the system of buying and selling currencies would be stable
5. SUPPORT TO INDIA India is home to over one-quarter of the world’s poor, and the World Bank Group is focused on sharing best practices as well as financing for development as part of its mission ton help reduce global poverty. - WORLD BANK
6. Joint india - imf training program (ITP) is established in pune. The ITP provides policy-oriented training in economics and related operational fields to officials in india. Courses covers macroeconomics management and policies, financial programming , monetorypolicy, exchange rate policy and foreign exchange operations. The cost of running the ITP program is shared by the IMF, reserve bank of India government of Australia.
7. From ,1970 ,India no longer appointed its own executive director, as it lost its place among the five countries with the largest quota .It was replaced by Japan . IMF gives a lost of recommentations,when they visit India , and the Indian government flush them down the toilet.