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PSIR Optional PYQ Solutions · Model answer

Comment: IMF and India’s development.

  • UPSC 2003
  • 20 marks
  • India and the Global South

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The IMF was designed at Bretton Woods in 1944 to deal with balance-of-payments problems, not development, which was the World Bank's task. Its effect on India's development has therefore been indirect: it mattered most when crises forced India to borrow, and its conditions shaped the timing and form of policy change. Whether that helped or…

You are reading the opening of the model answer. The full answer is part of the PSIR Optional PYQ Solutions.

What the full answer covers

  • Phases of influence
  • The case that the Fund helped
  • The critical view
  • The present relationship
  • Conclusion
PSIR Optional PYQ Solutions

PSIR Optional PYQ Solutions

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