The International Monetary Fund (IMF) was established in 1945 with the goals of promoting international monetary cooperation, facilitating international trade, maintaining exchange rate stability, and making financial resources available to member countries. The IMF works to improve member economies through surveillance of their economic policies, technical assistance to strengthen skills and institutions, and providing financial assistance to support reforms. India is a founding member of the IMF and has benefited from membership through access to foreign exchange, membership in other international organizations like the World Bank, economic consultations, and financial help for development plans and during economic crises.

1. Presented by
SOUMYA RANJAN SAHOO

2. Contents
 Introduction
 Problem
 Objectives
 Purpose
 Success
 Function
 IMF & India
 Conclusion

3. Introduction
 The International Monetary Fund was
conceived in July 1944 originally with 45
members and came into existence in
December 1945 when 29 countries signed
the agreement.
 IMF headquarters is in Washington, United
States.
 The IMF works to improve the economies of
its member countries.

4. PROBLEMS
Three main problems are :
*Economic order and piece.
*Reconstruction of
economies
*Stable world piece

5. Objectives Of IMF
1) To Promote International Monetary
Cooperation
2) To Establishment a System of
Multilateral Payments
3) To Maintain Stability in the Rate of
Exchange

6. Purposes of the IMF
o Promote international monetary cooperation.
o Expansion and balanced growth of international trade.
o Promote exchange rate stability.
o The elimination of restrictions on the international flow
of capital.
o Make resources of the Fund available to
members

7. SUCCESS OF IMF
1) International Monetary Cooperation
2) Reconstruction of European Countries
3) Multilateral System of Foreign
Payments
4) Increase in International Liquidity
5) Increase in International Trade

8. FUNCTIONS OF IMF
 Surveillance (like a doctor) Gathering data
and assessing economic policies of countries.
 Technical Assistance (like a teacher)
Strengthening human skills and institutional
capacity of countries.
 Financial Assistance (like a banker) Lending
to countries to support reforms

9. IMF AND INDIA
India is a founder member of IMF. Earlier
India was made a permanent Executive
Director of the Board of Directors.
At present India is no longer a
permanent director. India is now an
elected member of IMF.

10. ADVNANTAGES FROM
MEMBERSHIP OF IMF TO INDIA
1) Facility of Foreign Exchange
2) Freedom from British Pound
3) Membership of the World Bank
4) Importance of India in International
Sector
5) Economic Consultation

11. 6) Help during Emergency
7) Financial help for five Year Plans
8) Special Drawing Rights
9) Help in Foreign Exchange Crisis
10) Profit from Sale of Gold

12. conclusion
 The IMF works to foster global growth
and economic stability. It provides
policy advice and financing to members
in economic difficulties and also works
with developing nations to help them
achieve macroeconomic stability and
reduce poverty.

13. Thank you..
Thank you..