When did India join the IMF?

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The correct answer is 1945.
India joined the International Monetary Fund on December 27, 1945, as one of the IMF's original members. India is a subscriber to the Special Data Dissemination Standard. While India has not been a frequent user of IMF resources, IMF credit has been instrumental in helping India respond to emerging balance of payments problems on two occasions. In 1981-82, India borrowed SDR 3.9 billion under an Extended Fund Facility, the largest arrangement in IMF history at the time. In 1991-93, India borrowed a total of SDR 2.2 billion under two stand by arrangements, and in 1991 it borrowed SDR 1.4 billion under the Compensatory Financing Facility.

Correct!
India joined the International Monetary Fund on December 27, 1945, as one of the IMF's original members. India is a subscriber to the Special Data Dissemination Standard. While India has not been a frequent user of IMF resources, IMF credit has been instrumental in helping India respond to emerging balance of payments problems on two occasions. In 1981-82, India borrowed SDR 3.9 billion under an Extended Fund Facility, the largest arrangement in IMF history at the time. In 1991-93, India borrowed a total of SDR 2.2 billion under two stand by arrangements, and in 1991 it borrowed SDR 1.4 billion under the Compensatory Financing Facility.

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The correct answer is 2003.
India became a creditor to the International Monetary Fund in May 2003 on the basis of its strong balance of payments and foreign exchange reserves position. India contributed $498 million to the IMF's Financial Transaction Plan, thus turning from a debtor into a lender to the IMF. It made a contribution of $498 million to the International Monetary Fund. The Reserve Bank of India's latest figures say that India's official reserve assets with the IMF had risen to $1,312 million till January 2004.

Correct!
India became a creditor to the International Monetary Fund in May 2003 on the basis of its strong balance of payments and foreign exchange reserves position. India contributed $498 million to the IMF's Financial Transaction Plan, thus turning from a debtor into a lender to the IMF. It made a contribution of $498 million to the International Monetary Fund. The Reserve Bank of India's latest figures say that India's official reserve assets with the IMF had risen to $1,312 million till January 2004.

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The correct answer is 1991.
The IMF Resident Office in New Delhi was opened in 1991. The primary function of the office is to facilitate the flow of information between the Government of India, the Reserve Bank of India, and the IMF. The current resident representative of the IMF in India is Michael Wattleworth. The office also employs Poonam Gupta, an economist on leave from IMF headquarters and Sudip Mohapatra as Economist. Alex Jaini has been the Administrative Officer since the office was opened.

Correct!
The IMF Resident Office in New Delhi was opened in 1991. The primary function of the office is to facilitate the flow of information between the Government of India, the Reserve Bank of India, and the IMF. The current resident representative of the IMF in India is Michael Wattleworth. The office also employs Poonam Gupta, an economist on leave from IMF headquarters and Sudip Mohapatra as Economist. Alex Jaini has been the Administrative Officer since the office was opened.

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The correct answer is Raghuram G Rajan.
Raghuram G Rajan, Professor of Finance at the Graduate School of Business, University of Chicago, is the first person of Indian origin chosen by the International Monetary Fund as its chief economist. At 40, he is not only the youngest individual to hold this position, but also the first from a developing nation. Co-author of the book Saving Capitalism from the Capitalists, (Crown Business, New York, 2003), Rajan has sought to steer clear of the ideological position espoused by the extreme-right Chicago school of economists. He is a firm believer in the virtues of a free market system. He is an electrical engineering graduate from the Indian Institute of Technology, Delhi and also holds an MBA from the Indian Institute of Management, Ahmedabad.

Correct!
Raghuram G Rajan, Professor of Finance at the Graduate School of Business, University of Chicago, is the first person of Indian origin chosen by the International Monetary Fund as its chief economist. At 40, he is not only the youngest individual to hold this position, but also the first from a developing nation. Co-author of the book Saving Capitalism from the Capitalists, (Crown Business, New York, 2003), Rajan has sought to steer clear of the ideological position espoused by the extreme-right Chicago school of economists. He is a firm believer in the virtues of a free market system. He is an electrical engineering graduate from the Indian Institute of Technology, Delhi and also holds an MBA from the Indian Institute of Management, Ahmedabad.

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The correct answer is Bobby P Mishra.
B (Bobby) P Mishra, additional secretary in the finance ministry, is India Executive Director to the International Monetary Fund. Bobby Mishra, who handled the Fund Bank and external finance division in the Department of Economic Affairs, succeeded Yaga V Reddy at the IMF, who returned after just a few months into his tenure to take over as the Reserve Bank of India Governor. Prior to Y V Reddy, Vijay Kelkar, was assigned to the IMF.

Correct!
B (Bobby) P Mishra, additional secretary in the finance ministry, is India Executive Director to the International Monetary Fund. Bobby Mishra, who handled the Fund Bank and external finance division in the Department of Economic Affairs, succeeded Yaga V Reddy at the IMF, who returned after just a few months into his tenure to take over as the Reserve Bank of India Governor. Prior to Y V Reddy, Vijay Kelkar, was assigned to the IMF.