INTERNATIONAL MONETARY FUND

A
PROJECT REPORT
ON

INTERNATIONAL MONETARY FUND

BACHELOR OF COMMERCE IN BANKING AND INSURANCE

(SEMESTER V)

Under the Guidance of

PROF. BHAKTI MULCHANDANI

Submitted
In Partial Fulfillment of the requirement for the Award of the degree
of Bachelor of commerce in Banking and insurance

Submitted by:

RAJESH BHAURAO BAISANE

ROLL NO. 1728011
SHRI SIDH THAKURNATH COLLEGE OF ARTS
& COMMERCE
ULHASNAGAR 421 004

UNIVERSITY OF MUMBAI 2017-2018

 ACKNOWLEDGEMENT

My project is a result of the inspiring and thoughtful guidance and supervision of

my project guide PROF. BHAKTI MULCHANDANI I am deeply indebted to her
whose help, time, support, inspiration, stimulating suggestions and encouragement helped
me in all the times of research and writing of this report.

This project has widened my horizon to various areas under general knowledge
regarding the practical and real aspects of INTERNATIONAL MONETARY FUND".

I whole heartedly thank all the concerned people at college as well as at university
level, who have given me the chance for preparing this valuable project.

I would further like to thanks our Principal Sir Dr. J.C. Purswani for giving me
an opportunity to complete our Project

Last but not least, this Project has definitely helped me to achieve something
which will be useful to us in near future and hence I am thankful to all persons who have
helped in knowledge.
 DECLARATION

I, RAJESH BHAURAO BAISANE student of TYBCBI (Bachelor of

Commerce in Banking and Insurance) hereby declare that I have
completed the Project on INTERNATIONAL MONETARY FUND in the
academic year 2017-18.

The information submitted is true and original to the best of my

knowledge.

RAJESH B BAISANE.
{T.Y.BBI}
 EXECUTIVE SUMMARY

The IMF collaborated with other organizations in important initiatives including

the G20 Mutual Assessment Process and the Financial Stability Board. These
collaborations were largely effective in addressing aspects of the crisis and also enhanced
the traction of IMF advice. Looking forward, to protect the institutions independence
and to ensure uniform treatment of the entire membership, the IMF should develop
guidelines for structuring such collaboration arrangements that clarify the parties roles
and accountabilities.

To be better positioned to respond to the next crisis, the IMF should aim to have
resources in place in advance of a need arising, relying primarily on member quotas to
reduce uncertainty and to strengthen its legitimacy

Two reforms would enhance the IMFs ability to warn about emerging systemic risks.
First, the IMF needs to consolidate the initiatives aimed at identifying risks and
vulnerabilities, and it should better disseminate their findings to authorities. Second, it
should focus its financial sector surveillance on the five to seven truly systemic financial
centers.
 OBJECTIVES OF IMF

To bring about international monetary cooperation.

To ensure stability in foreign exchange rates.

To eliminate exchange control.

To establish system of multinational trade and payments system.

To promote international trade.

To help member nations to achieve balanced economic growth.

To eliminate of to reduce the disequilibrium in the balance of payments.

To promote investment of capital in backward and under developed countries

 INDEX

SR. NO. TOPIC PAGE

NO.
1 INTRODUCTION IMF 1-8
1.1 Meaning
1.2Defination
1.3 Disadvantages
1.4 Objective of the study
2 HISTORY OF IMF 9-13
2.1 Bretton wood system
3 Framework of IMF 14-17
3.1 The IMF bails out, but will this stop the bailouts
3.2 Back to the drawing board
4 THE PRESENT WORKING CONDITION OF IMF 18-22
4.1Standards and Codes
4.2 Financial Sector
4.3 Crisis Resolution
5 OVERVIEW OF IMF 23-27
5.1The Global Economy
5.2 Surveillance
5.3 Financing
5.4 Policy Agenda
5.5 Capacity Development
5.6 Resources
5.7 A Changing IMF
6 GLOBAL ECONOMIC AND FINANCIAL 28-31
DEVELOPMENT
6.1Turning the Corner at Different Speeds
6.2 Achieving a Full-Speed Global Economy
7 ADAPTING TO A RAPIDLY CHANGING WORLD 32-47
7.1 Monitoring Global Interconnections
7.2 Policy Advice
7.3 Low-Income Countries
7.4 Small States
7.5 Program Design
8 CONFRONTING THE ONGOING GLOBAL CRISIS 48-58
8.1 Managing Directors Global Policy Agenda
8.2 Financing
8.3 Engagement with Other Organizations

A) QUESTIONNAIRE I
B) QUESTIONNAIRE SERVEY REPORT II-VI
C ) CONCLUSION VII

D) BIBLIOGRAPHY VIII