Project Report

On
ROLE OF INTERNATIONAL MONETARY
FUND
In partial fulfillment of requirement for the
Award of Degree of M.Com
Subject:
INTERNATIONAL MARKETING

Submitted By:
Mr. Amir Yassin Khan
Roll No. 753
M.Com. Part II, Semester III
Under the Guidance of:
Prof. Mrs. Manisha Gur
SMT. CHANDIBAI HIMATHMAL MANSUKHANI COLLEGE
ULHASNAGAR 421003
UNIVERSITY OF MUMBAI
2016 2017
1

Department of Commerce

Certificate
Thisistocertifythat,Mr.AmirYassinKhanofM.Com.II,Sem.III(Roll
No. 753), has successfully completed the project titled Role of
InternationalMonetaryFundundermyguidancefortheAcademicYear
201617.Theinformationsubmittedistrueandoriginalaspermyknowledge.
Prof. Mrs. Manisha Gur
(ProjectGuide)

Prof.GopiShamnani MrsManjuLalwaniPathak
(Coordinator,M.ComCourse)
(I/CPrincipal)

ExternalExaminer

DECLARATION
I, Mr.AMIRYKHAN,student of SMT. CHANDIBAI HIMATMAL
MANSUKHANI COLLEGE, ULHASNAGAR studying in M.Com Part II,
(Semester III); I hereby declare that I have completed this project on Role
OFInternationalMonetaryFundforthesubjectINTERNATIONAL
MARKETINGS in the academic year2016-17.The information submitted is
true and original to the best of my knowledge.

ACKNOWLEDGEMENT
I Express My Sincere Thanks To Prof.Mrs. Manisha Gur For Arranging
Such A Valuable and Resourceful Project on Role of International Monetary
Fund And Her Guidance And Care Made The Project Successful
I Would Like To Thank My Principal,MrsManjuLalwaniPathak For
Providing The Necessary Facilities Required For Complition Of The Project
The Guidance And Support Of My Teachers Is The Main Motivational Force
In The Successful Completion Of The Project.
Last But Not The Least, I Would Like To Thanks The Almighty And My
Parents And My Friends For Being With Me Through Out The Project.

AMIR Y KHAN

Executive Summary
The International Monetary Fund (IMF) is an international organization that provides
financial assistance and advice to member countries. The functions of the organization
have become an enduring institution integral to the creation of financial markets
worldwide and to the growth of developing countries.
The IMF was born at the end of World War II, out of the Bretton Woods Conference in
1945. It was created out of a need to prevent economic crises like the Great Depression.
With its sister organization, the World Bank, the IMF is the largest public lender of funds
in the world. It is a specialized agency of the United Nations and is run by its 186 member
countries. Membership is open to any country that conducts foreign policy and accepts the
organization's statutes.
The IMF is responsible for the creation and maintenance of the international monetary
system, the system by which international payments among countries take place. It thus
strives to provide a systematic mechanism for foreign exchange transactions in order to
foster investment and promote balanced global economic trade.
To achieve these goals, the IMF focuses and advises on the macroeconomic policies of a
country, which affect its exchange rate and its government's budget, money and credit
management. The IMF will also appraise a country's financial sector and its regulatory
policies, as well as structural policies within the macro economy that relate to the labor
market and employment. In addition, as a fund, it may offer financial assistance to nations
in need of correcting balance of payments discrepancies. The IMF is thus entrusted with
nurturing economic growth and maintaining high levels of employment within countries.
The IMF gets its money from quota subscriptions paid by member states. The size of each
quota is determined by how much each government can pay according to the size of its
economy. The quota in turn determines the weight each country has within the IMF - and
hence its voting rights - as well as how much financing it can receive from the IMF.
Twenty-five percent of each country's quota is paid in the form of special drawing rights
(SDRs), which are a claim on the freely usable currencies of IMF members. Before SDRs,
the Bretton Woods system had been based on a fixed exchange rate, and it was feared that
there would not be enough reserves to finance global economic growth. Therefore, in 1968,
the IMF created the SDRs, which are a kind of international reserve asset. They were
created to supplement the international reserves of the time, which were gold and the U.S.
dollar. The SDR is not a currency; it is a unit of account by which member states can
exchange with one another in order to settle international accounts. The SDR can also be
used in exchange for other freely-traded currencies of IMF members.

RESEARCH METHODOLOGY

Systemized Method is necessary to gain knowledge. The technique deployed to

analyze and interpret the data for the purpose of hitting the target objective plays a crucial
role. The effective research technique has a significant contribution for effective objective
achievement.

OBJECTIVES OF STUDY
The main objective is to gain everything about IMF. Following are the objectives
of analysis:

To understand the Significance of IMF

To know how it operates.

To gain knowledge of its various units in operation.

To understand the benefit to the people all over the world.

RESEARCH DESIGN
Research design facilitates that smooth sailing of various research operations
thereby making research as efficient as possible, yielding maximal information with
minimal expenditure of effort, time and money. Research Design is the arrangement for
conditioned for data collection & analysis of data in a manner that aims to combined
relevance to research purpose with economy in procedure.
A research design is a master plan or model for the conduct of formal investigation.
It is blue print that is followed in completing study.
In contrast to exploratory studies descriptive studies are typically structured with
clearly stated hypothesis. Descriptive studies are those studies, which are concerned with
describing the characteristics of particularly individual or group.

These studies are concerned with specific predictions, with narration of facts &
characteristics concerning individuals, groups, or situations. The design in such a study
must be rigid & not flexible and must focus attention on the following:o Formulating the objective of study.
o Designing the method of data collection.
o Collection of data.
o Processing & analyzing the data.
o Reporting the findings.

Techniques used
o Collection, Classification, Compilation, Tabulation, Analysis and Interpretation of
information facts and figures relevant to the company.
o Consultation and personal observations.
o Drawing conclusion through analysis of information collected and interpreted.

SOURCES OF INFORMATION
(No Primary Sources are used)

Secondary Sources-

The secondary data has been collected from the following

modes:
o Magazines
o Data through internet sources
o Annual reports of the company.
o Reference books statistical bulletins.

Scope of the study

This study would be useful to know about IMF.

This study would be useful for understanding the reach and Goals of IMF.
8

This study would be useful to students to understand importance and practical

aspect of IMF

INDEX
SR.No.
1.

TITLE
INTRODUCTION

Pg.No.
09

11

3.

14

4.

16

5.

17

6.

20

7.

21

8.

32

9.

34

10.

35

11.

CONCLUSION

44

12.

BIBLIOGRAPHY

46

10

INTRODUCTION

11

CONCLUSION

12

Bibliography
www.wikipedia.org
www.imf.org
www.scribd.com
www.google.co.in

13

14

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