Which of the following statements is TRUE about International Monetary Fund (IMF) ?

A

IMF provide Ways and Means Funds to member countries

B

IMF is an agency of the World Bank and is situated in Prague

C

IMF makes all the rules and regulations in relation to the World Trade between the nations

D

On becoming member of the IMF, countries get nance as temporary Balance of payment needs

E

IMF is an organization oated by the members of NATO and caters to the need of those countries only