How international monetary system Works | Banking Awareness

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  • Опубликовано: 7 фев 2025
  • How international monetary system Works | Banking Awareness #parcham #bankingawareness
    This video is helpful for students who are preparing for UPSC, SSC and Banking. This video covers the International Monetary System, main components of which are: exchange rates, international reserves, and major institution roles-the IMF, World Bank, and WTO. We explain here how the exchange rate functions in changing the value of currencies, how international reserves function in stabilizing an economy, the IMF governs the world monetary system, while the World Bank deals with development and poverty reduction. The WTO oversees the rules of international trade and adjudicates disputes arising under its purview. We discuss the objectives of the IMS-economic stability, trade, and poverty reduction-while pointing out the challenges that have to be met, such as global imbalances and financial crises.
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Комментарии • 10

  • @ParchamClasses
    @ParchamClasses  5 месяцев назад +2

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  • @nishikakagra673
    @nishikakagra673 Месяц назад +1

    This is MUST WATCH to understand International Monetary System 🔥

  • @rzk2008
    @rzk2008 4 месяца назад +1

    Thank you sir for your so nice class.

  • @rahulghoshyt
    @rahulghoshyt 4 месяца назад +1

    Thank you sir

  • @chinustime2023
    @chinustime2023 5 месяцев назад

    Excellent Class ❤👌

  • @ashakumari-nz9uc
    @ashakumari-nz9uc 5 месяцев назад

    QOTD A) economic growth and financial stability
    Thank you for the session

  • @jagriti4907
    @jagriti4907 4 месяца назад +1

    47:24 sir export and import are considered under balance of trade and not balance of payments...please mention this...as balance of payments is a much wider term

  • @deepikathakur6739
    @deepikathakur6739 4 месяца назад

    Nice very fruitful session sir 🎉🎉sir plss tell me how to join your banking classes online paid session banking exam

  • @rzk2008
    @rzk2008 4 месяца назад

    Sir please suggest a book for key words of Economics.

  • @hayatiyousuf9800
    @hayatiyousuf9800 5 месяцев назад +1

    Question of the day
    A) Economics growth and financial stability😊