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Which Country is the First Developed Nation to Default on Debt of Imf?

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Question

Choose the most appropriate option:

Which country is the first developed nation to default on debt of IMF?

Options

  • Japan

  • UK

  • Greece

  • USA

MCQ
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Solution

Greece

Explanation:

Greece became the first developed country to default to the IMF, an organization of 188 nations that tries to keep the world economy stable.

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National Event (Entrance Exam)
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2015-2016 (May) Set 1

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