Which of the Following Statements Is NOT True of the IMF

Multiple Choice

Which of the following statements is NOT true of the IMF?

A) The IMF's mandate is to promote international monetary cooperation,exchange stability,and orderly exchange arrangements.
B) It is an enduring legacy of the Bretton Woods system.
C) IMF loans usually have to be repaid in one to five years,although payments have been extended in some cases.
D) Each member country has equal capacity to borrow money from the IMF and equal voting powers.