Q. Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following? 
Answer: B
Notes:
Exp) Option b is the correct answer.
The Rapid Financing Instrument (RFI) provides rapid financial assistance, which is available to all member countries of IMF facing an urgent balance of payments need. The RFI was created by the International Monetary Fund (IMF).
The Rapid Credit Facility (RCF) provides rapid concessional financial assistance to low-income countries (LICs) facing an urgent balance of payments (BoP) need. The RCF was created under the IMF’s Poverty Reduction and Growth Trust (PRGT).
Sources: https://www.imf.org/en/About/Factsheets/Sheets/2016/08/02/19/55/Rapid-Financing-Instrument
https://www.imf.org/en/About/Factsheets/Sheets/2016/08/02/21/08/Rapid-Credit-Facility
