20 Arab states and Palestine Liberation Organization established a money reserve in 1976. Its name is:
Correct answer: D. Arab Monetary Fund (AMF)
- A. Muslim Fund
- B. Islamic Fund
- C. United Islamic Fund
- D. Arab Monetary Fund (AMF)
Explanation
The Arab Monetary Fund was established in 1976 by Arab states to promote monetary cooperation and financial stability. Its name is therefore distinct from the various proposed Islamic or Muslim funds.
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