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in Economics by (70.1k points)

'Conditionality' of an IMF loan to a member country stands for:

(a) interest and repayment terms of the loan 

(b) an assessment of the credit worthiness of the borrower 

(c) schedule of disbursement of loan installments 

(d) the policy steps which the borrower country must take

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(d) the policy steps which the borrower country must take

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