India, China, South Korea, Brazil and Mexico will see some of the largest gains in their quota shares in the International Monetary Fund to bring them closer to their evolving position in the world economy.

The five nations are among 54 members which will receive an increase in their quotas once the 2008 reform for improving IMF governance is implemented, the Fund said ahead of a gathering of finance ministers and central bank governors from around the world here from April 24 to 26.