Subject

    Bank Exam

    Topic

    EXIM Bank Ltd. MTO 2013

    Where is the headquarters of the World Bank located?

    ক)
    New York
    খ)
    Washington DC
    গ)
    London
    ঘ)
    Paris

    Explanation

    The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system. The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

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