Subject
General Knowledge
Topic
Banking & Financial Institutions
Which of the following is not directly affiliated with the World Bank?
Which of the following is not directly affiliated with the World Bank?
ক)
IMFখ)
MIGAগ)
MRAঘ)
IFCExplanation
The World Bank Group consists of five organizations: The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries. The International Development Association (IDA) provides interest-free loans Together, IBRD and IDA make up the World Bank. The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector. The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth The International Centre for Settlement of Investment Disputes (ICSID) provides international facilities for conciliation and arbitration of investment disputes.Related questions
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