Match the following economic institutions with the year of their establishment : List-IList-II (a)…
Matching the international financial institutions with the years they commenced operations / were established: (a) World Bank (IBRD) began operations in June 1946 (i); (b)…
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Match the following economic institutions with the year of their establishment :
| List-I | List-II |
|---|---|
| (a) World Bank | (i) 1946 |
| (b) International Finance Corporation | (ii) 1956 |
| (c) International Development Agency | (iii) 1960 |
| (d) Asian Development Bank | (iv) 1966 |
Answer and explanation
Correct answer A
Matching the international financial institutions with the years they commenced operations / were established: (a) World Bank (IBRD) began operations in June 1946 (i); (b) International Finance Corporation (IFC) was established in 1956 (ii); (c) International Development Association/Agency (IDA) was founded in 1960 (iii); and (d) Asian Development Bank (ADB) was established in 1966 (iv).
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UGC NET Commerce