Which of the following are correct, relating to the emphasis of International Finance Corporation (IFC)…
To maximize its sustainable development impact, the International Finance Corporation (IFC—private sector arm of the World Bank Group) emphasizes strengthening its focus on…
Choose your answer
Which of the following are correct, relating to the emphasis of International Finance Corporation (IFC) for maximising its sustainable development impact ?
(A) Strengthening its focus on frontier markets, particularly the SME sector.
(B) Building long term partnership with the global players of the developed countries.
(C) Differentiating IFC from its competitions through sustainability.
(D) Addressing constraints to public sector investment in infrastructure, health and education.
(E) Developing domestic financial mamets through institution building and the use of innovative financial procedure.
Answer and explanation
Correct answer B
To maximize its sustainable development impact, the International Finance Corporation (IFC—private sector arm of the World Bank Group) emphasizes strengthening its focus on frontier markets and SMEs (A), differentiating itself through sustainability (C), and developing domestic financial markets through institution building and innovative financial products (E).
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UGC NET Management