Which of the following institutions are included in the “World Bank Group”? 1. International Finance…
The World Bank Group consists of five closely associated international institutions: IBRD, International Development Association (IDA, 5), International Finance Corporation…
Choose your answer
Which of the following institutions are included in the “World Bank Group”?
1. International Finance Corporation
2. International Monetary Fund
3. World Trade Organization
4. Multilateral Investment Guarantee Agency
5. International Development Association
Answer and explanation
Correct answer D
The World Bank Group consists of five closely associated international institutions: IBRD, International Development Association (IDA, 5), International Finance Corporation (IFC, 1), Multilateral Investment Guarantee Agency (MIGA, 4), and ICSID. The International Monetary Fund (IMF, 2) and the World Trade Organization (WTO, 3) are separate independent organizations and are not part of the World Bank Group.
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UGC NET Commerce