Which of the following is not the agency of World Bank ?
The World Bank Group consists of five constituent institutions: IBRD, IDA, IFC, MIGA, and ICSID. 'ADB' (Asian Development Bank, established in 1966 and headquartered in…
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Which of the following is not the agency of World Bank ?
Answer and explanation
Correct answer C
The World Bank Group consists of five constituent institutions: IBRD, IDA, IFC, MIGA, and ICSID. 'ADB' (Asian Development Bank, established in 1966 and headquartered in Manila) is an independent regional multilateral development bank and is not an agency of the World Bank.
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UGC NET Commerce