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International Relations › World Bank,IMF,ADB,International Finance

International Relations › World Bank,IMF,ADB,International Finance

Consider the following statements in respect of the International Bank for Reconstruction and Development (IBRD):
I. It provides loans and guarantees to middle income countries.
II. It works single-handedly to help developing countries to reduce poverty.
III. It was established to help Europe rebuild after World War II.
Which of the statements given above are correct?

Options

(a)

I and II only

(b)

II and III only

(c)

I and III only

(d)

I, II and III

Answer

(C)