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?
International Relations › World Bank,IMF,ADB,International Finance
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International Relations › World Bank,IMF,ADB,International Finance
Options
Answer
(C)
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International Relations › World Bank,IMF,ADB,International Finance
With reference to Asian Infrastructure Investment Bank (AIIB), consider the following statements :
1. AIIB has more than 80 member nations.
2. India is the largest shareholder in AIIB.
3. AIIB does not have any members from outside Asia.
Which of the statements given above is/are correct?Options
Answer
(A)
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International Relations › World Bank,IMF,ADB,International Finance
With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:
1. IMFC discusses matters of concern affecting the global economy, and advises the
International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in IMFC’s meetings.
Which of the statements given above is/are correct?Options
Answer
(C)