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    Question

    Which of the following Development Institutions provides

    investment, advice, and asset management to companies and governments.
    A International Bank for Reconstruction and Development (IBRD) Correct Answer Incorrect Answer
    B International Development Association (IDA) Correct Answer Incorrect Answer
    C International Finance Corporation (IFC) Correct Answer Incorrect Answer
    D Multilateral Guarantee Agency (MIGA) Correct Answer Incorrect Answer
    E International Centre for the Settlement of Investment Disputes (ICSID) Correct Answer Incorrect Answer

    Solution

    The Multilateral Guarantee Agency (MIGA) insures lenders and investors against political risk such as war. International Bank for Reconstruction and Development (IBRD) provides loans, credits, and grants. International Development Association (IDA) provides low- or no-interest loans to low-income countries. The International Finance Corporation (IFC) provides investment, advice, and asset management to companies and governments. The International Centre for the Settlement of Investment Disputes (ICSID) settles investment-disputes between investors and countries.

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