Question

    Concessional development finance of the World Bank is provided by -

    A IBRD Correct Answer Incorrect Answer
    B IFC Correct Answer Incorrect Answer
    C UNIDO Correct Answer Incorrect Answer
    D IDA Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    IBRD gives non-concessional loans to governments. IDA which is called soft loan window of the world gives concessional loans to poor countries. IFC gives loans to private entities. UNIDO is related with industrial development. UNIDO is not part of the World Bank group.

    Practice Next

    Relevant for Exams:

    ×
    ×