Question

    Which of the following is the highest lending arm of the

    World Bank?
    A International Development Association Correct Answer Incorrect Answer
    B International Bank of Reconstruction and Development Correct Answer Incorrect Answer
    C International Finance Corporation Correct Answer Incorrect Answer
    D Multilateral Investment Guarantee Agency Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The World Bank Group has four Boards of Executive Directors representing the four institutions of the World Bank Group: International Bank for Reconstruction and Development (IBRD), International Development Agency (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA).

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