Question

    The World Bank Group is an extended family of five international organizations, which of the following organizations is not a part of the Group?

    A International Development Association (IDA) Correct Answer Incorrect Answer
    B International Finance Corporation (IFC) Correct Answer Incorrect Answer
    C New Development Bank (NDB) Correct Answer Incorrect Answer
    D International Centre for Settlement of Investment Disputes (ICSID) Correct Answer Incorrect Answer
    E Multilateral Investment Guarantee Agency (MIGA) Correct Answer Incorrect Answer

    Solution

    The World Bank Group is an extended family of five international organizations, and the parent organization of the World Bank, the collective name given to the first two listed organizations, the IBRD and the IDA: International Bank for Reconstruction and Development (IBRD) International Development Association (IDA) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) International Centre for Settlement of Investment Disputes (ICSID)

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