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    Question

    Which of the following Statements is/are True? I-

    The United States International Development Finance Corporation (DFC) is the development finance institution of the United States federal government. II- United States Agency for International Development (USAID) is an independent agency of the United States federal government that. III- Both of these organisations are run by the convention set up by the United Nations.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C I & II Correct Answer Incorrect Answer
    D Only III Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    United States Agency for International Development (USAID) is an independent agency of the United States federal government that is primarily responsible for administering civilian foreign aid and development assistance. The United States International Development Finance Corporation (DFC) is the development finance institution of the United States federal government, primarily responsible for providing and facilitating the financing of private development projects in lower- and middle-income countries.

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