New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is the investment arm of World

    Bank?
    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 IFC is a sister organization of the World Bank (IDA + IBRD). It is the largest international development institution focused on the private sector in developing countries. It functions as the private sector arm of the WBG.

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