General perception is the World Bank means IBRD only, but official website says its IBRD and IDA both. Founded in 1944, the International Bank for Reconstruction and Development—soon called the World Bank—has expanded to a closely associated group of five development institutions. Originally, its loans helped rebuild countries devastated by World War II. In time, the focus shifted from reconstruction to development, with a heavy emphasis on infrastructure such as dams, electrical grids, irrigation systems, and roads. With the founding of the International Finance Corporation in 1956, the institution became able to lend to private companies and financial institutions in developing countries. And the founding of the International Development Association in 1960 put greater emphasis on the poorest countries, part of a steady shift toward the eradication of poverty becoming the Bank Group’s primary goal. The subsequent launch of the International Centre for Settlement of Investment Disputes and the Multilateral Investment Guarantee Agency further rounded out the Bank Group’s ability to connect global financial resources to the needs of developing countries.
Damodar Mauzo has received the prestigious Jnanpith Award, the country's highest literary honor.He belongs to which state?
What is the shortcut key to save the opened document?
A device that provides surge protection and battery backup is called _______.
Recently A new media company “Hana Kuma” has been launched by?
India translocated a tigress from Tadoba-Andhari Tiger Reserve to which tiger reserve in Odisha to enhance genetic diversity?
Which of the following is not an example of Operating System?
Which is not a topology among these?
In machine or assembly language, the code that defines the fundamental tasks for the CPU is known as
Which of the devices converts drawing, printed text or other images into digital form ?
________ is a rectangular box that occurs at the intersection of a vertical column and a horizontal row in a worksheet.