Question

Which of the following international institutions is primarily responsible for providing long-term capital for economic development projects in developing countries?

Q: Answer-Which of the following international institutions is primarily responsible for providing long-term c...

World Bank Group WBG Its core mission is long-term poverty reduction and economic development . It provides long-term loans, grants, and technical assistance for specific projects e.g., building roads, schools, health systems and policy reforms in developing countries. IMF Focuses on short-to-medium-term macroeconomic stability . It provides financial assistance and policy advice to countries facing balance of payments crises. BIS Functions as a central bank for central banks, focusing on international monetary and financial cooperation, and banking supervision Basel Accords. IOSCO Sets global standards for securities markets regulation . WTO Deals with global trade rules .