Question
India is a member of which of the following
institutions? 1. International Bank for Reconstruction and Development (IBRD) 2. International Development Association (IDA) 3. Multilateral Guarantee Agency (MIGA) Select the correct answer using the code given below:Solution
International Bank for Reconstruction and Development (IBRD) - India became a member of IBRD in December 1945. International Development Association (IDA) - India one of the founding members of this concessional financing institution. Multilateral Guarantee Agency (MIGA) - India became a member of MIGA in January 1994.
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