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    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:
    A 1, 2 and 3 Correct Answer Incorrect Answer
    B 2 and 3 Correct Answer Incorrect Answer
    C 1 and 2 Correct Answer Incorrect Answer
    D 1 and 3 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    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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