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The World Bank institutions and their objective: The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. All these organizations are headquartered in Washington, D.C., United States. The International Development Association (IDA) is an international financial institution which offers concessional loans and grants to the world's poorest developing countries. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income. The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development. The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries. It was established in 1944 with the mission of financing the reconstruction of European nations devastated by World War II. The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. Such guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. It was established in 1988 as an investment insurance facility to encourage confident investment in developing countries. The International Centre for Settlement of Investment Disputes (ICSID) is an international arbitration institution established in 1965 for legal dispute resolution and conciliation between international investors. It is an autonomous, multilateral specialized institution to encourage international flow of investment and mitigate non-commercial risks by a treaty drafted by the International Bank for Reconstruction and Development's executive directors and signed by member countries.
If {x + (1/x)} = 7, then find the value of {x2 - (1/x)2}.
If x2 – 8√2x + 1 = 0, then what is the value of x3 + 1/x3.
In a best-of-two chess match between Player X and Player Y, the probability that Player X wins a game is (5/9), and the probability that Player Y loses ...
A carriage travelling in fog passed along a man who was walking @ 6 km/hr in the same direction. He could see the carriage for 8 minutes and it was visi...
Before servicing, a car runs at a speed of 25 km/hr while after servicing, it runs at a speed of 50 km/h. After servicing the car covers a certain dista...
Out of total number of people in an office, 40% are males. Ratio of number of married to that of unmarried people in the office is 3:2 while ratio of nu...
If (a + b)2 = 18 + c2, (b + c)2 = 22 + a2 and (c + a)2 = 24 + b2, then find the va...
If both the roots of x 2 + kx + 49 = 0 are real and equal, then find the value of 'k'.