The World Bank Group is a family of five international organizations that make leveraged loans to developing countries. The two most prominent components are the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The World Bank's primary focus is poverty reduction and promoting shared prosperity by providing financial support, policy advice, and technical assistance for development projects in areas like infrastructure, education, health, and environmental sustainability.
Which one of the following international organizations provides financial assistance and technical expertise to developing countries, including India, to support various developmental projects?
Asked in UPSC Combined Section Officer 2019 20 · Topic: Balance of Payments (BoP) (Definition and Significance of Balance of Payments (BoP))
More External Sector of Economy questions
- The headquarters of the World Bank are at —
- The headquarters of World Trade Organization are at—
- Balance of payment is defined as :
- On the basis of size and composition of external debt, World Bank has classified India as
- India became a member of International Monetary Fund in
- Match List I with List II and select the correct answer using the codes given below the Lists: List I List II I. A) Provides loans to address short- WTO term balance of payment problems II. IDA B) Multi-lateral trade negotiation body III. C) Sanction of soft loans IMF D) Facilitating lending’s and borrow‐ IV. ings for reconstruction and develop‐ IBRD ment Codes:
- Consider the following organisations: I. International Bank for Reconstruction and Development II. International Finance Corporation III. International Fund for Agricultural Development IV. International Monetary Fund Which of these are agencies of the United Nations?
- The earlier name of WTO was