Question

19. The following are the institutions of World Bank group. Identify the correct option for which India is not a member.

Identify the correct option

• A. A. 4 only
• B. B. 5 only
  
• C. C. 4 and 5
  
• D. D. None of the above

Answer 1

The correct option is B B. 5 only

19. Answer: B

Explanation:

India is member of

1. International Bank for Reconstruction and Development (IBRD)

2. International Development Association (IDA)

3. International Finance Corporation (IFC)

India was not a founding member of

4. Multilateral Investment Guarantee Agency (MIGA)

India is not a member of

5. International Centre for the Settlement of Investment Disputes (ICSID)

All these 5 bodies are part of World Bank group.