Consider the following statements about Multilateral Investment Guarantee Agency:
$1$ . It encourages foreign investment in developing economies by offering insurance to foreign private investors against loss caused by non-commercial risks.
$2$ . It is an institution of International Monetary Fund.
Which of the given statements is/are correct?

1

only

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2

only

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1

and

2

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Neither

1

nor

2

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Solution

The correct option is A $1$ only
MIGA is a member of the World Bank Group. Its mission is to promote foreign direct investment (FDI) into developing countries to help support economic growth, reduce poverty, and improve people's lives. It was set up in 1988. It encourages foreign investment in developing economies by offering insurance to foreign private investors against loss caused by non-commercial risks.

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14. Consider the following statements,
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Q. विश्व बैंक समूह के संदर्भ में, निम्नलिखित कथनों पर विचार कीजिए:

बहुपक्षीय निवेश गारंटी एजेंसी (MIGA) राजनीतिक जोखिम बीमा प्रदान करके विकासशील अर्थव्यवस्थाओं में विदेशी निजी निवेश को बढ़ावा देती है।
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अंतर्राष्ट्रीय वित्त निगम (IFC) अपने सदस्य देशों की निजी क्षेत्र की कंपनियों को धन उधार देता है।

उपर्युक्त कथनों में से कौन सा/से सही है/हैं?

1 only
केवल 1
1 and 3 only
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2 and 3 only
केवल 2 और 3
1, 2 and 3
1, 2 और 3

Q62 World Bank Group constitutes which of the following organizations?

1. Multilateral Investment Guarantee Agency.

2. International Centre for the Settlement of Investment Disputes.

3. International Monetary Fund.

4. International Finance Corporation

5. International Development Association.

Select the correct code:

Q1. Consider the following statements:

1. European Bank for Reconstruction and Development (EBRD) is an international financial institution.

2. EBRD is a multilateral developmental investment bank.

3. EBRD uses investment as a tool to build market economies.

Which of the above statements are correct?

Q2. The following are the institutions of World Bank group. Identify the correct option of which India is not a member.

1. International Bank for Reconstruction and Development (IBRD)

2. International Development Association (IDA)

3. International Finance Corporation (IFC)

4. Multilateral Investment Guarantee Agency (MIGA)

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

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