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Question

International Bank for Reconstruction and Development (IBRD) is popularly known as _____________.

A
International bank
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B
World bank
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C
Reconstruction Bank
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D
Bank of Development
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Solution

The correct option is B World bank
IBRD stands for International Bank For Reconstruction and Development. It is set up in 1944. It is one of the organisations under the World Bank Group and is headquartered in Washington DC. It offers loans to middle-income developing countries for development and structural changes.

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