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Question

International Bank for Reconstruction and Development is also known as ________.

A
IMF
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B
World Bank
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C
Federal Bank
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D
Central Bank
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Solution

The correct option is B World Bank
International Bank for Reconstruction and Development is one of the member of World Bank Group. It was set up in 1944. It offers loans to middle-income developing countries. The headquarter of IBRD is situated in Washington DC, USA.

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