The International Development Association, a leading agency, is administered by the _______.
A
International Bank for Reconstruction and Development
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B
International Fund for Agricultural Development
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C
United Nations Development Programme
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D
United Nations Industrial Development Organisation
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Solution
The correct option is C International Bank for Reconstruction and Development The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. It is headquartered in Washington, D.C., United States. It was established in 1960. Together the IBRD and the IDA are called as the World Bank. The IBRD and IDA share the same staff and Headquarters and evaluate projects with the same rigorous standards.