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IMF and World Bank

What are the ...

Question

What are the two main parts of the World Bank?

A

IBRD

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B

IDA

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C

ISBN

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D

IPB

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Solution

The correct options are
A IBRD
B IDA
The two main organs of the World Bank are the International Bank for Reconstruction and Development (IBRD), and the International Development Agency (IDA). The IDA lends money to governments for developmental activities and the IBRD promotes economic development and poverty elimination in developing countries.

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