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Question
Which among the following institutions is officially known as the International Bank for Reconstruction and Development?
Which among the following institutions is officially known as the International Bank for Reconstruction and Development?
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Solution
The correct option is A World Bank
The World Bank was established in 1944. It is headquartered in Washington, USA. It is an international organisation dedicated to providing financing, advice, and research to developing nations to aid their economic advancement. It also attempts to fight poverty by offering developmental assistance to middle- and low-income countries.
The World Bank was established in 1944. It is headquartered in Washington, USA. It is an international organisation dedicated to providing financing, advice, and research to developing nations to aid their economic advancement. It also attempts to fight poverty by offering developmental assistance to middle- and low-income countries.
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