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Question

Which international organization does not facilitate the process of globalization?


A
IBRD
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B
IDBI
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C
IMF
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D
WTO
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Solution

The correct option is B IDBI
IDBI stands for Industrial Development Bank of India. It is owned by the Government of India. Globalization is the process of integrating the world economy into a village economy and hence IDBI is an international organization which does not facilitate the process of globalization.

Business Economics

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