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Question

Which of the following does not belong to the World Bank group?

(a) IBRD

(b) IDA

(c) MIGA

(d) IMF

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Solution

The IMF (international Monetary Fund) is not an associate of the World Bank. It is an entity separate from the World Bank and was created for facilitating and monitoring the economic development of the countries of the world along with the World Bank and the ITO (International Trade Organization). On the other hand, IBRD is another name used for World Bank. IDA and MIGA are affiliates of the World Bank.

Hence, the correct answer is option (d).


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