Which of the following organization is not a part of World Bank group?

International Bank for Reconstruction and Development

No worries! We‘ve got your back. Try BYJU‘S free classes today!

International Investment Bank.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

International Centre for Settlement of Investment Disputes

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Multilateral Investment Guarantee Agency

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
International Investment Bank.

The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity

Its five organizations are the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID).

Suggest Corrections

Similar questions

Q2. The following are the institutions of World Bank group. Identify the correct option of which India is not a member.

1. International Bank for Reconstruction and Development (IBRD)

2. International Development Association (IDA)

3. International Finance Corporation (IFC)

4. Multilateral Investment Guarantee Agency (MIGA)

5. International Centre for the Settlement of Investment Disputes (ICSID)

19. The following are the institutions of World Bank group. Identify the correct option for which India is not a member.

Identify the correct option

Q62 World Bank Group constitutes which of the following organizations?

1. Multilateral Investment Guarantee Agency.

2. International Centre for the Settlement of Investment Disputes.

3. International Monetary Fund.

4. International Finance Corporation

5. International Development Association.

Select the correct code:

Q1. Consider the following statements:

1. European Bank for Reconstruction and Development (EBRD) is an international financial institution.

2. EBRD is a multilateral developmental investment bank.

3. EBRD uses investment as a tool to build market economies.

Which of the above statements are correct?

Join BYJU'S Learning Program