Which organization is popularly called the "World Bank"?

International Monetary Fund

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International Bank of Reconstruction and Development

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International Development Agency

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International FInance Corporation

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Solution

The correct option is C International Bank of Reconstruction and Development
The World Bank is an international financial institution that provides loans to countries of the world for capital projects. It comprises of two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is the component of the World Bank Group.

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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)

What is the International Bank for Reconstruction and Development popularly known as?

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

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