Civil Services Examination · प्रश्न 77
Consider the following statements in respect of the International Bank for Reconstruction and Development (IBRD): I. It provides loans and guarantees to middle income countries. II. It works single-handedly to help developing countries to reduce poverty. III. It was established to help Europe rebuild after the World War II. Which of the statements given above are correct?
उत्तर देखें और व्याख्या
उत्तर: (C) I and III only
व्याख्या
IBRD lends to middle-income countries and was originally established for European post-war reconstruction; it works alongside other institutions, not single-handedly, so II is false.