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UPSC PYQPrelims 2025

Civil Services Examination · Question 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?

  1. I and II only
  2. II and III only
  3. I and III only
  4. I, II and III
Show answer & explanation

Answer: (C) I and III only

Explanation

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.