GK QUESTION#1238

In the late 1980s, to manage the economic crisis, India approached which institution, also known as the International Bank for Reconstruction and Development?

AAsian Development Bank
BInternational Monetary Fund
CWorld BankCorrect answer
DNew Development Bank

Show AnswerHide Answer

Answer

C. World Bank

Show ExplanationHide Explanation

Explanation

World Bank. International Bank for Reconstruction and Development (IBRD) is the original lending arm of the World Bank Group. It provides long-term loans to middle- income and creditworthy low-income countries.

Menu

Game modes

Account

In the late 1980s, to manage the economic crisis, India approached which institution, also known as the International Bank for Reconstruction and Development?

Answer

Explanation

In the late 1980s, to manage the economic crisis, India approached which institution, also known as the International Bank for Reconstruction and Development?

Answer

Explanation

Explore this topic