BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not a part of the World Bank?
A
IBRD
B
ADB
C
IDA
D
IFC
Explanation: 

Detailed explanation-1: -International Monetary Fund is a separate institution and not a part of the World Bank Group .

Detailed explanation-2: -Explanation: WTO or World Trade Organisation is not part of the World Bank community.

Detailed explanation-3: -Answer and Explanation: The correct option is (d) Payday lender.

Detailed explanation-4: -National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India. It is under the jurisdiction of Ministry of Finance, Government of India. Hence, correct answer is option B.

Detailed explanation-5: -The correct answer is World Economic Outlook. World Economic Outlook is published by IMF. It is published biannually and partly updated two times a year.

There is 1 question to complete.