Which country has signed agreement with with IBRD for additional financing of SMEs Project

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Pakistan
B	China
C	Bangladesh
D	India

Explanation:

Detailed explanation-1: -The International Bank for Reconstruction and Development (IBRD) is a global development cooperative owned by 189 member countries.

Detailed explanation-2: -India is one of the founder members of IBRD, IDA and IFC. World Bank assistance in India started from 1948 when a funding for Agricultural Machinery Project was approved. World Bank resident mission was established in India in 1957.

Detailed explanation-3: -India was one of the forty-four original signatories to the agreements reached at Bretton Woods that established the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF). It was also one of the founding members of the IFC in 1956 and the IDA in 1960.

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