GK
INTERNATIONAL ORGANISATIONS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
False
|
|
|
True
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -A member of the World Bank Group, the International Finance Corporation (IFC) provides financing for private enterprise investments in developing countries. The IFC says its focus is eliminating poverty through economic development, but critics claim it is more focused on profits than people.
Detailed explanation-2: -Which of the following is true for the International Finance Corporation (IFC)? It facilitates sustainable development by improving investments in the private sector. Which of the following is true for the International Development Association (IDA)?
Detailed explanation-3: -IFC invests in private enterprises: companies, financial institutions, and other businesses that are majority-owned by the private sector and that operate in IFC’s developing member countries.