GK
INTERNATIONAL ORGANISATIONS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Protects animals and the environment
|
|
|
Makes trade easier around the world
|
|
|
Helps low income countries find funding for roads and buildings
|
|
|
To help settle disputes between countries
|
Detailed explanation-1: -We provide low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.
Detailed explanation-2: -Where does the World Bank get its funds? The World Bank raises money for development at the lowest rates by tapping the world’s capital markets, and, in case of the IDA, through contributions from wealthier member governments.
Detailed explanation-3: -They are defined as lower middle-income economies-those with a GNI per capita between $1, 036 and $4, 045; and upper middle-income economies-those with a GNI per capita between $4, 046 and $12, 535 (2021). Middle income countries are home to 75% of the world’s population and 62% of the world’s poor.