GENERAL KNOWLEDGE

Detailed explanation-1: -Headquartered in Washington, D.C., its original membership of 31 had grown to about 175 by the beginning of the 21st century. Headquarters: Washington, D.C. In financing private enterprises, the IFC makes loans without government guarantee of repayment.

Detailed explanation-2: -India’s First IFSC : Approved by the Government of India as an International Financial Services Centre (IFSC) at GIFT City, Gandhinagar, the IFSC reinforces India’s strategic position as a global hub for financial services.

Detailed explanation-3: -2121 Pennsylvania Avenue NW, Washington, DC 20433.

Detailed explanation-4: -Created in 1956 in response to perceived capital limitations and structural challenges in the developing world, IFC is a catalyst for investment in private enterprise through its own investment and through the stimulation of private capital from other sources.