GENERAL KNOWLEDGE

Detailed explanation-1: -The Bank offers several financial services and products, including flexible loans, grants, risk guarantees, financial derivatives, and catastrophic risk financing.

Detailed explanation-2: -The IBRD offers financial products and policy advice to countries aiming to reduce poverty and promote sustainable development. The International Bank of Reconstruction and Development is a cooperative owned by 189 member countries.

Detailed explanation-3: -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-4: -IBRD stands for International Bank For Reconstruction and Development. It is set up in 1944. It is one of the members of the World Bank Group and is headquartered in Washington DC. It offers loans to middle-income developing countries.