GK
WORLD ORGANISATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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United Nations Security Council
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United Nations General Assembly
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United Nations Development Group
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United Nations Development Council
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Detailed explanation-1: -World Bank, in full World Bank Group, international organization affiliated with the United Nations (UN) and designed to finance projects that enhance the economic development of member states. Headquartered in Washington, D.C., the bank is the largest source of financial assistance to developing countries.
Detailed explanation-2: -IMF stands for International Monetary Fund. It is an international organization with 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, etc. Hence, IMF does not belong to the world bank group.
Detailed explanation-3: -India is not a member of ICSID (International Centre for Settlement of Investment Disputes). India has been accessing funds from the World Bank (mainly through IBRD and IDA) for various development projects. India is one of the founder members of IBRD, IDA and IFC.