SSC
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
To promote the International Trade
|
|
|
To reconstruct the economies damaged during the Second World War
|
|
|
To improve the adverse Balance of Payment situation of the nonmember countries
|
|
|
None of the above
|
Detailed explanation-1: -Their purpose was to agree on a system of economic order and international cooperation that would help countries recover from the devastation of the war and foster long-term global growth.
Detailed explanation-2: -The World Bank promotes long-term economic development and poverty reduction by providing technical and financial support to help countries implement reforms or projects, such as building schools, providing water and electricity, fighting disease, and protecting the environment.
Detailed explanation-3: -The International Bank for Reconstruction and Development (IBRD), better known as the World Bank, was established in 1944 to help Europe recover from the devastation of World War II. The success of that enterprise led the Bank, within a few years, to turn its attention to the developing countries.
Detailed explanation-4: -World Bank Question 4 Detailed Solution IBRD (International Bank for Reconstruction and Development) was formed with its main purpose to aid long-term economic difficulty and reduce poverty of middle-income and lower-income countries by providing them assistance.