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The IMF and the World Bank were conceive...

The IMF and the World Bank were conceived as institutions to :

A

strengthen international economic co-operation and to help create a more stable and prosperous global economy

B

IMF promotes international monetary operation

C

The World Bank promotes long term economic development and poverty reduction

D

All a, b and c

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The correct Answer is:
D
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Consider the following statements relating to the World Bank : 1. The World Bank was established in 1946, which is headquartered in New York. 2. The World Bank Group has set for itself the goal to end extreme poverty from the World by 2030. 3. The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. 4. The World Bank Group comprises five institutions managed by their member countries in order to promote shared prosperity by fostering the income growth of the bottom 40% for every country. Which of the statements given above are correct?

The world Bank normally gives:

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