Consider the following statements in respect of the International Bank for Reconstruction and Development (IBRD): I. It provides loans and guarantees to middle income countries. II. It works single-handedly to help developing countries to reduce poverty. III. It was established to help Europe rebuild after the World War II. Which of the statements given above are correct?
AI and II only
BII and III only
CI and III only
DI, II and III
Answer & Solution
Correct answer: C. I and III only
UPSC CSE Prelims 2025 (GS-I, Set A), Q.67. Official answer key: C.
Related questions
Selling part of the equity of public sector enterprises to the public is called:Before reforms, India protected industry through tight import controls and:As an immediate step in 1991, the rupee was:GST is meant to create one nation, one tax and one:GST came into effect from:The Goods and Services Tax Act was passed by Parliament in:Taxes levied on commodities are called:Moderate income tax rates are believed to encourage savings and: