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The World Bank is formally known as the:

AIBRD
BIMF
CWTO
DOECD
Answer & Solution
Correct answer: A. IBRD
1. It is the International Bank for Reconstruction and Development. 2. The IMF is a separate body. 3. The World Bank is the IBRD. _Source: syllabus Economics, Indian Economic Development, Chapter 3, Liberalisation, Privatisation and Globalisation._
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