The International bank for reconstruction and d... - WAEC Economics 2018 Question
The International bank for reconstruction and development (IBRD) performs the following functions except?
A
granting long-term loans
B
assisting with technical expertise
C
reducing tariff among members
D
developing human resource
correct option: c
TheThe International bank for reconstruction and development (IBRD), now known as The World Bank provides low-interest loans, interest-free credit, and grants. It focuses on improving education, health, and infrastructure. It also uses funds to modernize a country's financial sector, agriculture, and natural resources management.
Please share this, thanks:
Add your answer
No responses