WORLD BANK Flashcards
__ form the World Bank, which provides financing, policy advice, and technical assistance to governments of developing countries
- International Bank for Reconstruction & Development (IBRD)
- International Development Association (IDA)
World bank consists of ?? institution:
5
* International Bank for Reconstruction and Development (IBRD)
* International Development Association (IDA)
* International Finance Corporation (IFC)
* Multilateral Guarantee Agency (MIGA)
* International Centre for the Settlement of Investment Disputes (ICSID)
WB is an observer at the
United Nations Development Group (UNSDG)
HQ
is headquartered in Washington, D.C., in the United States
President of the World Bank Group
David Malpass
WHo was appointed Managing Director and World Bank Group Chief Financial Officer ?
Anshula Kant
Who is the World Bank’s Country Director for India?
Auguste Tano Kouamé
Members
189
How was IMF and IMBD formed?
Bretton Woods Conference
in July 1944 at Bretton Woods in New Hampshire, USA
Another name for Bretton Woods conference
United Nations Monetary and Financial Conference
To be a member of IBRD, a nation has to first subscribe to membership of the
IMF
Whichbank performs the task of, as the two words in its name, reconstruction and development?
IBRD
Who is the largest borrower from the World Bank (IBRD + IDA)?
India
(Mudi ji jindabaad)
World Bank assistance in India started in
1948
when funding for the Agricultural Machinery Project was approved
Who provides loans and grants to poor countries at a very low interest rate, almost zero, and the tenure of loans is very long?
International Development Association (IDA)
in 1960