The World Bank Group consists of how many institutions? MCQ with Answer and Explanation

The World Bank Group consists of how many institutions?
A. 5
B. 3
C. 4
D. 6
Answer: Option A
Solution (By JKExamLibrary)
The World Bank Group comprises five institutions: IBRD, IDA, IFC, MIGA, and ICSID.

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Practice More International Organizations Questions

Question #1 Report Error
Which international organization focuses on maritime security?
A. IMF
B. ICAO
C. IMO
D. WTO

Correct Answer: Option C


Explanation:
The IMO deals with maritime safety and security.

Question #2 Report Error
Which international organization facilitates the 'Ease of Doing Business' index?
A. UNCTAD
B. IMF
C. World Bank
D. WTO

Correct Answer: Option C


Explanation:
The World Bank published this index to measure regulations enhancing business activity.

Question #3 Report Error
The IMF's 'Poverty Reduction and Growth Trust' provides loans to:
A. All member countries
B. Middle-income countries
C. Private enterprises
D. Low-income countries

Correct Answer: Option D


Explanation:
The PRGT offers concessional financial support to low-income member countries to help them achieve macroeconomic stability and reduce poverty.