21. Which Indian economist served as the Chief Economist of the World Bank from 2012 to 2016?
a) Raghuram Rajan
b) Arvind Subramanian
c) Kaushik Basu
d) Raghuram G. Rajan
22. Which of the following is not an objective of the World Bank?
a) Promote sustainable economic growth
b) Reduce poverty
c) Improve education and healthcare
d) Regulate global financial markets
23. The World Bank provides loans to countries for how long on average?
a) 5 years
b) 10 years
c) 15 years
d) 20 years
24. The International Development Association (IDA) is a part of which institution?
a) World Bank
b) International Monetary Fund
c) Asian Development Bank
d) United Nations
25. The IDA provides financial assistance to:
a) Least developed countries
b) High-income countries
c) Middle-income countries
d) Non-member countries
