26. The World Bank’s International Finance Corporation (IFC) focuses on promoting:
a) Agriculture and rural development
b) Infrastructure development
c) Private sector investment in developing countries
d) Social welfare programs
27. The International Bank for Reconstruction and Development (IBRD) is a part of which institution?
a) World Bank
b) International Monetary Fund
c) Asian Development Bank
d) United Nations
28. Which Indian economist served as the Chief Economist of the World Bank from 2008 to 2012?
a) Raghuram Rajan
b) Arvind Subramanian
c) Kaushik Basu
d) Raghuram G. Rajan
29. The World Bank’s primary source of funding is derived from:
a) Member country contributions
b) Borrowing from capital markets
c) Profits from investments
d) Income from selling World Bank publications
30. Which of the following is not a function of the IMF?
a) Providing financial assistance to countries facing balance of payments problems
b) Monitoring global economic developments
c) Conducting research and analysis on economic issues
d) Promoting international trade agreements