Tell something about the World Bank?



Tell something about the World Bank?..

Answer / Niranjan Kumar

The World Bank is an international financial institution that provides loans, grants, and technical assistance to developing countries for economic development and poverty reduction. It was established in 1944 with the goal of rebuilding Europe after World War II, but its mandate has expanded to support projects worldwide. The World Bank Group consists of several organizations like the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), and International Development Association (IDA).

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