Economics · International Financial Institutions
Consider the following statements regarding the World Bank Group and its operational focus: A. The International Development Association (IDA) is a specialized institution within the World Bank Group that provides interest-free loans and grants to the poorest nations. B. Driven by World Bank recommendations and reform monitoring, India's ranking in the Ease of Doing Business index improved from 142nd in 2014 to 63rd in the 2020 report. Which of the above statements is/are correct?
- 1Both A and B✓
- 2A only
- 3B only
- 4Neither A nor B
Correct answer
Both A and B
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