Economics · International Financial Institutions
Which of the following describes a key advantage for India in securing sovereign development assistance loans from the World Bank Group?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The World Bank primarily shifts its portfolio to non-repayable unilateral grants for middle-income countries.
- 2The financing is disbursed with no policy conditionalities or programmatic monitoring frameworks.
- 3They offer long-term, stable capital with highly extended maturity periods and competitive rates, suitable for large infrastructure projects.✓
- 4World Bank loans are completely interest-free throughout their entire tenure.
Correct answer
They offer long-term, stable capital with highly extended maturity periods and competitive rates, suitable for large infrastructure projects.
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