Economics · International Organizations
Which of the following statements about the World Bank Group institutions are correct? 1. ICSID was established in 1966 to settle disputes between international investors and states. 2. MIGA protects investors against non-commercial and political risks in developing countries. 3. IFC focuses on financing private-sector projects in developing nations. 4. IDA provides long-term, interest-free loans and grants to the world's poorest countries. 5. IBRD serves middle-income and creditworthy low-income countries by providing loans. 6. India is a member of all five World Bank Group institutions. 7. IDA provides debt relief through the HIPC and MDRI initiatives.
- 1All of the above
- 2Only 2, 3, 4, 5, and 6
- 3Only 1, 2, 3, 4, 5, and 7✓
- 4Only 1, 2, 3, 4, and 5
Correct answer
Only 1, 2, 3, 4, 5, and 7
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