General Knowledge · International Organizations

Which of the following statements is NOT true about the World Bank?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1It is part of the United Nations system.
2It provides loans and grants to the governments of low- and middle-income countries.
3It is by convention headed by a citizen of the European Union.✓
4It is headquartered in Washington D.C. in the United States.

Correct answer

It is by convention headed by a citizen of the European Union.

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