The World Bank is an international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects. It is part of the World Bank Group, which is composed of five institutions. These institutions work together to reduce poverty and support economic development around the world.
A. To reduce carbon footprints of developed countries
B. To promote private sector investment in energy markets
C. To provide financial support for projects addressing climate change and environmental impacts
D. To impose penalties on countries with high emissions
A. Europe
B. Asia
C. Africa
D. South America
A. Government development projects
B. Private sector development in developing countries
C. Military operations
D. Health and wellness programs
A. Only member countries of the United Nations
B. Only countries with high GDP
C. Low- and middle-income countries with viable development projects
D. Any country in the world
A. To increase the global military presence
B. To eradicate extreme poverty and hunger
C. To regulate global health insurance
D. To promote space travel and exploration
A. A report on global financial market trends
B. A report on ease of doing business across countries
C. A guide to global political developments
D. A ranking of the world’s top companies
A. International Bank for Reconstruction and Development (IBRD)
B. International Development Association (IDA)
C. World Trade Organization (WTO)
D. International Finance Corporation (IFC)
A. Military training
B. Providing financial support for long-term infrastructure projects
C. Conducting space exploration research
D. Setting global environmental standards
A. United Nations
B. The World Bank
C. The International Monetary Fund
D. The World Trade Organization
A. Only developed countries
B. Only low-income countries
C. Only high-income countries
D. Low- and middle-income countries
