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Which statement best explains World Bank Group?

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Question ID #25732 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Globalization Sectional Test 2026 Medium

Which statement best explains World Bank Group?

Correct Answer: A. Development institution providing finance and knowledge for development
World Bank Group: Development institution providing finance and knowledge for development

Question: Which statement best explains World Bank Group?

A. Development institution providing finance and knowledge for development

B. Production process in which stages are located across multiple countries

C. Reduction of tariffs and non-tariff barriers to international trade

D. Process through which countries coordinate or combine economic policies and markets

Correct Answer: A. Development institution providing finance and knowledge for developmentWorld Bank Group: Development institution providing finance and knowledge for development

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Which statement best explains World Bank Group? - MCQ Explanation

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Correct answer: A. Development institution providing finance and knowledge for development