The 'International Finance Corporation' (IFC) primarily provides: MCQ with Answer and Explanation

The 'International Finance Corporation' (IFC) primarily provides:
A. Microfinance to individuals
B. Loans and advisory services to the private sector
C. Grants to governments
D. Debt relief to poor countries
Answer: Option B
Solution (By JKSSB Mock Tests)
IFC, part of the World Bank Group, offers investment and advisory services to encourage private sector development in emerging markets.

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Practice More International Organizations Questions

Question #1
Which of the following is NOT one of the five permanent members of the UN Security Council (P5)?
A. Germany
B. France
C. Russia
D. China

Correct Answer: Option A


Explanation:
The P5 members are China, France, Russia, the UK, and the USA. Germany is not a permanent member.

Question #2
The 'RCEP' trade agreement involves which regional grouping?
A. SAARC
B. ASEAN
C. BRICS
D. G20

Correct Answer: Option B


Explanation:
The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement among the Asia-Pacific nations, anchored by ASEAN and its FTA partners.

Question #3
The 'Almaty Programme of Action' was adopted by the UN to address the needs of:
A. Least developed countries
B. Landlocked developing countries
C. Small island developing states
D. Post-conflict countries

Correct Answer: Option B


Explanation:
The Almaty Programme of Action (2003) focused on the special needs of landlocked developing countries.