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

Question
The 'International Finance Corporation' (IFC) primarily provides:
A. Grants to governments
B. Loans and advisory services to the private sector
C. Microfinance to individuals
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.
This question belongs to: Static General Knowledge International Organizations
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Practice More International Organizations Questions

Question #1
What is the primary objective of IMF?
A. Promoting trade between nations
B. Educating the children
C. Ensuring financial stability
D. Fighting against diseases
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Correct Answer: Option C

Explanation:
The IMF's primary purpose is to ensure stability in the international monetary system.
This question belongs to: Static General Knowledge International Organizations
Question #2
The ‘Bretton Woods Conference’ (1944) led to the creation of:
A. WTO and UNCTAD
B. IMF and World Bank
C. UNDP and UNICEF
D. FAO and WHO
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Correct Answer: Option B

Explanation:
The Bretton Woods Conference established the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank).
This question belongs to: Static General Knowledge International Organizations
Question #3
Which organization is known as the 'United Nations Industrial Development Organization' (UNIDO)?
A. UNESCO
B. UNDP
C. UNIDO
D. UNICEF
Discuss
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Correct Answer: Option C

Explanation:
UNIDO is a specialized agency of the United Nations that promotes industrial development.
This question belongs to: Static General Knowledge International Organizations
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