The World Bank’s ‘International Development Association (IDA)’ primarily provides: MCQ with Answer and Explanation

Question
The World Bank’s ‘International Development Association (IDA)’ primarily provides:
A. Guarantees for private sector projects
B. Grants and low-interest loans to the poorest countries
C. Trade finance to developing nations
D. Investment advisory to middle-income countries
Answer: Option B
Solution (By JKSSB Mock Tests)
IDA helps the world’s poorest countries by providing zero-interest or low-interest loans and grants for development programs.
This question belongs to: Static General Knowledge International Organizations
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Practice More International Organizations Questions

Question #1
Which organization conducts 'World Investment Reports'?
A. UNCTAD
B. IMF
C. WTO
D. World Bank
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Correct Answer: Option A

Explanation:
UNCTAD publishes the World Investment Report, which tracks global foreign direct investment.
This question belongs to: Static General Knowledge International Organizations
Question #2
ASEAN's 'Treaty of Amity and Cooperation' was first signed in:
A. 1976
B. 1992
C. 1967
D. 1984
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Correct Answer: Option A

Explanation:
The Treaty of Amity and Cooperation in Southeast Asia was signed in 1976, promoting peace and friendly relations.
This question belongs to: Static General Knowledge International Organizations
Question #3
What is the primary mission of UNESCO?
A. Promoting peace and security through education, science, and culture
B. Regulating international trade
C. Economic development
D. Providing humanitarian aid to children
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Correct Answer: Option A

Explanation:
UNESCO stands for the United Nations Educational, Scientific and Cultural Organization.
This question belongs to: Static General Knowledge International Organizations
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