world_organizations medium MCQ

Which World Bank Group institution focuses on supporting private sector development in developing countries by providing investments, advisory services, and asset management?

  1. IBRD
  2. IDA
  3. IFC
  4. MIGA

Answer: IFC

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, invests in companies and financial institutions in emerging markets, provides advisory services to improve business environments, and mobilizes capital from other investors for sustainable development.

Topic World Bank
Exam Relevance Banking, UPSC, SSC
More world_organizations Questions Back to all questions