McqMate
| Q. |
Which of the following statement is not true? |
| A. | The World Bank has to affiliates, the International Development Association and the International Finance Corporation. |
| B. | The membership of the IMF is the principal condition for membership of the World Bank. |
| C. | The World Bank provides loans to such countries whose balance of payments condition is not favourable |
| D. | The World Bank finance all kinds of capital infrastructure such as roads and railways, telecommunications, seaports and power facilities in the developing countries. |
| Answer» C. The World Bank provides loans to such countries whose balance of payments condition is not favourable | |
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