Which organization World Bank is known as the 'soft-loan window ' ?
A
IDA
B
IFC
C
EDI
D
IBRD
Correct Answer: IDA
The International Development Association (IDA) is known as the 'soft loan' window of the World Bank since it offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States.