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Option 4 : A, D and E only

The correct answer is A, D and E only

 World Bank Group:

  • The World Bank Group is a one-of-a-kind global cooperation, with five institutions working together to find long-term solutions to poverty reduction and shared prosperity in developing nations.
  • On issues ranging from climate change, conflict, and food security to education, agriculture, finance, and trade, the Bank Group collaborates with country governments, the business sector, civil society organisations, regional development banks, think tanks, and other international institutions.

 World Bank Group consists of five development institutions:

  • The International Bank for Reconstruction and Development (IBRD) provides loans, credits, and grants.
  • International Development Association (IDA) provides low- or no-interest loans to low-income countries.
  • The International Finance Corporation (IFC) provides investment, advice, and asset management to companies and governments.
  • The Multilateral Guarantee Agency (MIGA) insures lenders and investors against political risk such as war.
  • The International Centre for the Settlement of Investment Disputes (ICSID) settles investment-disputes between investors and countries.
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