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This question belongs to Commerce Banking And Financial Institutions

Banking and Financial Institutions

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Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client.
Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.

A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) B) Both (A) and (R) are correct and (R) is the correct explanation of (A) C) (A) is correct, but (R) is incorrect D) Both (A) and (R) are incorrect

Answer & Solution

Correct Answer: Option B

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