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Of the UN Agencies, which one specifically aims at further economic development by encouraging productive private enterprise?
Answer & Solution
Correct Answer:
Option
B
Of the UN Agencies, International Finance Corporation is one specifically aims at further economic development by encouraging productive private enterprise. International Finance Corporation is a private equity and venture capital subsidiary focused on the private sector in developing countries.
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LoginA)All question before it are decided by a majority of the judges
B)The court is permanently in session at the Hague,but may hold its meetings elsewhere,if necessary
C)Its opinion,where sought by the UN must be accepted by a simple majority vote
D)case may be referred to the court by member-nations involved in a dispute,in which case the court's decision is binding upon them