What is not correct about International Development Association (IDA)?
(i) Following earthquake in 2015, IDA has helped Nepal rebuild and recover.
(ii) IDA ranks as the highest performing multilateral development bank in 2016.
(iii) IDA is a subsidiary bank of IBRD.
(iv) India has procured highest amount of international loan from IDA.

A. (i) and (ii)

B. (iii)

C. (iv)

D. (i) and (iii)

Answer: Option C