Which of the following agencies related to the United Nations is concerned with promoting the growth of international trade and equilibrium in balance of payments?
A. United Nations Industrial Development Organisation
B. International Development Association
C. International Bank for Reconstruction and Development Organisation
D. United Nation Development Programme
Answer: Option C
Solution(By Examveda Team)
International Bank for Reconstruction and Development Organisation agencies related to the United Nations is concerned with promoting the growth of international trade and equilibrium in balance of payments. The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade.This Question Belongs to General Knowledge >> Basic General Knowledge
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