Which one of the following is not the guiding principle of the World Bank regarding its lending operations?
A. Proper assessment of the repayment prospects of loans
B. Lending should be only for specific projects which are economically and technically sound and of a high priority nature
C. The lending should be to enable a country to meet foreign exchange content of the project cost
D. The bank does expect the borrowing country to spend the loan in a particular country
Answer: Option D

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