The World Bank is a United Nations agency that provides a limited scope of financial services such as funding national improvements in underdeveloped countries.

Question

Quizplus · Accepted Answer

The statement accurately describes the role of the World Bank. It is a specialized agency of the United Nations that focuses on providing loans and technical assistance to developing countries for the purpose of reducing poverty and promoting economic development. Its scope is limited to financial and technical support rather than broader social, political or environmental initiatives.

The World Bank Is a United Nations Agency That Provides