The International Bank for Reconstruction and Development performs which of the following functions?
A) Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members
B) Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies
C) Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets
D) Provides political risk coverage for private investments made in developing countries
E) Works on issues related to foreign investment disputes

Question

Quizplus · Accepted Answer

The International Bank for Reconstruction and Development (IBRD) is a part of the World Bank Group and its main function is to provide loans for the reconstruction and development of member countries. These loans are funded by international capital markets, and the IBRD also provides technical assistance to support the restructuring of economies. The other options listed describe functions of other organizations within the World Bank Group, such as the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

The International Bank for Reconstruction and Development Performs Which of the Following