The International Finance Corporation (IFC)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 Finance Corporation (IFC) provides loans and takes equity positions in private companies of developing countries, and works towards developing capital markets in those economies. This is done to support private sector development and promote economic growth. The other options listed, such as providing social sector loans or political risk coverage, are functions performed by other organizations.

The International Finance Corporation (IFC)performs Which of the Following Functions