Question 1

Soft loans to underdeveloped countries are disbursed by -----------

Accepted Answer

The International Development Association (IDA) is known for providing soft loans to underdeveloped countries. These loans have low to no interest rates and long repayment periods, making them more accessible and manageable for countries with less developed economies.

Question 2

IFC was established in ----------------

Accepted Answer

The International Finance Corporation (IFC) was established in 1956.

Quiz 1: Insurance Types and Terms

Soft loans to underdeveloped countries are disbursed by -----------

IFC was established in ----------------