What is the primary function of the World Bank?
A) regulate stock exchanges around the world
B) regulate national currencies
C) provide low interest loans to developing countries
D) collect on bad loans owed the International Monetary Fund
E) provide disaster relief to victims of natural disasters

Question

Quizplus · Accepted Answer

The primary function of the World Bank is to provide low interest loans, credits, grants and advisory services to developing countries for the purpose of reducing poverty and promoting economic growth. The other options (A, B, D, E) do not accurately describe the primary function of the World Bank.

What Is the Primary Function of the World Bank