One of the major objectives of the World Bank is to:

Question

Quizplus · Accepted Answer

The World Bank's primary objective is to provide financial and technical assistance to less developed countries (DVCs) in order to promote economic development and reduce poverty. While the World Bank has a responsibility to its shareholders, profit maximization is not its primary goal. The World Bank also does not provide financial backing for the United Nations or maintain stable exchange rates in both IACs and DVCs.

One of the Major Objectives of the World Bank Is