The International Bank for Reconstruction and Development...
The International Bank for Reconstruction and Development(IBRD) performs the following functions except------
Granting long-term loans
Assisting with technical expertise
Reducing tariff among members
Developing human resource
Correct answer is C
The major function of the International Bank for Reconstruction and Development (IBRD) is to grant long-term loans for developmental purposes to member states, provide technical support and expertise at each stage of a project being undertaken, and the development of human resources.
It is not the job of the IBRD to reduce tariffs amongst its members.
International trade is necessary because ...
Distribution of goods and service is hindered by ...
Which of the following is an item of government recurrent expenditure? ...
A possible factor which limits the extent of growth of a firm is the ...
The exchange rate determined by market forces is known as ...
An increase in demand without a corresponding change in supply will lead to ...
Which of the following is an example of derived demand? ...
The elasticity of demand for a firm's product is 2. If the firm reduces its price by 20 percent...
When an increase in inputs leads to a more than proportionate increase in output, there is ...