Question

note on the functions of World Bank

Answer 1

The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation's territories, promoting and supplementing private foreign investment and promoting long-range balance ..

.1) Primary Function:

Accepting Deposits

:Advancing of Loans
:Overdraft Facility:
Discounting Bills of Exchange
Agency Functions
General Utility Functions

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