Social Sciences, asked by harshmalik24, 4 months ago

Why India needed loan from IMF and World Bank?

Answers

Answered by ayushman2020

2

Answer:

The World Bank is not really a bank - it's more a way for the countries of the world to borrow money as cheaply as possible, so that developing countries can take out cheap loans to help tackle poverty and inequality. ... These loans are used to fund important development projects and emergency relief.

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