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 International bank for reconstruction and development (IBRD), now known as The World Bank provides low-interest loans, interest-free credit, and grants. It focuses on improving education, health, and infrastructure. It also uses funds to modernize a country's financial sector, agriculture, and natural resources management.
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