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The International bank for reconstruction and development...

The International bank for reconstruction and development (IBRD) performs the following functions except?

A.

Granting long-term loans

B.

Assisting with technical expertise

C.

Reducing tariff among members

D.

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.