The World Bank Primarily Engages in

question 110

Multiple Choice

The World Bank primarily engages in

• A) short-term lending aimed at helping developing nations repay debt accumulated in past years.
• B) short-term lending aimed at helping developing nations repay loans from the International Monetary Fund.
• C) long-term lending aimed at helping developing nations' governments and central banks keep exchange rates from varying.
• D) long-term lending aimed at helping developing nations' governments and businesses make investments that will contribute to economic growth.

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Definitions:

Cultural Universal

Aspects or practices that are common to all human cultures worldwide, despite their vast diversities.

Dalit

A term for individuals belonging to the lowest caste in India, historically subjected to discrimination and social exclusion.

Sudras

Sudras represent the fourth and lowest class in the traditional Hindu social hierarchy, traditionally tasked with serving the other three classes.

Hindu Castes

A traditional system of hierarchical social stratification in Hindu society, dividing people into categories based on inherited status and profession.