Which of the Following Organizations Was Formed with the Original

question 123

Multiple Choice

Which of the following organizations was formed with the original purpose of helping build infrastructure in developing countries and helping relieve the debt burden of these countries?

• A) the International Funding Bank
• B) the Central Bank
• C) the World Bank
• D) the Bank of Canada

---

Definitions:

Reserve Requirement

Central bank regulations regarding the minimum amount of reserves that commercial banks must hold against deposits.

Margin Requirements

The minimum amount of equity that must be maintained in a margin account as mandated by brokers or exchanges.

Discount Rate

The interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.

Money Market Instruments

Short-term financial instruments that are highly liquid and designed for cash management by investors, including treasury bills, commercial paper, and certificates of deposit.