Which of the Following Is True of the International Bank

question 15

Multiple Choice

Which of the following is true of the International Bank for Reconstruction and Development (IBRD) scheme of the World Bank?

• A)Resources to fund IBRD loans are raised through subscriptions from wealthy members.
• B)The interest rate charged by the World Bank is higher than the commercial banks' market rate.
• C)Borrowers have to pay the bank's cost of funds plus a margin for expenses.
• D)The bank avoids offering low-interest loans to risky customers whose credit rating is often poor.
• E)It was established to approve currency devaluations that are beyond 10 percent.

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Definitions:

Painful Stimuli

External or internal factors that cause discomfort or distress, prompting a physiological or psychological pain response.

Reception

The act or process of receiving or being received, often referring to the area in hospitals or offices where guests are greeted.

Reaction

A biological, chemical, or physical response to a specific stimulus.

Hearing

The sense through which sounds are perceived, involving the process of detecting and interpreting sound waves.