The World Bank Provides a Cheaper Funding Source for Developing

question 92

Multiple Choice

The World Bank provides a cheaper funding source for developing countries as most developing countries:

• A)have to repay the amount without the WB making adjustments for the rise in inflation.
• B)do not have to furnish any guarantee of repayment to avail the WB loans.
• C)do not have to pay any interest on the loans disbursed by the WB.
• D)have considerably low credit ratings.
• E)cannot avail loans from any institution apart from the World Bank.

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