Which of the Following Is True of the IBRD Scheme

question 2

Multiple Choice

Which of the following is true of the IBRD scheme of the World Bank?

• A)Resources to fund IBRD loans are raised through subscriptions from wealthy members.
• B)IBRD loans go only to the poorest countries.
• C)Borrowers pay the bank's cost of funds plus a margin for expenses.
• D)Borrowers have 50 years to repay at an interest rate of 1 percent a year.

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Definitions:

Ingratiation

A psychological technique where an individual attempts to become more likable and favorable to others through flattery or other means to gain their approval or advantage.

Facilitate

To make an action or process easier or more achievable.

Team's Decisions

Collective choices made by a group with the aim of achieving a common goal or resolving issues.

External Leader

A leader who is not part of the organization but influences and guides the team or project from outside the organization.