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Which of the following refers to the principles that drive a bank's lending activity?
World Bank
An international banking entity that offers financial support and grants to economically challenged countries for the advancement of capital projects.
Lender of Last Resort
An institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky.
Less-Developed Nations
Countries with low levels of industrialization, low living standards, and low Human Development Index (HDI) scores.
Industrially Advanced Countries
Nations that have highly developed industries and infrastructure, often exhibiting high standards of living, stable economies, and technological advancements.
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