2014 · Q49
Consider the following statements relating to the World Bank :
- 1The World Bank was established in 1946, which is headquartered in New York.
- 2The World Bank Group has set for itself the goal to end extreme poverty from the World by 2030.
- 3The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the ordinary sense but a unique partnership to reduce poverty and support development
- 4The World Bank Group comprises five institutions managed by their member countries in order to promote shared prosperity by fostering the income growth of the bottom 40% for every country.
Which of the statements given above are correct?
General KnowledgeIndian Polity and Governance
- A1, 2 and 3
- B2, 3 and 4
- C1, 3 and 4
- D2 and 4 only
Explanation
The World Bank is headquartered in Washington D.C., not New York; the other statements are correct.