General Knowledge - Basic General Knowledge - Discussion


Which of the following agencies related to the United Nations is concerned with promoting the growth of international trade and equilibrium in balance of payments?

[A]. United Nations Industrial Development Organisation
[B]. International Development Association
[C]. International Bank for Reconstruction and Development Organisation
[D]. United Nation Development Programme

Answer: Option C


No answer description available for this question.

Shekhar said: (Oct 23, 2012)  
Key points of International Bank for Reconstruction and Development Organisation:

->IBRD offers loans to middle income development countries.

->After world war II, many countries need money for reconstruction, so this organisation was build at that time to help such countries.

They offer France $250 million for reconstruction.

-> More than 180 countries are members of the IBRD.

->The Bank obtains some of its funds through the sale of bonds on international financial market while most of its income comes from interest on loans made from its own capital.

Key Points of United Nations Industrial Development Organisation:-.

-> UNIDO main focus in industrial development of developing countries, and in this way they can improve the quality of the world's poor by combining global resources and expertise.

-> Established in 1966.

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