Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.

Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
Both (A) and (R) are correct and (R) is the correct explanation of (A)
(A) is correct, but (R) is incorrect
Both (A) and (R) are incorrect

The correct answer is: Both (A) and (R) are correct, but (R) is not the correct explanation of (A).

The International Finance Corporation (IFC) is a member of the World Bank Group and is dedicated to private sector development in developing countries. The IFC provides loans, equity investments, and advisory services to businesses and financial institutions in developing countries. The IFC’s goal is to promote economic growth and development by supporting private sector investment.

The IFC’s focus on development goals is evident in its investments in sustainable agriculture, health, education, and microfinance. For example, the IFC has invested in companies that develop and produce sustainable agricultural technologies, such as drought-tolerant crops and water-efficient irrigation systems. The IFC has also invested in companies that provide health care and education services in developing countries. And the IFC has invested in microfinance institutions that provide small loans to entrepreneurs in developing countries.

However, the IFC’s focus on development goals is not the only reason why it contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. The IFC also contributes to these goals by providing technical assistance and training to businesses and financial institutions in developing countries. The IFC also works to promote good governance and environmental sustainability in its investments.

In conclusion, both (A) and (R) are correct, but (R) is not the correct explanation of (A). The IFC contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client for a variety of reasons, including its focus on development goals.