[amp_mcq option1=”It borrows in the international capital market” option2=”It borrows on currency on swap agreements” option3=”It borrows under the discount net programme” option4=”All of the above” correct=”option4″]<\/p>\n
The correct answer is D. All of the above.<\/p>\n
The World Bank borrows in the international capital market to raise funds for its lending operations. It also borrows on currency swap agreements, which are agreements to exchange currencies at a fixed exchange rate for a specified period of time. This allows the World Bank to borrow in currencies that are in high demand, such as the US dollar, and then lend in currencies that are in low demand, such as the local currency of a developing country. The World Bank also borrows under the discount net programme, which is a program that allows it to borrow from the International Monetary Fund (IMF) at a lower interest rate than it would otherwise pay.<\/p>\n
The World Bank’s borrowings are used to finance a wide range of development projects, including infrastructure, education, health, and agriculture. The World Bank’s borrowings are also used to provide financial assistance to countries that are facing economic difficulties.<\/p>\n
The World Bank’s borrowings are an important source of funding for development projects around the world. The World Bank’s borrowings help to promote economic growth and development in developing countries.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”It borrows in the international capital market” option2=”It borrows on currency on swap agreements” option3=”It borrows under the discount net programme” option4=”All of the above” correct=”option4″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[699],"tags":[],"class_list":["post-33643","post","type-post","status-publish","format-standard","hentry","category-banking-and-financial-institutions","no-featured-image-padding"],"yoast_head":"\n