Easy
1 point
ID: #6496
Question
The 'Soft loan affiliate' of the World Bank is:
Options
1
International Development Association
Correct Answer
2
International Bank for Reconstruction and Development
Correct Answer
3
Asian Development Bank
Correct Answer
4
International Monetary Fund
Correct Answer
Explanation
The International Development Association (IDA) is the part of the World Bank that helps the world's poorest countries by providing 'soft loans' (credits with zero or low interest).