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Which is institutions part of the World Bank community?

-> International Bank for Reconstruction and Development (IBRD),


the International Development Association (IDA), the International
Finance Corporation (IFC), the Multilateral Investment Guarantee
Agency (MIGA) and the International Centre for Settlement of
Investment Disputes (ICSID).

2. Why World Bank was established?

->To reconstruct the economies damaged during the Second World


War

3. What are the forms of assistance that the World Bank provides to
its members?

-> financial ( and Technical)

4. Which organisation of the World Bank Group deals with matters


related to the development of the poorest countries in the world?

->The International Development Association (IDA).

5. The Executive Directors make up the 'Board of Directors' of the


World Bank. They normally meet at least ______a week to oversee
the bank's business, including approval of loans and guarantees, new
policies, the administrative budget, country assistance strategies and
borrowing and financial decisions
-> Twice.

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