JAIIB · IEIFS · Chapter 9

International Economic Organizations (World Bank, IMF etc.)

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.

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One-liners from this chapter

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Q

1 — Institution / Founded / Mission / Lends to?

A

Institution: IBRD (International Bank for Reconstruction & Development); Founded: 1944; Mission: Reconstruction & development; Lends to: Middle-income & creditworthy low-income sovereigns

Q

2 — Institution / Founded / Mission / Lends to?

A

Institution: IFC (International Finance Corporation); Founded: 1956; Mission: Promote private-sector development; Lends to: Private sector in developing countries

Q

3 — Institution / Founded / Mission / Lends to?

A

Institution: IDA (International Development Association); Founded: 1960; Mission: Soft loans to the poorest countries; Lends to: World's poorest sovereigns (per-capita income threshold)

Q

4 — Institution / Founded / Mission / Lends to?

A

Institution: ICSID (International Centre for Settlement of Investment Disputes); Founded: 1966; Mission: Settle investor-state disputes; Lends to: NA — dispute settlement

Q

5 — Institution / Founded / Mission / Lends to?

A

Institution: MIGA (Multilateral Investment Guarantee Agency); Founded: 1988; Mission: Promote FDI by insuring against political risk; Lends to: Foreign investors in developing countries

Q

EU's Carbon Border Adjustment Mechanism (CBAM)?

A

India considering a WTO challenge on grounds of disguised protectionism.

Q

UNCTAD — Full Name / Founded / HQ / Mandate?

A

Full Name: United Nations Conference on Trade and Development; Founded: 1964; HQ: Geneva; Mandate: Trade, investment & development of developing countries; flagship World Investment Report, Trade & Development Report

Q

UNDP — Full Name / Founded / HQ / Mandate?

A

Full Name: United Nations Development Programme; Founded: 1965; HQ: New York; Mandate: Poverty eradication, governance; flagship Human Development Report (HDR) since 1990

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