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Question
Highlights the functions of IBRD
Answer in Brief
Solution
- Assisting reconstruction of war-affected countries.
- Promoting economic growth and balanced growth of an international business.
- Promoting infrastructural facilities like energy and transportation, road development, etc. in member countries.
- Encouraging agricultural and industrial development in developing countries by providing adequate resources.
- Providing resources for promoting sanitation, education, health care and small-scale enterprises in member countries.
- Improving standard of living of people of member countries by providing assistance by removing poverty, raising productivity, providing technical support and conducting research and development.
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