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Which organization provides loans and grants to the world's poorest developing countries?

  1. A
    World Trade Organization
  2. B
    World Bank
  3. C
    International Monetary Fund
  4. D
    United Nations

Solution & Step-by-step Explanation

The World Bank (specifically through its International Development Association arm, IDA) is tasked with providing concessional interest-free or low-interest loans and direct grants to help promote economic growth in the world's poorest developing nations.

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Which organization provides loans and grants to the world's poorest developing countries?
A
World Trade Organization
B
World Bank
C
International Monetary Fund
D
United Nations

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