Which organization provides loans and grants to the world's poorest developing countries?
- AWorld Trade Organization
- BWorld Bank
- CInternational Monetary Fund
- DUnited 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.