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30 April, 12:21

The largest provider of development assistance to less developed countries is the?

United nation's development program

International stock exchange

World bank

International Monetary Fund

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Answers (2)
  1. 30 April, 12:47
    0
    The right answer is the World Bank.

    Explanation:

    If we take into consideration only international organizations, then the World Bank is the largest provider of development assistance to less developed countries among multilateral donors.
  2. 30 April, 12:50
    0
    The largest provider of development assistance to less developed countries is the World Bank

    Answer: Option C

    Explanation:

    The World Banks, an international body which provides financial support and assistance to poorly developed countries and governments. It is headquartered in Washington D. C, U. S. A. It was formed in July 1944.

    And, it is the brainchild of the Bretton Woods Conference, which also lead to build the International Monetary Funds. As on 2018 India is supposed to be the largest recipient of loans from The World Bank, with debts ranging up to approximately $860 million as on 2018.
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