Consider the following statements regarding “International Development Agency (IDA)”:1. It is known as the soft window of the World Bank. 2. It was established in 1948 along with the World Bank. Which of the statements given above is/are correct? |ForumIAS

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Q. Consider the following statements regarding “International Development Agency (IDA)”:
1. It is known as the soft window of the World Bank.
2. It was established in 1948 along with the World Bank.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A

Notes:

Explanation: The International Development Agency (IDA) which is also known as the soft window of the WB was set up in 1960 with the basic aim of developing infrastructural support among the member nations, long-term lending for the development of economic services.

Source: Ramesh Singh

Q. Consider the following statements regarding “International Development Agency (IDA)”:1. It is known as the soft window of the World Bank. 2. It was established in 1948 along with the World Bank. Which of the statements given above is/are correct?

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS

Q. Consider the following statements regarding “International Development Agency (IDA)”:
1. It is known as the soft window of the World Bank.
2. It was established in 1948 along with the World Bank.
Which of the statements given above is/are correct?