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🏠 Home › MCQs › Pakistan Current Affairs › Question

What is the private sector investment arm of the World Bank Group, dedicated to advancing economic development by encouraging private enterprise?

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By TheQuizWire

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Published 24 Dec 2025

A. Multilateral Investment Guarantee Agency (MIGA)

B. International Development Association (IDA)

C. International Finance Corporation (IFC)

D. International Bank for Reconstruction and Development (IBRD)

💡 Explanation:

The International Finance Corporation (IFC) is a member of the World Bank Group and is specifically tasked with providing investment, advisory, and asset management services to encourage private-sector development in developing countries.

📚 Topics: Pakistan Current Affairs

🎯 Exams: CSS GEN PMS UK_CS US_COMP

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