Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which statement is wrong about World Bank? World Bank is a multilateral donor organization. It takes money from its member states and lends it or
Which statement is wrong about World Bank?
World Bank is a multilateral donor organization.
It takes money from its member states and lends it or provides it as grants to its member states.
The World Bank frequently provides foreign aid direct to an NGO.
World Bank cannot do anything in any developing country without that countrys permission.
The World Bank provides foreign aid to its poor and middleincome memberstates.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started