The International bank for reconstruction and development (IBRD) performs the following functions except?
- granting long-term loans
- assisting with technical expertise
-
reducing tariff among members
- developing human resource
The correct answer is: C
Explanation
TheThe International bank for reconstruction and development (IBRD), now known as The World Bank provides low-interest loans, interest-free credit, and grants. It focuses on improving education, health, and infrastructure. It also uses funds to modernize a country's financial sector, agriculture, and natural resources management.