Which of the following countries is not a member of the World Bank Group?

Correct option is D

The correct answer is (d) Cuba.
· Cuba is not a member of the World Bank Group.
· The World Bank Group is an international financial institution that provides financial and technical assistance to developing countries for development programs (such as bridges, roads, schools, etc.) with the aim of reducing poverty.
· Cuba has been excluded from membership in international financial institutions like the World Bank and the International Monetary Fund (IMF) due to its political and economic policies.
Information Booster:
· The World Bank Group is an international financial institution that provides financial and technical assistance to developing countries for development programs (such as bridges, roads, schools, etc.) that are expected to improve the economic prospects and quality of life for people in those countries.
· The World Bank Group consists of five closely related institutions:
1. International Bank for Reconstruction and Development (IBRD)
2. International Development Association (IDA)
3. International Finance Corporation (IFC)
4. Multilateral Investment Guarantee Agency (MIGA)
5. International Centre for Settlement of Investment Disputes (ICSID)
Objectives of the World Bank Group:
· Poverty Reduction
· Economic Development
· Infrastructure Development
· Sustainable Development
· Financial Stability
Key Information:
· The headquarters of the World Bank Group is in Washington D.C., USA.
· The World Bank's fiscal year begins on July 1st and ends on June 30th.