Correct option is B
The
World Bank is an international financial institution that consists of two main entities:
1.
International Bank for Reconstruction and Development (IBRD): Provides loans and assistance to middle-income and creditworthy low-income countries.
2.
International Development Association (IDA): Offers concessional loans and grants to the world’s poorest countries.
Together, these institutions work to reduce poverty and support sustainable development worldwide.
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF).
Headquarters: Washington, D.C.
President: David Malpass
MD and CFO: Anshula Kant (First woman CFO of the Bank).
