Q63
International Finance Corporation established in
A.
1956
AnswerB.
1960
C.
1966
D.
1970
Answer: Option A
Solution
Answer: Option A
Solution:
International Finance Corporation (IFC) was established in July 1956 as an affiliate of the World Bank to provide finance to the private sector. The World Bank grants loans to the governments of the member countries or provides loan capital to the private enterprises on the guarantee of the member governments.