Vidyalelo
Management · Q2

International Finance and Treasury

Graduate and Post Graduate · Management · question 2

Q2

Not a profit maximizing business is

A.
International Monetary Fund
B.
International bank for Reconstruction and Development
Answer
C.
International Financial Corporation
D.
World Trade Organisation

Answer: Option B

Solution

Answer: Option B
Solution:
International bank for Reconstruction and Development is not a profit maximizing business. The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group, and is headquartered in Washington, D.C. in the United States.