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General Knowledge · Q726

Practice

Competitive Exams · General Knowledge · question 726

Q726

Of the UN Agencies, which one specifically aims at further economic development by encouraging productive private enterprise?

A.
United Nations Industrial Development Organisation
B.
International Finance Corporation
Answer
C.
International Monetary Fund
D.
World Bank

Answer: Option B

Solution

Answer: Option B
Solution:
Of the UN Agencies, International Finance Corporation is one specifically aims at further economic development by encouraging productive private enterprise. International Finance Corporation is a private equity and venture capital subsidiary focused on the private sector in developing countries.