Q110
Which of the following statements is incorrect?
A.
New Development Bank is a multilateral development bank established by BRICS
B.
Asian Infrastructure Investment Bank is an initiative of China
C.
WTO recognises least developed countries as those which are designated as such by UNO
D.
International Finance Corporation offers political risk insurance and encourages private sector development in developing countries
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board