Q9
Which of the followmg is not a condition that should be followed by the World Bank while granting loan to member nations?
A.
The bank should assess the credibility of the borrower, this can be done by evaluating and assessing the natural resources and existing productive plan capacity to use the resources and operate the plant
B.
The bank compels the members to use the funds only a for a specific market
C.
World Bank must lend for specific projects only that are technically and economically sound and have ability to generate high returns
AnswerD.
The bank must maintain continuing relationships with the borrowers to check the progress of the project
Answer: Option C
Solution
Answer: Option C
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