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Commerce · Q633

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 633

Q633

Which one of the following statements is false?

A.
IFC was established in July 1956
B.
IFC encourages the growth and development of Public Sector Enterprises in member countries
Answer
C.
IFC is an affiliate of the World Bank
D.
IFC encourages the growth of productive private enterprises in member countries

Answer: Option B

Solution

Answer: Option B
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