IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.
The IFC is owned and governed by its member countries, but has its own executive leadership and staff that conduct its normal business operations.
It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.
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QUIZ – 2020: INSIGHTS STATIC QUIZ, 07 February 2020 - Economy - INSIGHTSIAScrease sustainable agriculture opportunities, improve healthcare and education. Which of the above statements is/are correct? 1. a) 1, 2 2. b) 1, 3 3. c) 2, 3 4. d) 1, 2, 3 Correct Solution: c) <span>IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country. The IFC is owned and governed by its member countries, but has its own executive leadership and staff that conduct its normal business operations. It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters. Functions: It offers an array of debt and equity financing services and helps companies face their risk exposures, while refraining from participating in a management capacity. The corp Summary
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