Multiple choice

Which among the following agencies is known as ‘soft credit window’ of the World Bank?

  1. International Finance Corporation

  2. International Bank for Reconstruction and Development

  3. International Development Association

  4. Multilateral Investment Guarantee Agency

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The International Development Association (IDA) is the 'soft loan window' of the World Bank, providing concessional loans and grants to the poorest countries. IBRD lends to middle-income countries at market rates, IFC finances private sector projects, and MIGA provides political risk insurance.