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Multiple choice world bank institutes supporting business facilitators of international business organisation of commerce and management commerce nabard and kvic funding and assistance to small businesses

The term 'ISO' stands for ______________.

  1. International Organisation for Standardisation

  2. International Standardisation for Organisation

  3. Indian Standard Organisation

  4. International Standards for Organisations
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

ISO stands for the International Organization for Standardization. It is an independent, non-governmental international organization that develops standards to ensure the quality, safety, and efficiency of products and services.

Multiple choice world bank institutes supporting business facilitators of international business organisation of commerce and management commerce nabard and kvic funding and assistance to small businesses

The world bank was set  up for the reconstruction of war-effected economies of Europe.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The World Bank was created at the 1944 Bretton Woods Conference along with the International Monetary Funds (IMF). The intention behind the founding of the World Bank was to provide temporary loans to low-income countries and reconstruction of war-effected economies of Europe.

Multiple choice world bank institutes supporting business facilitators of international business organisation of commerce and management commerce nabard and kvic funding and assistance to small businesses

The world bank diverted their resources to _______  & ________ for the underdeveloped nations.

  1. infrastructure, finance

  2. industrial, agriculture

  3. import, export

  4. neither of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The world bank diverted their resources to industrial and agricultural help for the underdeveloped nations. Industrial and agricultural situations are the primary base to the development of an underdeveloped nation.