Assertion (A) : International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. Reasoning (R) : The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target. Codes :
IFC's Development Contribution and Goals Analysis
The Assertion (A) correctly states that the International Finance Corporation (IFC) actively contributes to increasing opportunities in sustainable agriculture, improving health and education, and enhancing access to financing for micro and business clients. These are core areas targeted by the IFC to foster private sector development.
The Reasoning (R) accurately points out that the IFC is guided by a set of specific development goals. These goals are crucial for ensuring that the projects undertaken by the IFC are strategically aligned and expected to achieve their intended positive outcomes.
Linking IFC's Goals to Its Contributions
The strategic focus on achieving defined development goals (Reasoning R) directly informs and justifies the IFC's investments and support in critical sectors like agriculture, health, education, and finance (Assertion A). By setting clear targets, the IFC ensures its efforts in these areas lead to tangible development impact.
Therefore, the reasoning (R) serves as a correct explanation for the assertion (A), demonstrating the logical connection between the IFC's strategic planning and its operational contributions.
Conclusion: Both statements (A) and (R) are correct, and (R) provides the correct explanation for (A).
Important Questions from International Economic institutions
General Agreement on Tariffs and Trade was formalised in the year:
In which of the following years was ADB (Asian Development Bank) established?
What is the CORRECT sequence of the following?
A. Uruguay Round
B. Kennedy Round
C. Doha Round
D. Geneva Round
Choose the correct answer from the options given below
Match List-I with List-II:
List I
(Trade and Finance Institution)
List II
(Headquarters)
a) WTO i) Brussels b) IMF ii) Geneva c) FAO iii) Washington d) EU iv) Rome Choose the correct option from those given below:
Match List I with List II:
List- I
Type of Agreement
List – II
(Explanation)
A.
NAMA
(I)
Liberation of International Investments
B.
GATTs
(II)
Includes industrial goods. textile. jewellery, fish and fisheries products and manufacturing industries
C.
TRIMs
(III)
Liberalisation of trade in goods and services
D.
TRIPs
(IV)
Provides monopoly power to owners of intellectual ‘property
Choose the correct answer from the options given below -
