Q. In which year The International Finance Corporation (IFC) was established?
Answer: 1956
Notes: Established in 1956, IFC is the largest multilateral source of loan and equity financing for private sector projects in the developing world. It promotes sustainable private sector development primarily by: Financing private sector projects and companies located in the developing world; Helping private companies in the developing world mobilize financing in international financial markets; Providing advice and technical assistance to businesses and governments. The IBRD provides loans to governments, and public enterprises, always with a government (or “sovereign”) guarantee of repayment subject to general conditions
