Q. Which among the following is not a part of World Bank?
Answer: Asian Development Bank
Notes: World Bank is one of five institutions created at Breton Woods Conference in 1944. It is part of the United Nations system, but its governance structure is different. Its headquarter are situated at Washington DC, US. World Bank provides loans to developing countries for capital programmes.
It comprises only two institutions viz. International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA). In contrast World Bank Group comprises three more viz. International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID)
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