A bank which lends to developing nations to help them increase their capital stock and this achieve economic growth ?
Correct answer: C. None
- A. IMF
- B. Islamic Bank
- C. None
- D. Commercial bank
Explanation
The institution normally described here is the World Bank, particularly the International Bank for Reconstruction and Development, which supports development and capital formation in developing countries. Since the World Bank is not among the options, none of these is the best available answer.
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