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Which was the first country to avail loan from the World bank?

Correct answer: B. France

  • A. Italy
  • B. France
  • C. Germany
  • D. Japan

Explanation

France was the first country to receive a World Bank loan, in 1947, for post-war reconstruction. The loan helped finance the rebuilding of essential infrastructure after the Second World War.

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About International Organizations

International Organizations covers the purposes, headquarters, membership, structure and major functions of bodies such as the United Nations, WHO, UNESCO, IMF, World Bank, WTO, OIC, SAARC and NATO. It distinguishes their fields, such as health, finance, trade, security and regional cooperation, along with notable treaties and offices.

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