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International Business - II
Question
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What purpose is served by World Bank and its affiliates ?

Answer

World Bank and its four affiliates viz. IDA, MIGA, IFC, ICSID are concerned with providing long term finance and finance related assistance such as protection from risks to the member countries.

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Some More Questions From International Business - II Chapter

Define Indent.

The government has given a number of incentives for the promotion of foreign trade. How they help in the encouragement of foreign trade ?

What purpose is served by World Bank and its affiliates ?

What purpose is solved by IMF (International Monetary Fund) ?

When GATT was evolved ?

Give meaning of WTO agreement.

Give the steps involved in the import of goods taken by one country.

Briefly explain “Advance license scheme” announced by Government of India to promote foreign trade.

Briefly explain “export promotion capital goods scheme”.

Which documents must be submitted to obtain IEC number ?