Question
Give objectives of International Development Association. (Imp.)
Solution
Important objectives of International Development Association are :
1. To provide development finance on easy terms to the less developed member countries,
2. To provide assistance for poverty alleviation in the poorest countries,
3. To provide finance at concessional interest rates in order to promote economic development, raise productivity and living standards in less developed nations, and
4. To extend macro economic management services such as those relating to health, education, nutrition, human resource development and population control.
